Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1070 Lone Cactus Dr Phoenix, AZ 85024-5651
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1070 Lone Cactus Dr Phoenix, AZ 85024-5651

    View on Map
    • Warehouses
    • 12,813 SF
    • 0.92 lot acres
    Off-Market
    Property ID
    US07-2380720
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $5,455,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Arizona Mobility / Car Dealership

    Property Details for 1070 Lone Cactus Dr

    Year built
    2014
    Construction
    CONCRETE
    Lot size
    0.92 lot acres
    Property size
    12,813 SF
    Zone code
    A-1
    Property type
    Warehouses
    APN
    213-08-162
    APU
    21308162

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,532,000
      Market price range: $1.73M - $5.61M
      AI Estimate
      $5,377,000
      Market price range: $1.63M - $5.49M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $3,325,000
      Current use
      COMMERCIAL (GENERAL)
      $8,925,000
      Change: +168% Conversion: Difficult
      RESTAURANT
      $6,840,000
      Change: +106% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $5,415,000
      Change: +63% Conversion: Easy
      OFFICE BUILDING
      $3,845,000
      Change: +16% Conversion: Difficult
      RETAIL STORES
      $3,820,000
      Change: +15% Conversion: Moderate
      MEDICAL BUILDING
      $3,400,000
      Change: +2% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.059
    Latitude
    33.6815
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,382
    $0.00
    $0.00
    $463,007
    -
    $373,300
    $2,432,800
    $2,806,100

    Comparable in this City

    • Value Estimation by Request
      0.90 Acres

      Phoenix, AZ 85024

      WAREHOUSE, STORAGE • 0.90 Acres
      Phoenix, AZ 85024
      View Details
    • Value Estimation
      $1,525,000
      3,520 SF

      21825 16th St

      WAREHOUSE, STORAGE • 3,520 SF
      21825 16th St, Phoenix, AZ 85024-5607
      View Details
    • Value Estimation by Request
      1,722 SF

      2255 Quail Ave

      WAREHOUSE, STORAGE • 1,722 SF
      2255 Quail Ave, Phoenix, AZ 85024-5520
      View Details
    • Value Estimation
      $1,985,000
      15,022 SF

      1720 Robin Ln, Unit 110

      WAREHOUSE, STORAGE • 15,022 SF
      1720 Robin Ln, Phoenix, AZ 85024-5633
      View Details
    • Value Estimation
      $2,210,000
      15,022 SF

      1720 Robin Ln, Unit 120

      WAREHOUSE, STORAGE • 15,022 SF
      1720 Robin Ln, Phoenix, AZ 85024-5633
      View Details
    • Value Estimation
      $5,125,000
      12,867 SF

      715 Covey Ln

      WAREHOUSE, STORAGE • 12,867 SF
      715 Covey Ln, Phoenix, AZ 85024-5667
      View Details

    Similar Nearby for Sale

    • $3,250,000
      7,850 SF

      Industrial Space with Office Component

      Industrial space with offices, multiple yards, and freeway access.
      21825 N 16Th St, Phoenix, AZ 85024
      View Details
    • Contact for pricing
      7,850 SF

      Industrial Space with Office

      Industrial space with office, multiple yards, and easy access.
      21825 N 16Th St, Phoenix, AZ 85024
      View Details
    • $6,475,000

      Mixed-Use Investment Opportunity Near Costco

      Stabilized mixed-use property with office, retail, and freeway access.
      20330-20350 E Beardsley Rd, Phoenix, AZ 85024
      View Details
    • Contact for pricing
      17.50 Acres

      19825 7Th St

      Medical Office Space • 97,372 SF
      19825 7Th St, Phoenix, AZ 85024
      View Details
    • Contact for pricing
      97,372 SF

      Phoenix Office Building For Sale

      Office building with 97,372 square feet of space.
      19825 N 7Th St, Phoenix, AZ 85024
      View Details
    • $499,500

      Phoenix Office Property Near Freeway

      Single-story office suite with convenient freeway access for sale.
      21035 N Cave Creek Rd, Phoenix, AZ 85024
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      62,400 SF

      Phoenix Warehouse Space Available

      62,400 SF warehouse space for lease in Phoenix.
      21500 N 8Th Way, Phoenix, AZ 85024
      View Details
    • Contact for pricing

      AZ, Phoenix - N 7th St

      Discover many ways to work your way in AZ, Phoenix - N 7th St
      19820 7Th St, Phoenix, AZ 85024
      View Details
    • Contact for pricing
      13,079 SF

      Industrial Property Available For Rent

      Industrial property with 13,079 square feet available for rent.
      325 East Pinnacle Peak Rd, Phoenix, AZ 85024
      View Details
    • Contact for pricing

      Phoenix Industrial Suites For Lease

      Industrial suites available for lease in Phoenix, Arizona.
      21602 North Central Ave, Phoenix, AZ 85024
      View Details
    • $1.50 SF/Yr
      16,480 SF

      Phoenix Industrial Suites For Lease

      Industrial suites available for lease in Phoenix, Arizona.
      21616 N Central Ave, Phoenix, AZ 85024
      View Details
    • $1.50 SF/Yr

      Phoenix Industrial Suites For Lease

      Industrial suites available for lease in Phoenix, Arizona.
      21602 N Central Ave, Phoenix, AZ 85024
      View Details
    Request Owner's contact information
    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.
    1070 Lone Cactus Dr
    Phoenix, AZ 85024-5651
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!