Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1870 E Sabin Dr Casa Grande, AZ 85122

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2.25 acres near hospital and I-10 freeway.

    Lot size:
    2.25 Acres

    Property Features for 1870 E Sabin Dr

    General Information

    Lot size
    2.25 Acres

    We can help!

    Listing Contact
    Matt Kostrivas
    Source: Moodyscre

    Listing Agent: Matt Kostrivas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land Near Medical Center

    This 2.25-acre commercial land is conveniently located near the Casa Grande Regional Medical Center and the VA, approximately one mile from the I-10 Freeway. The property is zoned C-0. Plans have been drawn for two proposed buildings, each with 9,520 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Casa Grande
    County
    Pinal
    State
    Arizona
    Longitude
    -111.7077383
    Latitude
    32.8820045

    Nearby Similar for Lease

    • $16 SF/Yr
      18,894 SF

      Professional Office Space For Rent

      Modern office space with private entrance and prime frontage.
      1821 N Trekell Rd, Casa Grande, AZ 85222
      View Details
    • Contact for pricing
      1,929 SF

      Casa Grande Retail Space Available

      Retail space for lease in Casa Grande, Arizona.
      1269 N Promenade Pkwy, Casa Grande, AZ 85194
      View Details
    • Contact for pricing

      Casa Grande Retail Center Space

      Retail spaces available in a high-visibility, nationally anchored shopping center.
      812 N Mission Pkwy, Casa Grande, AZ 85194
      View Details
    • Contact for pricing

      Casa Grande Retail Space Available

      Retail spaces for lease in Casa Grande, Arizona.
      981 N Promenade Pkwy, Casa Grande, AZ 85194
      View Details
    • Contact for pricing

      Casa Grande Retail Space Available

      Retail spaces for lease in Casa Grande, Arizona.
      1026 N Promenade Pkwy, Casa Grande, AZ 85194
      View Details
    • Contact for pricing
      2,295 SF

      Casa Grande Retail Center For Lease

      Prime Retail Space, 2,295 SF Available
      0 Nec Pinal Ave & Mccartney Rd, Casa Grande, AZ 85122
      View Details
    • $21 SF/Yr
      10,940 SF

      Office Space Near Banner Health

      Office space for lease near Banner Casa Grande Medical Center.
      1876 E Sabin Dr, Casa Grande, AZ 85122
      View Details
    • Contact for pricing
      1,120 SF

      Grocery-Anchored Retail Space Available

      Prominent retail space in Casa Grande near high school.
      2876 N Pinal Ave, Casa Grande, AZ 85122
      View Details
    • Contact for pricing
      265,753 SF

      Casa Grande Industrial Warehouse Space

      314,453 SF industrial space with 32' clear height.
      1174 W Lawrence St, Casa Grande, AZ 85193
      View Details
    • $3,400 /Mo
      4,000 SF

      Industrial Warehouse on Fenced Lot

      4,000 SF industrial building on 5.41-acre fenced lot.
      1210 W Tee St, Casa Grande, AZ 85122
      View Details
    • Contact for pricing
      15,041 SF

      Retail and Warehouse Space Available

      Retail and warehouse spaces for lease near shopping center.
      1325 E Florence Blvd, Casa Grande, AZ 85122
      View Details
    • Contact for pricing
      992 SF

      Retail Space Near Manufacturing Plants

      Retail space near Lucid and Nikola manufacturing plants.
      1314-1350 E Florence Blvd, Casa Grande, AZ 85122
      View Details

    FAQs

    What type of property is this?
    Land - 2.25 acres near hospital and I-10 freeway.
    Where is this land located?
    The property is located at 1870 E Sabin Dr Casa Grande, AZ.
    What are key features of this property?
    This property features: - Plans drawn for two 9,520 SF proposed buildings; - C-0 Zoning; - 2.25 Gross Acres
    (480) 980-1869
    Request Owner's contact information
    1870 E Sabin Dr Casa Grande, AZ 85122
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1870 E Sabin Dr
    Casa Grande, AZ 85122
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1870 E Sabin Dr Casa Grande, AZ 85122
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matt Kostrivas
    (480) 980-1869
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.