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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Gas stations
114 Bonita St Payson, AZ 85541-4874
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-0391763
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,676 SF
Lot
0.49 ac (21,344 SF)
APN
304-03-009D
UPID
US07-0391763
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
-
Bubbles on Bonita car wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$830k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$745k
Owner & transaction history
Crest Drive Holdings LLC · 3 yrs held
Crest Drive Holdings LLC
since 2022
Last sale
$750,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$505,000
+64.2%
Office building
$460,000
+48.8%
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 Payson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Payson 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
$740,000
ML approach
$830,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$505,000
Change: +64% · Conversion: Difficult
OFFICE BUILDING
$460,000
Change: +49% · Conversion: Difficult
Blend value · Realmo final
$745k
Range $671k – $820k · ±10% · vs last sale $750k (Dec 29 2022)
Last sale anchor
$750k
Dec 29 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
$278 / 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
$1,129
Tax year 2023
Assessed value
$26,860
Assessed 2024
Previous assessed
$29,815
-9.9% YoY
Effective rate
4.20%
On assessed value
Assessed land
$10,664
Assessed improvement
$16,196
Land market value
$59,242
Improvement market value
$89,976
Total market value
$149,218
Applied tax rate
1,053.0000
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,676 SF
Lot
0.49 ac (21,344 SF)
APN
304-03-009D
UPID
US07-0391763
Jurisdiction
GILA
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
MEDICAL BUILDING
Est. value
$505,000
OFFICE BUILDING
Est. value
$460,000
MEDICAL BUILDING
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Crest Drive Holdings LLC
Entity
Mailing address
609 15TH ST, MANHATTAN BEACH, CA 90266-4804
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2022
$750,000
Crest Drive Holdings LLC
Bubbles Payson Carwash LLC
Special Warranty Deed
—
Apr 30, 2012
$100,000
Bubbles Payson Carwash LLC
Rieger,michael
Warranty Deed
—
Apr 29, 2011
$70,000
Mike Rieger
Lawyers Title Of Az INC
Trustees Deed
related
—
Aug 24, 2001
$140,000
Michael E Nowaczyk
Carney,charles D
Grant Deed
$69,881 · Charles D
—
—
Michael E Nowaczyk
—
Deed Of Trust
related
$70,000 · Colonial Capital LLC
—
—
Michael E Nowaczyk
—
Deed Of Trust
related
$150,000 · Jd LLC
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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