New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,275,000
Strip malls
11200 Michigan Ave, Youngtown, AZ 85363-1032
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US07-0071051
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Construction
CONCRETE
Total area
5,388 SF
Lot
0.45 ac (19,634 SF)
Zoning code
C-2
APN
200-85-239
UPID
US07-0071051
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
-
Curaleaf Dispensary Youngtown (Bike/Boat/Book/etc) Store
-
Trew Balance Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.28M
Owner & transaction history
11200 W Michigan Ave LLC · 10 yrs held
11200 W Michigan Ave LLC
since 2016
7 recorded transactions
Zoning & alternative use
C-2 · Youngtown, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.8M
+6.5%
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 Youngtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Youngtown 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
NEIGHBORHOOD: SHOPPING CENTER
$1,700,000
Current use
RETAIL STORES
$1,815,000
Change: +7% · Conversion: Easy
MEDICAL BUILDING
$1,370,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.28M
Range $1.15M – $1.40M · ±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
$237 / 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
$6,521
Tax year 2023
Assessed value
$144,603
Assessed 2024
Previous assessed
$107,916
+34.0% YoY
Effective rate
4.51%
On assessed value
Land market value
$256,400
Improvement market value
$619,980
Total market value
$876,380
Applied tax rate
291,903.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1978
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
5,388 SF
Lot
0.45 ac (19,634 SF)
Zoning code
C-2
APN
200-85-239
UPID
US07-0071051
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Youngtown, AZ
Zoning C-2 · permitted uses
C-2 · Youngtown, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Youngtown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.7M
RETAIL STORES
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
MEDICAL 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
1978
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
11200 W Michigan Ave LLC
Entity
Mailing address
10575 N 114TH ST STE #115, SCOTTSDALE, AZ 85259-4908
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2016
$484,680
11200 W Michigan Ave LLC
Kotula,diane
Grant Deed
$234,680 · Diane Kotula
Sep 30, 2005
$475,000
Diane Kotula
Rosa,ronald M
Warranty Deed
$275,000 · Zions First National Bank
Jul 20, 2001
$361,500
Ronald M Rosa
Arlington Investment Co
Grant Deed
$315,000 · Arlington Investment Co
Oct 27, 2000
$292,500
Arlington Investment Co
Tufts,robert
Grant Deed
$242,500 · Seller
Jul 14, 1995
$287,500
Robert J Tufts
Dale & Janet Duncan
Grant Deed
$60,000 · Seller
Jun 16, 1994
$278,924
Dale Duncan
Khalil Investmen
Trustees Deed
—
Jun 15, 1989
$308,000
Khalil Investmen
—
Deed Of Trust
related
$265,000 · Seller
—
—
Robert J Tufts
—
Deed Of Trust
related
$40,000 · Founders Bank Of Arizona
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11200 Michigan Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
