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Property profile & analytics
FOR LEASE
Medical Office Space
9165 W Thunderbird Rd, Peoria, AZ 85381
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-0922161
For Lease
1 / 4
$28 SF/Yr
9165 W Thunderbird Rd, Peoria, AZ 85381
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Construction
STEEL FRAME
Total area
28,547 SF
Lot
1.99 ac (86,630 SF)
Zoning code
PUD
APN
200-80-970
UPID
US07-0922161
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
-
Jessica Kaffer, PsyD Physician
-
Ashurina Ream, PsyD Physician Medical Clinic
-
Gagandeep Singh, MD: Psychiatry Physician
-
Banner Health Center Medical Clinic
-
Bradley White, PhD: Psychology Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.01M
Comparable Approach
Comparable
$9.79M
Blend (final)
Blend
$9.25M
Owner & transaction history
Health Synergy LLC · 2 yrs held
Health Synergy LLC
since 2023
Last sale
$8.2M
3 recorded transactions
Zoning & alternative use
PUD · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.8M
+44.1%
Neighborhood: shopping center
$10.9M
+33.4%
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
$10,260,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,510,000
6.5%
$6,010,000
7%
$5,580,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$8,160,000
Current use
AUTO REPAIR, GARAGE
$11,755,000
Change: +44% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$10,885,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$9.25M
Range $8.32M – $10.17M · ±10% · vs last sale $8.20M (Nov 15 2023)
Last sale anchor
$8.20M
Nov 15 2023
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
$324 / 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
$75,656
Tax year 2023
Assessed value
$972,362
Assessed 2024
Previous assessed
$872,644
+11.4% YoY
Effective rate
7.78%
On assessed value
Land market value
$1,548,300
Improvement market value
$4,344,800
Total market value
$5,893,100
Applied tax rate
111,208.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2006
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
2
Total area
28,547 SF
Lot
1.99 ac (86,630 SF)
Zoning code
PUD
APN
200-80-970
UPID
US07-0922161
Jurisdiction
MARICOPA
Zoning & alternative use
PUD · Peoria, AZ
Zoning PUD · permitted uses
PUD · 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
MEDICAL BUILDING Current
Est. value
$8.2M
AUTO REPAIR, GARAGE
Est. value
$11.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.9M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
1.99 ac
Current owner
From public records · entity-resolved
Health Synergy LLC
Entity
Mailing address
9401 W THUNDERBIRD RD, PEORIA, AZ 85381-4233
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2023
$8,200,000
Health Synergy LLC
Gen 4 Farms Thunderbird LP
Special Warranty Deed
$5,500,000 · First Citizens Bank & Trust Co
Jun 6, 2013
—
Kenneth W Sheely
—
Grant Deed
related
$6,600,000 · Umb Bk
Jan 18, 2007
—
Kenneth W Sheely
Owner Name Unavailable
Grant 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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