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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    650 Us Highway 60 Superior, AZ 85173

    • Retail properties
    • 2,555 SF
    • 0.88 lot acres
    For Sale
    View listing
    $980,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 650 Us Highway 60

    Lot size
    0.88 lot acres
    Property size
    2,555 SF
    Property type
    Retail properties
    Property subtype
    Land

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Superior
    County
    Pinal
    State
    Arizona
    Longitude
    -111.102
    Latitude
    33.2887

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      550 Us 60

      Land • 1.00 Acre
      550 Us 60, Superior, AZ 85173
      View Details
    • Value Estimation
      $255,000
      0.36 Acres

      1113 Us Hwy 60

      PARKING GARAGE, PARKING STRUCTURE • 0.36 Acres
      1113 Us Hwy 60, Superior, AZ 85173-3429
      View Details
    • Value Estimation
      $310,000
      968 SF

      599 Us Hwy 60

      DRIVE-THRU RESTAURANT, FAST FOOD • 968 SF
      599 Us Hwy 60, Superior, AZ 85173-4009
      View Details
    • Value Estimation
      $270,000
      1,324 SF

      20 Magma Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,324 SF
      20 Magma Ave, Superior, AZ 85173
      View Details
    • Value Estimation
      $365,000
      8,000 SF

      580 Us Hwy 60

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      580 Us Hwy 60, Superior, AZ 85173-4010
      View Details
    • Value Estimation
      $55,000
      3,188 SF

      50 Pinal Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,188 SF
      50 Pinal Ave, Superior, AZ 85173-2408
      View Details

    Similar Nearby for Sale

    • $980,000
      0.88 Acres

      650 West Us Highway

      Retail properties • 2,555 SF
      650 Us Highway 60, Superior, AZ 85173
      View Details
    • $475,000

      Superior Restaurant - Turnkey Opportunity

      Established Pizzeria, High Visibility, Owner/User
      701 Belmont Ave, Superior, AZ 85173
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    • Contact for pricing
      11 SF

      Land Available in Superior, Arizona

      Land for sale in Superior, Arizona.
      Sec Us-60 & Mesquite Rd, Superior, AZ 85173
      View Details
    • $475,000
      2,300 SF

      Restaurant on US 60 Available

      Turnkey restaurant opportunity with high visibility on US 60.
      701 S Belmont Ave, Superior, AZ 85173
      View Details
    • $8,640,000
      109.30 Acres

      Operational Quarry with Patented Claims

      Large aggregate and rock quarry with strategic delivery location.
      60 -- Hwy, Superior, AZ 85173
      View Details
    • $2,300,000
      0.23 Acres

      Superior's The Barmacy: Prime Location

      Historic Bar & Restaurant, High-Traffic Area
      101 Main St, Superior, AZ 85173
      View Details
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    650 Us Highway 60
    Superior, AZ 85173
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    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
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