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Property profile & analytics
OFF-MARKET
Estimated value
$39,250,000
Distribution centers
9702 Tonto St, Tolleson, AZ 85353-9703
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US07-0064298
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2005
Construction
CONCRETE
Total area
138,020 SF
Lot
16.42 ac (715,276 SF)
Zoning code
I-1
APN
101-05-012
UPID
US07-0064298
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
-
Air Flow Hardware & Home Improvement HVAC Service
-
Sigler Wholesale Hardware & Home Improvement Home Appliance Store
-
Kroger Distribution Center Distribution Center Logistics Company
-
Totaline Parts Store Auto Parts Store
-
Bryant Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$39.89M
Blend (final)
Blend
$39.25M
Owner & transaction history
Sigler Properties LLC · 21 yrs held
Sigler Properties LLC
since 2005
5 recorded transactions
Zoning & alternative use
I-1 · Tolleson, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$61.3M
+117.0%
Retail stores
$46.4M
+64.4%
Neighborhood: shopping center
$43.6M
+54.3%
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 Tolleson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tolleson 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
$28,245,000
Current use
AUTO REPAIR, GARAGE
$61,280,000
Change: +117% · Conversion: Easy
RETAIL STORES
$46,430,000
Change: +64% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$43,590,000
Change: +54% · Conversion: Moderate
MEDICAL BUILDING
$35,140,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$33,010,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$39.25M
Range $35.33M – $43.18M · ±10%
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
$284 / 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
$289,528
Tax year 2023
Assessed value
$3,974,633
Assessed 2024
Previous assessed
$4,254,605
-6.6% YoY
Effective rate
7.28%
On assessed value
Land market value
$4,026,500
Improvement market value
$20,208,600
Total market value
$24,235,100
Applied tax rate
171,700.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Stories
1
Total area
138,020 SF
Lot
16.42 ac (715,276 SF)
Zoning code
I-1
APN
101-05-012
UPID
US07-0064298
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Tolleson, AZ
Zoning I-1 · permitted uses
I-1 · Tolleson, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tolleson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$28.2M
AUTO REPAIR, GARAGE
Est. value
$61.3M
RETAIL STORES
Est. value
$46.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$43.6M
MEDICAL BUILDING
Est. value
$35.1M
OFFICE BUILDING
Est. value
$33.0M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
2005
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
16.42 ac
Current owner
From public records · entity-resolved
Sigler Properties LLC
Entity
Mailing address
9702 W TONTO ST, TOLLESON, AZ 85353-9703
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2005
—
Sigler Properties LLC
Owner Name Unavailable
Grant Deed
related
—
Nov 18, 2004
—
Sigler Properties LLC
—
Deed Of Trust
related
$6,600,000 · Wells Fargo Bank
Oct 22, 2004
$2,000,000
Sigler Properties LLC
Russell Sigler INC
Grant Deed
related
—
—
—
Sigler Properties LLC
—
Loan Modification
related
—
—
—
Sigler Properties LLC
—
Loan Modification
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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