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9830 S 51St St, Phoenix, AZ 85044
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Property summary
AI-generated overview
Westmount Tech Center offers exceptional industrial space for lease in the desirable Chandler Industrial submarket of Maricopa County. This multi-tenant property, built in 1985, boasts a total of 22,194 square feet, with multiple suites currently available. Individual spaces range from a minimum of 3,870 square feet to a maximum contiguous space of 4,072 square feet, with a total of 7,942 square feet currently vacant. The property features impressive 12' to 15' clear ceiling heights, making it ideal for various manufacturing, warehouse, and distribution needs. In addition to its functional design, the property benefits from abundant parking, a significant advantage for employees and clients. Its strategic location at the intersection of 51st Street and Elliot Road, with immediate access to I-10, ensures excellent accessibility and convenient transportation links. The property is zoned IP by the City of Phoenix, providing flexibility for a range of industrial uses. Typical suites range from approximately 1,500 to 3,906 square feet, offering a variety of options to suit diverse business requirements. This prime location in Ahwatukee offers a compelling opportunity for businesses seeking efficient and well-located industrial space.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1985
Construction
CONCRETE
Total area
21,895 SF
Lot
5.68 ac (247,421 SF)
Zoning code
IND.PK.
APN
301-41-520
UPID
US07-3410080
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Vocational School Training Center
-
Insurance Agency
-
Vocational School Training Center
-
Food Broker
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.67M
Blend (final)
Blend
$8.65M
Owner & transaction history
since 2020
6 recorded transactions
Zoning & alternative use
IND.PK. · Phoenix, AZ
Top alternative use upside
Restaurant
$11.7M
+142.7%
Auto repair, garage
$9.3M
+92.1%
Retail stores
$6.5M
+35.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 13 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$8.65M
Value range
$7.79M – $9.52M
±10% around blend
Estimated value / SF
$395 / SF
Confidence
High
13 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
Income certainty
100
$7.79M
blend $8.65M
$9.52M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
21,895 SF
Lot area
5.68 ac
Year built
1985
Stories
1
APN
301-41-520
Zoning
IND.PK.
Assessed value
$1,376,117
Annual tax
$65,503
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$65,503
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$6.52M
Weighted, 13 comps · high confidence
Evidence
13 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.9 mi away · 15,433 SF
3.5 mi away · 21,000 SF
3.8 mi away · 23,920 SF
3.9 mi away · 20,000 SF
4.0 mi away · 18,227 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$8.65M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 486 sales
$220
+80%
County 1188 sales
$230
+72%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $395/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+143%
vs current-use indication
Auto Repair, Garage
Retail Stores
Medical Building
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 13 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$348k
Move the market yield to see immediate price impact.
Value / SF
$16
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$22k
$438k
$313k
$243k
$24k
$487k
$348k
$270k
$27k
$536k
$383k
$298k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
13 found
High confidence · county-verified
Closest comparable
$6.00M
1.4 mi · May 2026 · $223/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$65,503
Tax year 2023
Assessed value
$1,376,117
Assessed 2024
Previous assessed
$1,020,391
+34.9% YoY
Effective rate
4.76%
On assessed value
Land market value
$3,944,100
Improvement market value
$4,396,000
Total market value
$8,340,100
Applied tax rate
281,300.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
1985
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
21,895 SF
Lot
5.68 ac (247,421 SF)
Zoning code
IND.PK.
APN
301-41-520
UPID
US07-3410080
Jurisdiction
MARICOPA
Zoning & alternative use
IND.PK. · Phoenix, AZZoning IND.PK. · permitted uses
IND.PK. · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
5.68 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
IND.PK.
Jurisdiction
Phoenix, AZ
Recorded code
IND.PK.
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IND.PK. in Phoenix, AZ.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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