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Property profile & analytics
OFF-MARKET
Estimated value
$3,115,000
Outlet malls
9131 Grand Ave Peoria, AZ 85345
Trust Owned
11-yr Hold
Free & Clear
Property ID
US07-1043295
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1978
Construction
CONCRETE
Total area
14,924 SF
Lot
0.21 ac (9,024 SF)
Zoning code
C-4
APN
142-49-020
UPID
US07-1043295
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.12M
Blend (final)
Blend
$3.12M
Owner & transaction history
Greene,joel & Sandra Trust · 11 yrs held
Greene,joel & Sandra Trust
since 2015
4 recorded transactions
Zoning & alternative use
C-4 · 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
Blend value · Realmo final
$3.12M
Range $2.80M – $3.43M · ±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
$209 / 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
$8,360
Tax year 2023
Assessed value
$114,345
Assessed 2024
Previous assessed
$98,838
+15.7% YoY
Effective rate
7.31%
On assessed value
Land market value
$102,600
Improvement market value
$590,400
Total market value
$693,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1978
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
14,924 SF
Lot
0.21 ac (9,024 SF)
Zoning code
C-4
APN
142-49-020
UPID
US07-1043295
Jurisdiction
MARICOPA
Zoning & alternative use
C-4 · Peoria, AZ
Zoning C-4 · permitted uses
C-4 · 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.
Building & site characteristics
From public records
Year built
1978
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Greene,joel & Sandra Trust
Trust
Free & Clear · 11 yrs held
Mailing address
4527 SAN FELICIANO DR, WOODLAND HILLS, CA 91364-5037
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2015
$1,900,000
Greene,joel & Sandra Trust
Hfh Grand LLC
Warranty Deed
—
Feb 23, 2011
—
Hfh Grand LLC
Simoni Marriette Trust
Warranty Deed
related
—
Jan 3, 2005
$750,000
Simoni Marriette Trust
Selinger Family LLC
Warranty Deed
$600,000 · Selinger Family LLC
Sep 28, 1995
—
Selinger Family Trust
Walter & Renee Selinger
Quit Claim Deed
related
—
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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