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Property profile & analytics
OFF-MARKET
Estimated value
$3,310,000
Retail space
1116 Florence Blvd Casa Grande, AZ 85122-4216
Entity Owned
~
Est. High Equity
Property ID
US07-2881868
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1995
Construction
CONCRETE
Total area
50,318 SF
Lot
5.48 ac (238,709 SF)
APN
505-20-015F
UPID
US07-2881868
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
-
Jamie's Electricians Electrical Service General Contractor
-
Joanna Kuhuski, PharmD Pharmacy
-
Thao Huynh, PharmD Pharmacy
-
ATM Atm
-
C-A-L Ranch Stores (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.41M
Blend (final)
Blend
$3.31M
Owner & transaction history
Nnn Reit LP
Nnn Reit LP
since 2025
Last sale
$3.5M
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 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
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
$5,080,000
Current use
Blend value · Realmo final
$3.31M
Range $2.98M – $3.64M · ±10% · vs last sale $3.49M (May 11 2025)
Last sale anchor
$3.49M
May 11 2025
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
$66 / 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
$62,623
Tax year 2023
Assessed value
$570,936
Assessed 2025
Previous assessed
$576,262
-0.9% YoY
Effective rate
10.97%
On assessed value
Assessed land
$153,093
Assessed improvement
$417,843
Land market value
$850,515
Improvement market value
$2,321,351
Total market value
$3,171,866
Applied tax rate
403.0000
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
1995
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
50,318 SF
Lot
5.48 ac (238,709 SF)
APN
505-20-015F
UPID
US07-2881868
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
$5.1M
RETAIL STORES Current
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
1995
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
5.48 ac
Current owner
From public records · entity-resolved
Nnn Reit LP
Entity
Mailing address
PO BOX 1866, IDAHO FALLS, ID 83403-1866
Ownership since
2025
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
Aug 11, 2025
$3,485,940
Nnn Reit LP
Integra Cre LLC
Special Warranty Deed
—
Jun 9, 2023
—
C A L Ranch Stores LLC
—
Deed
related
$135,000,000 · Tcw Asset Management Company LLC
Aug 19, 2019
$3,046,106
Jbb Burley Properties LLC
Store Master Funding X LLC
Special Warranty Deed
—
Apr 6, 2016
$2,996,681
Store Master Funding X, LLC
Jbb Burley Properties LLC
Special Warranty Deed
—
May 30, 2013
$3,300,000
Jbb Burley Properties LLC
Abs Sw Investor LLC
Grant Deed
$2,475,000 · Zions First National Bank
Nov 8, 2007
—
Abs Sw Investors LLC
Abs Sw Investors LLC
Quit Claim Deed
related
—
Sep 12, 2007
—
Abs Sw Investor LLC
—
Deed Of Trust
related
$945,000,000 · Greenwich Capital Fin'l INC
Jul 6, 2006
$4,860,000
Abs Sw Investor LLC
Albertsons LLC
Warranty Deed
$168,927,970 · Greenwich Capital Financial Product
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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