New search
Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Medical Office Space
Avondale, AZ 85392
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US07-1993285
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Construction
CONCRETE
Total area
4,672 SF
Lot
0.03 ac (1,187 SF)
Zoning code
C-0
APN
102-32-106
UPID
US07-1993285
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
$584k
Blend (final)
Blend
$565k
Owner & transaction history
Mcqueen Medical Properties · 21 yrs held
Mcqueen Medical Properties
since 2004
7 recorded transactions
Zoning & alternative use
C-0 · Avondale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Avondale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avondale 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
$565k
Range $509k – $622k · ±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
$121 / 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
$3,882
Tax year 2023
Assessed value
$46,563
Assessed 2024
Previous assessed
$38,539
+20.8% YoY
Effective rate
8.34%
On assessed value
Land market value
$56,400
Improvement market value
$225,800
Total market value
$282,200
Applied tax rate
920,100.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
4,672 SF
Lot
0.03 ac (1,187 SF)
Zoning code
C-0
APN
102-32-106
UPID
US07-1993285
Jurisdiction
MARICOPA
Zoning & alternative use
C-0 · Avondale, AZ
Zoning C-0 · permitted uses
C-0 · Avondale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Avondale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Mcqueen Medical Properties
Entity
Mailing address
522 BENCHMARK DR, MOUNTAIN VILLAGE, CO 81435-9406
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2019
—
Mcqueen Medical Properties LLC
—
Deed
related
$357,942 · Western State Bank
Mar 4, 2019
—
Mcqueen Medical Properties LLC
—
Deed
related
$575,000 · Western St Bk
Dec 20, 2016
—
Mcqueen Medical Properties LLC
—
Deed
related
$1,000,000 · Western St Bk
Aug 17, 2004
$820,000
Mcqueen Medical Properties
Greenfield LLC
Grant Deed
related
—
Aug 16, 2004
—
Mcqueen Medical Properties LLC
Greenfield LLC
Grant Deed
related
$880,000 · Valley Commerce Bank
—
—
Mcqueen Medical Properties LLC
—
Loan Modification
related
$575,000 · Western St Bk
—
—
Mcqueen Medical Properties LLC
—
Deed Of Trust
related
$500,000 · National Bk/az
—
—
Mcqueen Medical Properties LLC
—
Deed Of Trust
related
$600,000 · National Bk/az
—
—
Mcqueen Medical Properties LLC
—
Deed Of Trust
related
$1,000,000 · Western St Bk
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?”
Own this property?
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.
