Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    965 Davidson St Eloy, AZ 85131-2224
    Back to Search
    Property profile & analytics

    965 Davidson St, Eloy, AZ 85131-2224

    View on Map
    • Warehouses
    • 2,500 SF
    • 5.66 lot acres
    Off-Market
    Property ID
    US07-1251554
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 965 Davidson St

    Year built
    1999
    Lot size
    5.66 lot acres
    Property type
    Warehouses
    APN
    408-02-0070
    APU
    408020070

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 12, 2016 — Multigen LLC Joseph Painting Co INC Warranty Deed —
    Jul 29, 2016 $280,000 Joseph Painting Co INC Mrlp LLC Grant Deed —
    Oct 16, 2014 — Mrlp LLC Pentagon Produce INC Quit Claim Deed · related —
    Mar 28, 2014 — Mlrp LLC Rutledge,jack E Quit Claim Deed · related —
    Jul 23, 2004 — Donald R Lindenborn JR. Mrlp Partners Quit Claim Deed · related —
    May 10, 1999 $62,249 Mrlp Partners Fram Ltd Grant Deed —
    — — Brian M Mizokami — Deed Of Trust · related $185k · Texas State Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Eloy
    County
    Pinal
    State
    Arizona
    Longitude
    -111.576
    Latitude
    32.762
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,868
    $35,503
    $29,340
    $64,843
    -
    $197,240
    $162,998
    $360,238

    Comparable in this City

    • Value Estimation by Request
      1,440 SF

      506 Sunshine Blvd

      WAREHOUSE, STORAGE
      506 Sunshine Blvd, Eloy, AZ 85131-2420
      View Details
    • Value Estimation by Request
      3,267 SF

      611 Dr Martin Luther King Jr St

      WAREHOUSE, STORAGE
      611 Dr Martin Luther King Jr St, Eloy, AZ 85131
      View Details
    • Value Estimation
      $505,000
      5,328 SF

      517 Penn St

      WAREHOUSE, STORAGE
      517 Penn St, Eloy, AZ 85131
      View Details
    • Value Estimation
      $540,000
      5,151 SF

      119 Sunshine Blvd

      WAREHOUSE, STORAGE
      119 Sunshine Blvd, Eloy, AZ 85131-2451
      View Details
    • Value Estimation by Request
      7,226 SF

      409-413 Main St

      Distribution properties
      409-413 Main St, Eloy, AZ 85131
      View Details
    • Value Estimation by Request
      1,150 SF

      10 Santa Cruz Ave

      STORAGE YARD (JUNK, SALVAGE)
      10 Santa Cruz Ave, Eloy, AZ 85131
      View Details

    Similar Nearby for Sale

    • $7,241,600
      226.30 Acres

      Eloy, AZ Industrial Land

      ±226 Acres Light Industrial Land
      0 ±226.30 Ac Sec Of Battaglia & Curry Rd, Eloy, AZ 85131
      View Details
    • Contact for pricing
      7,226 SF

      Downtown Eloy Mixed-Use Opportunity

      Mixed-use property in Downtown Eloy, Arizona, suitable for owner-user.
      409-413 N Main St, Eloy, AZ 85131
      View Details
    • $349,000
      0.87 Acres

      Eloy Commercial Land - I-10 Access

      High-traffic location, .87-acre lot, development potential.
      406 Sunshine Blvd, Eloy, AZ 85131
      View Details
    • $2,240,000

      Land Available For Sale

      Land available for sale in Eloy, Arizona.
      300 E Arica Rd, Eloy, AZ 85131
      View Details
    • Contact for pricing
      10.01 Acres

      Eloy Land with Rural Zoning

      10 acres of land zoned for general/rural use.
      N Parcel ''A'' St, Eloy, AZ 85131
      View Details
    • $194,900
      21.55 Acres

      Vacant Land in Eloy, Arizona

      Large parcel ideal for residential retreat or divisible investment.
      West Taurus Ave, Eloy, AZ 85131
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      409-413 N Main St, Eloy, AZ 85131

      Mixed-use properties
      409-413 N Main St, Eloy, AZ 85131
      View Details
    • $1.35 SF/Yr

      Industrial Building Suites For Lease

      Industrial suites for lease in under-construction building.
      201 E Alsdorf Rd, Eloy, AZ 85131
      View Details
    • Contact for pricing

      Retail Building on 1.48 Acres

      Retail building with owner-user potential, adjacent to Circle K.
      612 W Frontier St, Eloy, AZ 85131
      View Details
    • Contact for pricing
      2,380 SF

      Retail/Office Space in Eloy, AZ

      High-visibility retail/office space at Robson Ranch entrance in Eloy.
      5251 N Robson Blvd, Eloy, AZ 85131
      View Details
    • $0.85 SF/Yr
      51,613 SF

      Industrial Building with Land Available

      Industrial building for lease in Eloy, Arizona with land.
      1520 W Battaglia Rd, Eloy, AZ 85131
      View Details
    • $1.35 SF/Yr

      Industrial Building Under Construction

      Industrial suites for lease at E Alsdorf & S Sunshine.
      201 E Alsdorf Rd, Eloy, AZ 85131
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    965 Davidson St
    Eloy, AZ 85131-2224
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    965 Davidson St, Eloy, AZ, 85131
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!