Back to Search
Property profile & analytics
FOR SALE
Auto shops
1020 S California Ave Parker, AZ 85344
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-0842244
For Sale
1 / 89
$1,399,900
1020 S California Ave, Parker, AZ 85344
View Listing →
Property summary
AI-generated overview
This exceptional 7,100 square foot commercial property, situated on a 0.35-acre lot in downtown Parker, AZ, presents a remarkable investment opportunity. Ideally located directly off Highway 95, this high-traffic area boasts exceptional visibility and accessibility. The property features five individual garages, each measuring 12x9x50 feet, providing ample space for various uses. In addition to the garage space, there's an extra 2,000 square feet of enclosed, open storage area, plus extensive additional parking. Previously utilized as a successful mechanic/repair shop, this versatile compound is well-suited for a range of businesses, including power sports repair, auto mechanics, body restoration, tire sales, retail, or even a restaurant or bar. The building is equipped with a comprehensive security system, including cameras, and benefits from 3-phase electric service with 200-amp breakers. Climate-controlled garages, an air compressor system, and a lift system are included in the sale. The property's zoning (C2 commercial) allows for diverse operational possibilities. The seller may offer financing. The existing business is not included in the sale
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1986
Total area
4,000 SF
Lot
0.34 ac (14,810 SF)
APN
311-23-015C
UPID
US07-0842244
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
Current use
Occupant on record · Public records
-
MNR Racing LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mccormick Ents LLC · 5 yrs held
Mccormick Ents LLC
since 2021
Last sale
$375,000
7 recorded transactions
Zoning & alternative use
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 Parker submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parker 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,064
Tax year 2024
Assessed value
$200,095
Assessed 2024
Previous assessed
$200,095
+0.0% YoY
Effective rate
1.53%
On assessed value
Total market value
$214,029
Applied tax rate
2,760.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1986
Heating
NONE
Buildings
2
Stories
1
Total area
4,000 SF
Lot
0.34 ac (14,810 SF)
APN
311-23-015C
UPID
US07-0842244
Jurisdiction
LA PAZ
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
1
Buildings
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Mccormick Ents LLC
Entity
Mailing address
1020 S CALIFORNIA AVE, PARKER, AZ 85344-5036
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2021
$375,000
Mccormick Ents LLC
Long R S & E C Trust
Warranty Deed
$325,000 · Long R S & E C Trust (pt)
Jun 1, 2016
$275,000
Longo,robert S & Elyse C Trust
Glenn Lyons Construction INC
Warranty Deed
—
Oct 28, 2013
$200,000
Glenn Lyons Construction INC
Mcgee,nikki D
Warranty Deed
$150,000 · Nikki D Mcgee
Oct 16, 2013
$200,000
Glenn Lyons Construction INC
Mcgee,nikki D
Warranty Deed
$150,000 · Nikki D Mcgee
Oct 11, 2010
—
Nikki D Mcgee
Mcgee Gene P
Quit Claim Deed
—
Jan 6, 2005
—
Gene P Mcgee
Mcgee,janie E
Quit Claim Deed
related
$40,000 · Juanita F Phelps
—
—
Gene P Mcgee
—
Deed Of Trust
related
$75,000 · Berry Robert L Trust (pt)
—
—
Nikki D Mcgee
—
Deed Of Trust
related
$75,000 · Lorraine Morris
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?”
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.
