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Property profile & analytics
OFF-MARKET
Estimated value
$4,075,000
Drug stores
12050 Dove Mtn Blvd, Marana, AZ 85658-4211
Entity Owned
2-yr Hold
Free & Clear
Property ID
US07-1565881
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2008
Construction
FRAME
Total area
14,802 SF
Lot
1.34 ac (58,230 SF)
APN
218-55-5730
UPID
US07-1565881
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Pharmacy Pharmacy
-
Walgreens Pharmacy
-
FedEx OnSite Postal Service Courier Service
-
Justin Clark, PharmD Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.43M
CAP Approach
CAP
$3.01M
Comparable Approach
Comparable
$3.52M
Blend (final)
Blend
$4.08M
Owner & transaction history
Dove Mountain Pharma LLC · 2 yrs held
Dove Mountain Pharma LLC
since 2023
Last sale
$4.0M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.0M
+111.3%
Neighborhood: shopping center
$4.3M
+81.7%
Auto repair, garage
$3.8M
+59.7%
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 Marana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marana 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
$4,415,000
ML approach
$4,430,000
CAP Approach
CAP Return
Estimation
6%
$3,255,000
6.5%
$3,005,000
7%
$2,790,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,035,000
Change: +111% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,325,000
Change: +82% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,805,000
Change: +60% · Conversion: Difficult
MEDICAL BUILDING
$3,315,000
Change: +39% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,985,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$4.08M
Range $3.67M – $4.48M · ±10% · vs last sale $4.00M (Dec 20 2023)
Last sale anchor
$4.00M
Dec 20 2023
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
$275 / 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
$59,033
Tax year 2023
Assessed value
$482,028
Assessed 2024
Previous assessed
$404,114
+19.3% YoY
Effective rate
12.25%
On assessed value
Assessed land
$115,295
Assessed improvement
$366,733
Land market value
$640,530
Improvement market value
$2,037,403
Total market value
$2,677,933
Applied tax rate
612.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2008
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
14,802 SF
Lot
1.34 ac (58,230 SF)
APN
218-55-5730
UPID
US07-1565881
Jurisdiction
PIMA
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
COMMERCIAL (GENERAL)
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.3M
INDUSTRIAL (GENERAL)
Est. value
$3.0M
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
INDUSTRIAL (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
2008
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Dove Mountain Pharma LLC
Entity
Free & Clear · 2 yrs held
Mailing address
7225 N CLEARWATER PKWY, PARADISE VALLEY, AZ 85253-2819
Ownership since
2023
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
Aug 1, 2024
—
Dove Mountain Pharma LLC
—
Deed
related
$2,425,000 · Bank Of America NA
Dec 20, 2023
$4,000,000
Dove Mountain Pharma LLC
Wildwood Mobile Villa INC
Special Warranty Deed
—
Sep 30, 2015
$5,466,600
Wildwood Mobile Villa INC
Dove Mountain Retail II LLC
Special Warranty Deed
$2,409,131 · Fsgbank NA
Oct 30, 2009
—
Rita Land Corp
Trust 7805-t
Grant Deed
related
—
Jun 19, 2009
—
Dove Mountain Retail II LLC
—
Deed Of Trust
related
$1,800,000 · First Fidelity Bank NA
Nov 1, 2005
—
Dove Mountain Retail II LLC
Rita Land Corp
Quit Claim Deed
related
—
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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