Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,830,000
Strip malls
9710 Happy Vly Rd Peoria, AZ 85383-1214
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-2028523
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2016
Construction
CONCRETE
Total area
7,646 SF
Lot
1.14 ac (49,735 SF)
Zoning code
PAD
APN
201-08-195
UPID
US07-2028523
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
-
Pioneer Title Agency Title Company Escrow Service
-
HAIR TRIBE inside Salon 4 Suites Hair Salon Nail Salon
-
Salon4 Suites Hair Salon Nail Salon
-
MODERN TEXTURE Hair Salon
-
Sara Mohr Hair Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.27M
Blend (final)
Blend
$2.83M
Owner & transaction history
Hmrt Of Csim-lake Pleasant LLC · 8 yrs held
Hmrt Of Csim-lake Pleasant LLC
since 2018
6 recorded transactions
Zoning & alternative use
PAD · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.4M
+49.5%
Commercial (general)
$4.2M
+42.7%
Auto repair, garage
$3.2M
+8.0%
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
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
NEIGHBORHOOD: SHOPPING CENTER
$2,915,000
Current use
RESTAURANT
$4,360,000
Change: +50% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,160,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,150,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$2.83M
Range $2.55M – $3.11M · ±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
$370 / 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
$21,300
Tax year 2023
Assessed value
$290,087
Assessed 2024
Previous assessed
$257,244
+12.8% YoY
Effective rate
7.34%
On assessed value
Land market value
$534,400
Improvement market value
$1,223,700
Total market value
$1,758,100
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2016
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
7,646 SF
Lot
1.14 ac (49,735 SF)
Zoning code
PAD
APN
201-08-195
UPID
US07-2028523
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Peoria, AZ
Zoning PAD · permitted uses
PAD · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.9M
RESTAURANT
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2016
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Hmrt Of Csim-lake Pleasant LLC
Entity
Mailing address
20 S CLARK ST STE #3000, CHICAGO, IL 60603-1887
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
May 15, 2019
—
Hmrt Of Csim-lake Pleasant LLC
—
Grant Deed
related
$19,370,000 · Insurance Strategy Fndg Xx LLC
Jun 29, 2018
$13,400
Hmrt Of Csim-lake Pleasant LLC
Cypress Lk Pleasant Ctr LLC
Trustees Deed
$7,000,000 · Mutual/omaha Bk
Mar 21, 2016
—
Cypress Lake Pleasant Center L
Cypress Lake Pleasant LP
Quit Claim Deed
related
$6,872,000 · Texas Cap Bk
Oct 3, 2014
—
Cypress Lake Pleasant LP
Carlyle Of Cypress Lake Pleasant
Quit Claim Deed
related
$13,000,000 · Ladder Cap Fin
Jul 21, 2008
—
Carlyle Pleasant
Owner Name Unavailable
Grant Deed
related
—
Jan 18, 2006
—
Arizona State Land Department
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9710 Happy Vly Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
