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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Retail space
10908 Apache Trl Apache Junction, AZ 85120-3423
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-3177175
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1982
Construction
CONCRETE
Total area
5,862 SF
Lot
1.21 ac (52,795 SF)
Zoning code
C-3
APN
220-56-007C
UPID
US07-3177175
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
-
Junction Bike Company and Rentals (Bike/Boat/Book/etc) Store
-
Darwin Hopkins Handyman LLC Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$985k
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$985k
Owner & transaction history
Hopkins Land Holdings LLC · 9 yrs held
Hopkins Land Holdings LLC
since 2016
Last sale
$985,000
6 recorded transactions
Zoning & alternative use
C-3 · Apache Junction, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+22.5%
Office building
$1.4M
+15.1%
Commercial (general)
$1.3M
+3.5%
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 Apache Junction submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apache Junction 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
$985,000
ML approach
$985,000
CAP Approach
CAP Return
Estimation
6%
$1,230,000
6.5%
$1,135,000
7%
$1,055,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,220,000
Current use
MEDICAL BUILDING
$1,495,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$1,400,000
Change: +15% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,260,000
Change: +4% · Conversion: Easy
WAREHOUSE, STORAGE
$1,200,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10% · vs last sale $985k (Oct 31 2024)
Last sale anchor
$985k
Oct 31 2024
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
$168 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,819
Tax year 2023
Assessed value
$107,152
Assessed 2024
Previous assessed
$93,381
+14.7% YoY
Effective rate
6.36%
On assessed value
Land market value
$379,600
Improvement market value
$269,805
Total market value
$649,405
Applied tax rate
40,012.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
5,862 SF
Lot
1.21 ac (52,795 SF)
Zoning code
C-3
APN
220-56-007C
UPID
US07-3177175
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Apache Junction, AZ
Zoning C-3 · permitted uses
C-3 · Apache Junction, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Apache Junction. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.2M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1982
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
Hopkins Land Holdings LLC
Entity
Mailing address
PO BOX 2565, APACHE JUNCTION, AZ 85117-4095
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2016
—
Hopkins Land Holdings LLC
Junction Bicycle Sales & Services I
Warranty Deed
$207,978 · Gateway Commercial Bank
Jan 6, 2011
$165,000
Junction Bicycle Sales & Service In
Gregory Sir
Special Warranty Deed
$238,000 · Republicbankaz N A
Aug 31, 2010
$146,593
Sir Mtg & Fin Of Az
Phoenix Settlement Svcs LLC
Trustees Deed
related
—
Aug 20, 2010
$350,000
Flash & The Boys LLC
Horwitz,ronald M
Trustees Deed
—
Jul 31, 1997
—
Norman Andrus
Norman Andrus
Quit Claim Deed
related
—
Jun 17, 1988
—
Andrus Developme
Unknown
Grant Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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