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Property profile & analytics
OFF-MARKET
Estimated value
$2,130,000
Strip malls
1150 24th St, Yuma, AZ 85364-8368
Individually Owned
Absentee Owner
Free & Clear
Property ID
US07-1566112
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1967
Construction
CONCRETE
Total area
9,408 SF
Lot
1.19 ac (51,619 SF)
Zoning code
33
APN
665-57-038
UPID
US07-1566112
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
-
928 TACOS Restaurant
-
Marina's Tax Solutions & Coronado's Income Tax Service Accounting Firm
-
Allure By Maggy Styling Salon Hair Salon Nail Salon
-
Peaceful Massage of Yuma Alternative Medicine Practice Spa & Massage Center
-
Missy’s Spa Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.72M
Blend (final)
Blend
$2.13M
Owner & transaction history
Yuma Regional Medical Center
Yuma Regional Medical Center
since 2026
6 recorded transactions
Zoning & alternative use
33 · Yuma, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.8M
+170.7%
Office building
$2.1M
+105.3%
Commercial (general)
$1.3M
+23.9%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,800,000
Change: +171% · Conversion: Difficult
OFFICE BUILDING
$2,125,000
Change: +105% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,280,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$2.13M
Range $1.92M – $2.34M · ±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
$226 / 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
$5,490
Tax year 2023
Assessed value
$43,881
Assessed 2023
Previous assessed
$43,020
+2.0% YoY
Effective rate
12.51%
On assessed value
Assessed land
$17,089
Assessed improvement
$26,792
Land market value
$118,673
Improvement market value
$186,056
Total market value
$304,729
Applied tax rate
164.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1967
Construction
CONCRETE
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
9,408 SF
Lot
1.19 ac (51,619 SF)
Zoning code
33
APN
665-57-038
UPID
US07-1566112
Jurisdiction
YUMA
Zoning & alternative use
33 · Yuma, AZ
Zoning 33 · permitted uses
33 · Yuma, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yuma. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1967
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
Yuma Regional Medical Center
Individual
Free & Clear · 0 yrs held
Mailing address
101 E 24TH ST, YUMA, AZ 85364-8544
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Apr 29, 2026
$3,500,000
Yuma Regional Medical Center
Ragheed Shaya
Special Warranty Deed
—
Aug 6, 2018
—
Ragheed Shaya
—
Deed
related
$731,250 · 1st Bk Yuma
Aug 2, 2018
—
Ragheed Shaya
Zoura,dunia
Grant Deed
related
—
Aug 19, 2016
$1,000,000
Ragheed Shaya
Ellis V Browning Family LP-c
Warranty Deed
$731,250 · 1st Bk Yuma
Nov 1, 2006
$20,600
City Of Yuma
Ellis V Browning Family
Warranty Deed
—
—
—
Ragheed Shaya
—
Deed Of Trust
related
$731,250 · 1st Bk Yuma
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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