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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Retail space
111 Florence Blvd Casa Grande, AZ 85122-4003
Individually Owned
4-yr Hold
Free & Clear
Property ID
US07-3325067
Property summary
AI-generated overview
Casa Grande Plaza offers a fantastic retail opportunity in the Casa Grande submarket. This single-story, 4,800 square foot building sits on a 1.5-acre lot (12,000 square feet) and features six suites, with one 700 square foot space currently available. Built in 1973 and renovated in 1985, the property boasts ample parking with 15 spaces and a secure gated entrance. The available suite is ideal for a variety of retail uses, and its current tenant is a tattoo shop. The property is zoned B2 and has a load factor of 1. Utilities are provided by APS. There are no elevators. Property taxes are $5,325 per square foot. The minimum divisible space is 700 square feet, and the maximum contiguous space available is also 700 square feet. The cross street is Florence. The APN is 507-07-111A. This is a great opportunity to establish a presence in a well-located retail center. The asking rent is $12 per square foot, NNN.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1957
Construction
CONCRETE
Total area
4,744 SF
Lot
0.29 ac (12,550 SF)
APN
507-07-111A
UPID
US07-3325067
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
-
Spark Fuel (Bike/Boat/Book/etc) Store
-
Love Your Skin by Kendra Medical Clinic Skin Care Clinic
-
The Dollhouse Salon Suites Hair Salon Nail Salon
-
Gemz Nail salon & spa Nail Salon
-
CDS Grooming Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$413k
Blend (final)
Blend
$530k
Owner & transaction history
Roy Frym · 4 yrs held
Roy Frym
since 2022
Last sale
$525,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$730,000
+52.2%
Office building
$655,000
+36.5%
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 Casa Grande submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Casa Grande 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
$550,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
RETAIL STORES
$480,000
Current use
COMMERCIAL (GENERAL)
$730,000
Change: +52% · Conversion: Easy
OFFICE BUILDING
$655,000
Change: +37% · Conversion: Easy
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $525k (Jun 8 2022)
Last sale anchor
$525k
Jun 8 2022
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
$112 / 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
$5,381
Tax year 2023
Assessed value
$69,219
Assessed 2025
Previous assessed
$68,431
+1.2% YoY
Effective rate
7.77%
On assessed value
Assessed land
$22,590
Assessed improvement
$46,629
Land market value
$125,500
Improvement market value
$259,049
Total market value
$384,549
Applied tax rate
489.0000
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
1957
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
4,744 SF
Lot
0.29 ac (12,550 SF)
APN
507-07-111A
UPID
US07-3325067
Jurisdiction
PINAL
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
$480,000
COMMERCIAL (GENERAL)
Est. value
$730,000
OFFICE BUILDING
Est. value
$655,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1957
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Roy Frym
Individual
Free & Clear · 4 yrs held
Mailing address
2090 N SWEETWATER DR, CASA GRANDE, AZ 85122-6106
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2022
$525,000
Roy Frym
Spirits LP
Special Warranty Deed
—
Mar 22, 2017
—
Spirits LP
Tdd Properties LP
Warranty Deed
related
—
Mar 21, 2016
$200,000
Tdd Properties LP
Ruiz,jaime & Rosa
Grant Deed
$170,000 · Jaime & Rosa Ruiz
Jul 8, 2015
$137,949
Jaime Ruiz
Fidelity National Title|ruiz Jaime & Rosa
Trustees Deed
—
Jun 27, 2012
$147,565
Arizona Home Pros LLC
Az Desert Land Ents LLC
Warranty Deed
$18,000 · Az Desert Land Ents LLC
May 9, 2005
$400,000
Az Desert Land Ents LLC
Owner Name Unavailable
Grant Deed
related
$140,000 · Jaime & Rosa Ruiz
Jun 24, 2004
$290,000
Jamie Ruiz
Lowenthall,larry
Warranty Deed
related
$240,000 · Larry Lowenthall
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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