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Property profile & analytics
FOR SALE
Showrooms
9704 W Roosevelt St Tolleson, AZ 85353
Individually Owned
6-yr Hold
Free & Clear
Property ID
US07-0335911
For Sale
1 / 3
Contact for pricing
9704 W Roosevelt St, Tolleson, AZ 85353
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1993
Construction
CONCRETE
Total area
304,668 SF
Lot
13.96 ac (607,949 SF)
Zoning code
I-1
APN
102-53-005G
UPID
US07-0335911
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
-
California Closets Warehouse & Storage
-
States Logistics Services, Inc. 9704 W. Roosevelt Street, Tolleson, Az. 85353 Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$184.02M
Blend (final)
Blend
$161.31M
Owner & transaction history
Bre Jupiter Western B West Azica Ll · 6 yrs held
Bre Jupiter Western B West Azica Ll
since 2019
7 recorded transactions
Zoning & alternative use
I-1 · Tolleson, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Light Industrial Park District (I-1): promote and protect light manufacturing, warehouses, research and development industries, to cluster industries into planned industrial parks, to minimize incompatibility of industrial uses with adjacent land uses, provide sufficient space in appropriate locations for businesses and manufacturing firms free from offensiv…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,568.72 ac
Source
code of ordinances
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
Blend value · Realmo final
$161.31M
Range $145.18M – $177.44M · ±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
$529 / 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
$263,763
Tax year 2023
Assessed value
$4,923,023
Assessed 2024
Previous assessed
$4,665,480
+5.5% YoY
Effective rate
5.36%
On assessed value
Land market value
$4,188,600
Improvement market value
$25,647,900
Total market value
$29,836,500
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1993
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
304,668 SF
Lot
13.96 ac (607,949 SF)
Zoning code
I-1
APN
102-53-005G
UPID
US07-0335911
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Tolleson, AZZoning 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
Zoning description
Light Industrial Park District (I-1): promote and protect light manufacturing, warehouses, research and development industries, to cluster industries into planned industrial parks, to minimize incompatibility of industrial uses with adjacent land uses, provide sufficient space in appropriate locations for businesses and manufacturing firms free from offensive land uses in modern, landscaped buildings and surroundings; and (2) General Industrial District (I-2): promote and protect large and intensive industrial manufacturing plants and their appurtenant uses, to provide attractive and well maintained planned industrial parks for the location of the activities. (Ord. 274, passed 7-28-1987)
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,568.72 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1993
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
13.96 ac
Current owner
From public records · entity-resolved
Bre Jupiter Western B West Azica Ll
Individual
Free & Clear · 6 yrs held
Mailing address
90 PARK AVE FL, NEW YORK, NY 10016-1301
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2026
—
Bre Jupiter Western B West Az Ca Ll
—
Deed
related
—
Oct 1, 2021
—
Bre Jupiter Western B West Az Ca Ll
—
Deed
related
—
Oct 1, 2019
—
Bre Jupiter Western B West Azica Ll
Western B West Az LLC
Special Warranty Deed
—
Nov 9, 2015
—
Western B West Az LLC
Iit Palo Verde Dc LLC
Grant Deed
related
—
Jun 15, 2012
—
Iit Palo Verde Dc LLC
—
Deed Of Trust
related
$300,000,000 · Key Bank & Trust
Jun 11, 2012
$15,162,264
Iit Palo Verde Dc LLC
Prologis Logistics Svcs INC
Grant Deed
—
Mar 5, 2012
—
Prologis Logistics Svcs INC
Prologis LP
Quit Claim Deed
—
Aug 9, 2011
$9,950,000
Prologis LP
Sade Paul & Eleanor Trust
Grant Deed
—
Sep 11, 2002
$9,800,000
Sade,tr
Terminals Equipment Co INC
Grant Deed
—
Sep 30, 1998
$1,680,260
Cunningham Trust
Cherry Properties LLC
Grant Deed
—
Sep 8, 1998
—
Department Of Transportation
Terminals Equipment Co INC
Quit Claim Deed
related
—
Dec 21, 1995
$7,140,000
Terminals Equipment Co INC
Reco INC
Grant Deed
—
—
—
Iit Palo Verde Dc 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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