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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Bars & Pubs
9118 Van Buren St Tolleson, AZ 85353-2904
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-0833043
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1932
Construction
CONCRETE
Total area
2,444 SF
Lot
0.16 ac (7,125 SF)
Zoning code
CORE
APN
102-49-005
UPID
US07-0833043
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
-
Roma23 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$724k
Blend (final)
Blend
$820k
Owner & transaction history
Mikmarno LLC · 3 yrs held
Mikmarno LLC
since 2022
Last sale
$820,000
7 recorded transactions
Zoning & alternative use
CORE · Tolleson, 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 Tolleson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tolleson 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
$815,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$820k
Range $738k – $902k · ±10% · vs last sale $820k (Aug 18 2022)
Last sale anchor
$820k
Aug 18 2022
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
$336 / 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
$10,082
Tax year 2023
Assessed value
$85,190
Assessed 2024
Previous assessed
$73,508
+15.9% YoY
Effective rate
11.83%
On assessed value
Land market value
$84,000
Improvement market value
$432,300
Total market value
$516,300
Applied tax rate
171,700.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1932
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
2,444 SF
Lot
0.16 ac (7,125 SF)
Zoning code
CORE
APN
102-49-005
UPID
US07-0833043
Jurisdiction
MARICOPA
Zoning & alternative use
CORE · Tolleson, AZ
Zoning CORE · permitted uses
CORE · Tolleson, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tolleson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1932
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Mikmarno LLC
Entity
Mailing address
6813 S 49TH DR, LAVEEN, AZ 85339-8224
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2022
$820,000
Mikmarno LLC
Fuego Grill Holdings LLC
Special Warranty Deed
$900,000 · Ron Swanson Holdings LLC
Oct 20, 2021
—
Fuego Grill Holdings LLC
Jose D Espinoza
Special Warranty Deed
$380,000 · Desert Financial Cu
May 22, 2009
—
Jose D Espinoza
—
Trustees Deed
related
$680,000 · Landmarc Capital & Inv Co
Jul 3, 2007
—
Jose D Espinoza
Espinoza,diego
Quit Claim Deed
related
$680,000 · Landmarc Capital & Inv Co
Dec 2, 2003
$80,000
Diego Espinoza
Mercedes,tr
Grant Deed
—
Dec 2, 2003
—
Diego Espinoza
Lopez,luis & Mercedes
Grant Deed
related
—
May 29, 2001
—
Lopez Trust
Lopez,luis & Mercedes O
Quit Claim Deed
related
—
Mar 6, 1998
—
Lois Lopez
Lopez,daniel R
Quit Claim Deed
related
—
—
—
Lopez Luis JR & Mercedes Trust
—
Deed Of Trust
related
$50,000 · Bank Of The West
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.
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