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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Flex space
9227 10th Ave, Phoenix, AZ 85021-3116
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-1404608
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1967
Construction
CONCRETE
Total area
4,259 SF
Lot
0.25 ac (10,692 SF)
Zoning code
A-1
APN
158-31-023H
UPID
US07-1404608
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
-
Society of St. Vincent de Paul - Sunnyslope Dining Room Charitable Organization Social Service Agency
-
Society of Saint Vincent de Paul - Food Pantry - Soup Kitchen Food Bank Charitable Organization
-
Society of Saint Vincent de Paul - Food Distribution Center Food Bank Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
$410k
Comparable Approach
Comparable
$500k
Blend (final)
Blend
$570k
Owner & transaction history
Pacific Funding LLC · 1 yrs held
Pacific Funding LLC
since 2024
Last sale
$570,000
4 recorded transactions
Zoning & alternative use
A-1 · Phoenix, 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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
$570,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
$445,000
6.5%
$410,000
7%
$385,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$935,000
Current use
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $570k (Oct 30 2024)
Last sale anchor
$570k
Oct 30 2024
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
$134 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$3,357
Tax year 2022
Assessed value
$38,253
Assessed 2024
Previous assessed
$38,253
+0.0% YoY
Effective rate
8.78%
On assessed value
Land market value
$124,000
Improvement market value
$131,021
Total market value
$255,021
Applied tax rate
61,300.0000
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
1967
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
4,259 SF
Lot
0.25 ac (10,692 SF)
Zoning code
A-1
APN
158-31-023H
UPID
US07-1404608
Jurisdiction
MARICOPA
Zoning & alternative use
A-1 · Phoenix, AZ
Zoning A-1 · permitted uses
A-1 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$935,000
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
1967
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Pacific Funding LLC
Entity
Free & Clear · 1 yrs held
Mailing address
13420 N CAVE CRK RD, PHOENIX, AZ 85022-5136
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Oct 30, 2024
$570,000
Pacific Funding LLC
Aspire Industry LLC
Warranty Deed
—
Oct 28, 2024
$570,000
Aspire Industry LLC
Diocesan Council Fo Societ Of St Vi
Warranty Deed
—
Sep 6, 1996
$195,000
Diocesan Council For The Society
Nicolae Comanescu
Grant Deed
related
—
Jun 1, 1987
—
Nicola Comanescu
Bird,
Deed Of Trust
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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