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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Retail space
1166 Naco Hwy Bisbee, AZ 85603-9717
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-3385376
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
9,074 SF
Lot
1.12 ac (48,787 SF)
APN
102-23-004E
UPID
US07-3385376
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$900k
Comparable Approach
Comparable
$929k
Blend (final)
Blend
$950k
Owner & transaction history
Retail Property Invs LLC · 15 yrs held
Retail Property Invs LLC
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+32.3%
Office building
$1.2M
+9.9%
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 Bisbee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bisbee 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%
$975,000
6.5%
$900,000
7%
$835,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,085,000
Current use
RESTAURANT
$1,435,000
Change: +32% · Conversion: Easy
OFFICE BUILDING
$1,190,000
Change: +10% · Conversion: Easy
MEDICAL BUILDING
$990,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±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
$105 / 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
$12,608
Tax year 2023
Assessed value
$84,566
Assessed 2024
Previous assessed
$84,566
+0.0% YoY
Effective rate
14.91%
On assessed value
Assessed land
$5,133
Assessed improvement
$79,433
Land market value
$34,222
Improvement market value
$529,551
Total market value
$563,773
Applied tax rate
250.0000
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
2007
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
9,074 SF
Lot
1.12 ac (48,787 SF)
APN
102-23-004E
UPID
US07-3385376
Jurisdiction
COCHISE
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
$1.1M
RESTAURANT
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$990,000
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
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
2007
Heating
OTHER
Cooling
Yes
Stories
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Retail Property Invs LLC
Entity
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2011
$855,000
Retail Property Invs LLC
Double R Dev LLC
Grant Deed
—
Feb 4, 2011
—
Dg Retail LLC
Retail Property Invs LLC
Quit Claim Deed
related
—
Jun 13, 2007
$150,000
Rocking R Dev LLC
Sipe,brett L & Karin V
Warranty Deed
related
—
Sep 3, 2004
$83,000
James A Olander
Sipe,brett L & Karin V
Grant Deed
related
$48,000 · Virgil L & Virginia A Siria
—
—
Rocking R Dev LLC
—
Deed Of Trust
related
$366,951 · Union Bank & Trust
—
—
Rocking R Dev LLC
—
Deed Of Trust
related
$482,940 · Union Bank & Trust
—
—
Brett L Sipe
—
Deed Of Trust
related
$96,750 · Wmc Mortgage Corp
—
—
Brett L Sipe
—
Deed Of Trust
related
$78,100 · Aegis Lending Corp
—
—
Rocking R Dev LLC
—
Deed Of Trust
related
$783,243 · Union Bank & Trust
—
—
Brett L Sipe
—
Deed Of Trust
related
$108,900 · Countrywide Home Loans INC
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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