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Property profile & analytics
OFF-MARKET
Estimated value
$200,000
Drug stores
11279 Glenwood Ave Yuma, AZ 85367-5885
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-0767193
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1982
Construction
STEEL FRAME
Total area
2,432 SF
Lot
0.46 ac (19,870 SF)
Zoning code
C-2
APN
701-37-084
UPID
US07-0767193
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
-
Mallappa Neelappa Physician
-
Desert Healthcare Services Llc Home Health Care Service
-
PrimeCare Urgent Care Yuma Foothills Medical Clinic
-
Richeal Linda Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$200k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$200k
Owner & transaction history
John Osborne · 20 yrs held
John Osborne
since 2006
6 recorded transactions
Zoning & alternative use
C-2 · Yuma, AZ
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 Yuma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yuma 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
$200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$200k
Range $180k – $220k · ±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
$82 / 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
$3,506
Tax year 2023
Assessed value
$34,428
Assessed 2024
Previous assessed
$34,428
+0.0% YoY
Effective rate
10.18%
On assessed value
Assessed land
$7,699
Assessed improvement
$26,729
Land market value
$61,597
Improvement market value
$213,865
Total market value
$275,462
Applied tax rate
130.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
2,432 SF
Lot
0.46 ac (19,870 SF)
Zoning code
C-2
APN
701-37-084
UPID
US07-0767193
Jurisdiction
YUMA
Zoning & alternative use
C-2 · Yuma, AZZoning C-2 · permitted uses
C-2 · Yuma, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 154: Zoning
Building & site characteristics
From public records
Year built
1982
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
John Osborne
Individual
Mailing address
2204 W 12TH ST, YUMA, AZ 85364-3403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
Oct 31, 2017
—
Mallappa Neelappa
—
Deed
related
$359,250 · The Foothills Bank
Aug 1, 2006
$750,000
John Osborne
Reinert,william F JR & Cheryl L
Warranty Deed
$600,000 · Mohave State Bank
Apr 15, 2002
$460,000
William G Reinert
Hardknocks LP
Grant Deed
$368,000 · Foothills Bank
Dec 10, 1996
—
Hardknock LP
Spencer,l S & Karen K
Grant Deed
related
—
—
—
William F Reinert
—
Deed Of Trust
related
$50,000 · Foothills Bank
—
—
William F Reinert JR.
—
Deed Of Trust
related
$492,000 · Foothills Bank
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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