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Property profile & analytics
OFF-MARKET
Estimated value
$2,100,000
Medical Office Space
Peoria, AZ 85381
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-2127422
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Construction
STEEL FRAME
Total area
7,513 SF
Lot
0.01 ac (419 SF)
Zoning code
PUD
APN
230-09-436
UPID
US07-2127422
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
$2.10M
CAP Approach
CAP
$1.58M
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$2.10M
Owner & transaction history
Gupta Property Ventures INC · 2 yrs held
Gupta Property Ventures INC
since 2024
Last sale
$2.1M
5 recorded transactions
Zoning & alternative use
PUD · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.1M
+44.1%
Neighborhood: shopping center
$2.9M
+33.4%
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
$2,100,000
ML approach
$2,100,000
CAP Approach
CAP Return
Estimation
6%
$1,715,000
6.5%
$1,580,000
7%
$1,470,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,145,000
Current use
AUTO REPAIR, GARAGE
$3,095,000
Change: +44% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,865,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±10% · vs last sale $2.10M (Apr 26 2024)
Last sale anchor
$2.10M
Apr 26 2024
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
$280 / 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
$1,100
Tax year 2023
Assessed value
$18,695
Assessed 2024
Previous assessed
$18,695
+0.0% YoY
Effective rate
5.88%
On assessed value
Land market value
$22,600
Improvement market value
$90,700
Total market value
$113,300
Applied tax rate
111,208.0000
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
2006
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
7,513 SF
Lot
0.01 ac (419 SF)
Zoning code
PUD
APN
230-09-436
UPID
US07-2127422
Jurisdiction
MARICOPA
Zoning & alternative use
PUD · Peoria, AZ
Zoning PUD · permitted uses
PUD · 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
MEDICAL BUILDING Current
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
Gupta Property Ventures INC
Entity
Mailing address
19220 N 93RD WAY, SCOTTSDALE, AZ 85255-5528
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2024
$2,100,000
Gupta Property Ventures INC
Gps Isarus LLC
Special Warranty Deed
$1,785,000 · First Citizens Bank & Trust Co
Apr 24, 2023
$805,000
Gps Isarus LLC
Theriac Enterprises Of Peoria LLC
Special Warranty Deed
—
Apr 5, 2010
—
Theriac Ents Of Peoria LLC
—
Deed Of Trust
related
$88,500,000 · Nationwide Health Props INC
Dec 22, 2006
—
Theriac Ents Of Peoria LLC
Owner Name Unavailable
Grant Deed
related
$2,695,400 · Colonial Bank
—
—
Theriac Ents Of Peoria LLC
—
Deed Of Trust
related
$254,100 · Colonial Bank
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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