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Property profile & analytics
OFF-MARKET
Estimated value
$16,435,000
Outlet malls
9820 Lowr Buckeye Rd Tolleson, AZ 85353-1405
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-1016949
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2005
Construction
CONCRETE
Total area
30,160 SF
Lot
7.21 ac (314,237 SF)
Zoning code
C-2
APN
101-14-012
UPID
US07-1016949
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.62M
Blend (final)
Blend
$16.44M
Owner & transaction history
Pecah Reh LLC · 7 yrs held
Pecah Reh LLC
since 2019
6 recorded transactions
Zoning & alternative use
C-2 · Tolleson, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
In the C-2 District. In the C-2 District, the following additional uses including the above uses in division (A) above are designated as use permitted subject to a use permit. All use permits must be approved by the Tolleson City Council at a public meeting as per §
Zone name
General Commercial
General category
COMMERCIAL
Zone area
369.65 ac
Source
code of ordinances
Top alternative use upside
Commercial (general)
$24.2M
+138.6%
Restaurant
$17.2M
+69.5%
Auto repair, garage
$13.4M
+32.0%
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 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
RETAIL STORES
$10,145,000
Current use
COMMERCIAL (GENERAL)
$24,205,000
Change: +139% · Conversion: Easy
RESTAURANT
$17,195,000
Change: +69% · Conversion: Easy
AUTO REPAIR, GARAGE
$13,390,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$16.44M
Range $14.79M – $18.08M · ±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
$545 / 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
$203,078
Tax year 2023
Assessed value
$1,731,923
Assessed 2024
Previous assessed
$1,442,110
+20.1% YoY
Effective rate
11.73%
On assessed value
Land market value
$1,995,600
Improvement market value
$8,500,900
Total market value
$10,496,500
Applied tax rate
621,300.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
6
Stories
1
Units
6
Total area
30,160 SF
Lot
7.21 ac (314,237 SF)
Zoning code
C-2
APN
101-14-012
UPID
US07-1016949
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Tolleson, AZZoning C-2 · permitted uses
C-2 · Tolleson, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
In the C-2 District. In the C-2 District, the following additional uses including the above uses in division (A) above are designated as use permitted subject to a use permit. All use permits must be approved by the Tolleson City Council at a public meeting as per §
Zone name
General Commercial
General category
COMMERCIAL
Zone area
369.65 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$10.1M
COMMERCIAL (GENERAL)
Est. value
$24.2M
RESTAURANT
Est. value
$17.2M
AUTO REPAIR, GARAGE
Est. value
$13.4M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
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
2005
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
6
Units
6
Lot
7.21 ac
Current owner
From public records · entity-resolved
Pecah Reh LLC
Entity
Mailing address
503 B ST #2050, SAN DIEGO, CA 92101
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2019
$8,438,108
Pecah Reh LLC
Pecan Retail I LLC
Special Warranty Deed
$128,600 · Deutsche Bank National Trust Co
Jan 9, 2017
—
Pecan Retail I LLC
—
Deed
related
$15,998,437 · Everbank
Jul 1, 2014
$19,000,000
Pecan Retail I LLC I
Pecan Holdings LLC
Trustees Deed
$15,000,000 · Pfp Hldg Co III
Oct 19, 2011
—
Pecan Holdings LLC
—
Deed Of Trust
related
$7,100,000 · Ing USA Annunity & Life Ins Co
Dec 1, 2010
—
Pecan Holdings LLC
Barclay Holdings Xxix LLC
Grant Deed
related
—
—
—
Pecan Retail I LLC
—
Deed Of Trust
related
$15,998,437 · Everbank
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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