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Property profile & analytics
OFF-MARKET
Estimated value
$7,485,000
Grocery and convenience stores
1045 Central St Colorado City, AZ 86021-6148
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-2340296
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2020
Construction
CONCRETE
Total area
43,517 SF
Lot
5.08 ac (221,285 SF)
APN
404-23-017
UPID
US07-2340296
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.49M
Blend (final)
Blend
$7.49M
Owner & transaction history
Bees Marketplace Corp · 6 yrs held
Bees Marketplace Corp
since 2019
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.6M
+101.7%
Apartment house (5+ units)
$7.0M
+48.5%
Auto repair, garage
$7.0M
+47.0%
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 Colorado City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colorado City 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,740,000
Current use
RESTAURANT
$9,560,000
Change: +102% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$7,040,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,965,000
Change: +47% · Conversion: Difficult
MEDICAL BUILDING
$6,240,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$5,065,000
Change: +7% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,035,000
Change: +6% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,710,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$7.49M
Range $6.74M – $8.23M · ±10%
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
$172 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$472
Tax year 2020
Assessed value
$1,586,168
Assessed 2025
Previous assessed
$1,575,355
+0.7% YoY
Effective rate
0.03%
On assessed value
Land market value
$54,957
Improvement market value
$8,757,085
Total market value
$8,812,042
Applied tax rate
1,450.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2020
Construction
CONCRETE
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
43,517 SF
Lot
5.08 ac (221,285 SF)
APN
404-23-017
UPID
US07-2340296
Jurisdiction
MOHAVE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.7M
RESTAURANT
Est. value
$9.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.0M
AUTO REPAIR, GARAGE
Est. value
$7.0M
MEDICAL BUILDING
Est. value
$6.2M
OFFICE BUILDING
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.7M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2020
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
5.08 ac
Current owner
From public records · entity-resolved
Bees Marketplace Corp
Entity
Mailing address
PO BOX 2249, COLORADO CITY, AZ 86021-2249
Ownership since
2019
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
Mar 3, 2023
—
Bees Marketplace Corp
—
Deed
related
$10,875,000 · Altabank
Jan 28, 2021
—
Bees Marketplace Corp
—
Deed
related
$7,500,000 · Abundant Life Foundation
Jul 22, 2019
—
Bees Marketplace Corp
John W Timpson
Grant Deed
$1,000,000 · Cyrus Invs Grp LLC
Aug 26, 2016
$120,000
John W Timpson
Wlm Investments & Holdings
Warranty Deed
—
—
—
Bees Marketplace Corp
—
Loan Modification
related
$7,500,000 · Abundant Life Foundation
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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