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Property profile & analytics
OFF-MARKET
Estimated value
$1,390,000
Office buildings
9240 Union Hills Dr C3 Peoria, AZ 85382-8213
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-2060657
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
CONCRETE
Total area
4,600 SF
Lot
0.03 ac (1,120 SF)
Zoning code
O-1
APN
233-01-812
UPID
US07-2060657
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
-
Thompson Medical Group Physician
-
Dr. Elishia L. Thompson III, DO Physician
-
Valley Direct Primary Care Medical Clinic
-
Catherine Jackey Physician
-
James Chernek American Family Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.39M
Owner & transaction history
Kdsd Properties LLC · 3 yrs held
Kdsd Properties LLC
since 2023
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
O-1 · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+99.2%
Neighborhood: shopping center
$1.8M
+84.5%
Medical building
$1.1M
+17.1%
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
$1,680,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,225,000
6.5%
$1,135,000
7%
$1,050,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$950,000
Current use
AUTO REPAIR, GARAGE
$1,895,000
Change: +99% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,755,000
Change: +85% · Conversion: Difficult
MEDICAL BUILDING
$1,115,000
Change: +17% · Conversion: Easy
WAREHOUSE, STORAGE
$940,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.39M
Range $1.25M – $1.53M · ±10% · vs last sale $1.38M (Jul 11 2023)
Last sale anchor
$1.38M
Jul 11 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
$302 / 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
$2,747
Tax year 2023
Assessed value
$47,768
Assessed 2024
Previous assessed
$39,627
+20.5% YoY
Effective rate
5.75%
On assessed value
Land market value
$57,900
Improvement market value
$231,600
Total market value
$289,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
4,600 SF
Lot
0.03 ac (1,120 SF)
Zoning code
O-1
APN
233-01-812
UPID
US07-2060657
Jurisdiction
MARICOPA
Zoning & alternative use
O-1 · Peoria, AZ
Zoning O-1 · permitted uses
O-1 · 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
OFFICE BUILDING Current
Est. value
$950,000
AUTO REPAIR, GARAGE
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$940,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2007
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Kdsd Properties LLC
Entity
Mailing address
9412 W MONTE LINDO, PEORIA, AZ 85383-4224
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2023
$1,376,400
Kdsd Properties LLC
Thompson Medical Pad LLC
Special Warranty Deed
$1,101,120 · Desert Financial Cu
Jul 31, 2017
$750,000
Thompson Medical Pad LLC
Zwhrjh Investments LLC
Grant Deed
$800,000 · Compass Bk
Jun 29, 2011
$642,320
Zwhrjh Investments LLC
H R West LLC
Warranty Deed
$701,200 · Heritage Bank
Dec 15, 2010
$1,589,742
H R West LLC
Heritage Bk
Grant Deed
$789,742 · Heritage Bank
Sep 24, 2010
—
Bk Heritage
Greenfield LLC
Deed In Lieu Of Foreclosure
related
—
Jul 20, 2006
—
Greenfield LLC
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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