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Property profile & analytics
OFF-MARKET
Estimated value
$10,150,000
Industrial properties
9235 Mckemy St, Tempe, AZ 85284-2938
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0424035
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1997
Construction
CONCRETE
Total area
72,166 SF
Lot
4.97 ac (216,667 SF)
Zoning code
GID
APN
301-60-979
UPID
US07-0424035
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
-
Overhead Door Company of Central Arizona™ Building Supply General Contractor
-
DH Pace Hardware & Home Improvement Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.15M
Owner & transaction history
Een Real Estate INC · 4 yrs held
Een Real Estate INC
since 2021
Last sale
$10.8M
7 recorded transactions
Zoning & alternative use
GID · Tempe, 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 Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe 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
$8,845,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,945,000
6.5%
$10,105,000
7%
$9,380,000
Blend value · Realmo final
$10.15M
Range $9.14M – $11.17M · ±10% · vs last sale $10.82M (Nov 2 2021)
Last sale anchor
$10.82M
Nov 2 2021
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
$141 / 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
$106,222
Tax year 2023
Assessed value
$2,020,458
Assessed 2024
Previous assessed
$1,495,541
+35.1% YoY
Effective rate
5.26%
On assessed value
Land market value
$2,070,400
Improvement market value
$10,174,800
Total market value
$12,245,200
Applied tax rate
281,600.0000
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1997
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
72,166 SF
Lot
4.97 ac (216,667 SF)
Zoning code
GID
APN
301-60-979
UPID
US07-0424035
Jurisdiction
MARICOPA
Zoning & alternative use
GID · Tempe, AZ
Zoning GID · permitted uses
GID · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tempe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
4.97 ac
Current owner
From public records · entity-resolved
Een Real Estate INC
Entity
Mailing address
1901 E 119TH ST, OLATHE, KS 66061-9502
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2021
$10,821,923
Een Real Estate INC
Een Tempe Eat 2021 LLC
Special Warranty Deed
—
Aug 31, 2021
$10,800,000
Een Tempe Eat 2021 LLC
Development Services Of America INC
Special Warranty Deed
—
Jun 20, 2014
$7,500,000
Development Svcs Of America In
Mckemy Holdings INC
Grant Deed
—
Apr 13, 2000
$5,930,430
Mckemy Holdings INC
Mahoney Carter Ads LLC
Grant Deed
related
—
Oct 1, 1998
—
Car,mahoney Carter Ads LLC
Mahoney Carter Interest LLC
Quit Claim Deed
related
$4,800,000 · Amresco Capital Corp
Jul 10, 1997
—
Carter Interests L L C Mahoney
Pacific Exchange Corp
Grant Deed
related
—
Dec 22, 1994
$10,284,476
Sunamerica INC
Anchor National Life Ins
Grant Deed
—
—
—
Pacific American Property Exchan
—
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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