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Financial
Distress signals
Property profile

48228 Us Hwy 60 Morristown, AZ 85342

OFF-MARKET
Retail space
Property ID
US07-1116135
2,565 SF 2 ac lot Built 1951
Last sale Dec 1991 · $40,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value · 2024$38k
Effective rate5.65%

Value estimate

· Oct 2026
$360k
$324k – $396k

Realmo valuation models over county records and 37 qualifying comparable sales.

Recently sold

What actually traded nearby?
$336/SF
County average, outlier-cleaned · 968 recorded sales of this use type
Observed band · Q1–Q3$135 – $626
Qualifying comparables37

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The purpose of C-2 zone is to provide for the sale of commodities, the performance of services, and other activities in locations for whi...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.0
Plumbing Service8.5
Building Supply8.1

Location

48228 Us Hwy 60 Morristown, AZ 85342-9656
County assessor Recorded deeds · 2 transfers 37 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 5 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
47447 Us Hwy 60, Morristown, AZ 85342 $487,500 May 2025 2,226 SF
24275 Grand, Morristown, AZ 85342-9618 $1,925,000 May 2022 2,938 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
5 properties of the same type nearby
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