Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Office buildings
8765 Kelton Ln Ste C1 Peoria, AZ 85382-5001
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-3224741
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
CONCRETE
Total area
5,528 SF
Lot
0.13 ac (5,458 SF)
Zoning code
PAD
APN
200-56-905
UPID
US07-3224741
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bergen Financial Group Consultant
-
Family Partners LLC Adult Day Care
-
Healing Space Yoga Studio Gym & Fitness Center
-
Law Office of Michael S. DeFine Law Firm
-
Newton Medical Consulting Inc. Medical Billing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.53M
Owner & transaction history
Innovative Invesment Holdings LLC · 3 yrs held
Innovative Invesment Holdings LLC
since 2023
7 recorded transactions
Zoning & alternative use
PAD · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.3M
+99.2%
Neighborhood: shopping center
$2.1M
+84.5%
Medical building
$1.3M
+17.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Peoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peoria submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,145,000
Current use
AUTO REPAIR, GARAGE
$2,275,000
Change: +99% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,110,000
Change: +85% · Conversion: Difficult
MEDICAL BUILDING
$1,340,000
Change: +17% · Conversion: Easy
WAREHOUSE, STORAGE
$1,130,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$277 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,161
Tax year 2023
Assessed value
$195,575
Assessed 2024
Previous assessed
$169,184
+15.6% YoY
Effective rate
5.20%
On assessed value
Land market value
$237,000
Improvement market value
$948,300
Total market value
$1,185,300
Applied tax rate
111,202.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
5,528 SF
Lot
0.13 ac (5,458 SF)
Zoning code
PAD
APN
200-56-905
UPID
US07-3224741
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Peoria, AZ
Zoning PAD · permitted uses
PAD · Peoria, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Peoria. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Innovative Invesment Holdings LLC
Entity
Mailing address
22921 N 44TH PL, PHOENIX, AZ 85050-8793
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2023
—
Innovative Invesment Holdings LLC
Lillian Y Nawa
Re-recorded Document
related
—
Dec 21, 2022
$1,425,000
Innovative Invesment Holdings LLC
Lillian Y Nawa
Special Warranty Deed
$1,264,000 · Desert Financial Cu
Mar 14, 2018
$927,000
Nawa,joseph J & L Y Trust
Pathfinder Trf Four LLC
Grant Deed
—
Oct 24, 2012
$400,000
Pathfinder Trf Four LLC
Sbaz Real Estate Holdings LLC
Grant Deed
—
Dec 2, 2010
$549,259
Sbaz Real Estate Holdings LLC
Horwitz,ronald M
Trustees Deed
related
—
Jan 30, 2007
$955,150
Peoria Chamber Of Commerce INC
8700 Kelton Campus LLC
Grant Deed
$1,080,684 · Arrowhead Community Bank
—
—
Peoria Chamber Of Commerce INC
—
Deed Of Trust
related
$60,000 · 8700 Kelton Campus LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8765 Kelton Ln Ste C1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
