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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Flex space
8961 79th Ave Ste 107, Peoria, AZ 85345-7958
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US07-0634927
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2006
Construction
CONCRETE
Total area
19,998 SF
Lot
0.07 ac (2,864 SF)
Zoning code
I-1
APN
142-20-149
UPID
US07-0634927
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
-
Vern Lewis Welding Supply, Inc. Big Box & Wholesale Store Building Supply
-
Arrowhead Superior Parts LLC Department Store
-
BuyOffroad.com Auto Parts Store
-
Canyon Six (Bike/Boat/Book/etc) Store
-
Beleza Software (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.14M
Owner & transaction history
Rsh Enterprises LLC · 10 yrs held
Rsh Enterprises LLC
since 2015
6 recorded transactions
Zoning & alternative use
I-1 · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
INDUSTRIAL (GENERAL)
$790,000
Current use
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±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
$57 / 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
$3,259
Tax year 2023
Assessed value
$67,419
Assessed 2024
Previous assessed
$54,519
+23.7% YoY
Effective rate
4.83%
On assessed value
Land market value
$81,700
Improvement market value
$326,900
Total market value
$408,600
Applied tax rate
111,200.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
19,998 SF
Lot
0.07 ac (2,864 SF)
Zoning code
I-1
APN
142-20-149
UPID
US07-0634927
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Peoria, AZ
Zoning I-1 · permitted uses
I-1 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$790,000
INDUSTRIAL (GENERAL) Current
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
0.07 ac
Current owner
From public records · entity-resolved
Rsh Enterprises LLC
Entity
Mailing address
8961 N 79TH AVE, PEORIA, AZ 85345-7912
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2015
$435,000
Rsh Enterprises LLC
Washington Federal
Special Warranty Deed
$369,750 · Bmo Harris Bank NA
Apr 24, 2015
$475,000
Washington Fedl
Jenkins W Scott JR|bingo Tech LLC
Trustees Deed
—
Dec 29, 2009
$650,000
Bingo Tech LLC
Western Natl Bk
Grant Deed
$650,000 · Western National Bank
Jul 28, 2009
$160,000
Western National Bank
Jenkins William S JR
Trustees Deed
related
—
Apr 17, 2009
—
Kaj Dev LLC
Yoder,bryon W & Joanna
Warranty Deed
related
—
—
—
Rsh Ents LLC
—
Loan Modification
related
$357,000 · Bmo Harris Bk NA
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
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