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Property profile & analytics
OFF-MARKET
Estimated value
$10,325,000
Warehouses
9315 El Mirage Rd El Mirage, AZ 85335-3179
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-0396806
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Total area
53,200 SF
Lot
2.5 ac (108,910 SF)
Zoning code
EI
APN
501-45-015L
UPID
US07-0396806
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
-
K.W. Pre-Cast, Inc. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.69M
Blend (final)
Blend
$10.33M
Owner & transaction history
Eastern Investment Group LLC · 2 yrs held
Eastern Investment Group LLC
since 2024
Last sale
$10.3M
6 recorded transactions
Zoning & alternative use
EI · El Mirage, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$16.8M
+54.3%
Medical building
$13.5M
+24.4%
Office building
$12.7M
+16.9%
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 El Mirage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Mirage 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$10,885,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$16,800,000
Change: +54% · Conversion: Moderate
MEDICAL BUILDING
$13,545,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$12,725,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$10.33M
Range $9.29M – $11.36M · ±10% · vs last sale $10.31M (Jun 25 2024)
Last sale anchor
$10.31M
Jun 25 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
$194 / 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
$71,060
Tax year 2023
Assessed value
$1,065,242
Assessed 2024
Previous assessed
$866,133
+23.0% YoY
Effective rate
6.67%
On assessed value
Land market value
$485,200
Improvement market value
$5,970,811
Total market value
$6,456,011
Applied tax rate
890,402.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Heating
NONE
Stories
1
Total area
53,200 SF
Lot
2.5 ac (108,910 SF)
Zoning code
EI
APN
501-45-015L
UPID
US07-0396806
Jurisdiction
MARICOPA
Zoning & alternative use
EI · El Mirage, AZ
Zoning EI · permitted uses
EI · El Mirage, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Mirage. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$10.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$16.8M
MEDICAL BUILDING
Est. value
$13.5M
OFFICE BUILDING
Est. value
$12.7M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
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
2020
Heating
NONE
Stories
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
Eastern Investment Group LLC
Entity
Mailing address
9315 N EL MIRAGE RD, EL MIRAGE, AZ 85335-3179
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2024
$10,311,883
Eastern Investment Group LLC
Lone Star Holdings LLC
Special Warranty Deed
$12,000,000 · Chicago Atlantic Admin LLC
Dec 5, 2022
—
Lone Star Holdings LLC
Tx Cali Holdings LLC
Deed
—
Apr 19, 2021
—
Tx Cali Holdings LLC
—
Deed
related
$10,900,000 · Chicago Atlantic Admin LLC
Oct 2, 2019
$525,000
Tx-cali Holdings LLC
Dbc Properties LLC
Warranty Deed
—
Nov 8, 2007
—
Dbc Properties LLC
Williamson,warren L & Kathleen A
Quit Claim Deed
related
—
Jan 3, 2007
$500,000
Warren L Williamson
Grim,gary L & Cathy J
Warranty Deed
$350,000 · Desert Hills Bank
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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