Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Medical Office Space
121 2nd St Casa Grande, AZ 85122-4406
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-1335627
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1986
Construction
CONCRETE
Total area
4,964 SF
Lot
0.2 ac (8,700 SF)
APN
507-07-0840
UPID
US07-1335627
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
-
Genoa / Qol Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Horizon Health And Wellness INC · 1 yrs held
Horizon Health And Wellness INC
since 2025
Last sale
$540,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$820,000
+127.6%
Commercial (general)
$795,000
+121.0%
Warehouse, storage
$455,000
+26.3%
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 Casa Grande submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Casa Grande 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
$530,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$360,000
Current use
AUTO REPAIR, GARAGE
$820,000
Change: +128% · Conversion: Difficult
COMMERCIAL (GENERAL)
$795,000
Change: +121% · Conversion: Easy
WAREHOUSE, STORAGE
$455,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$420,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$380,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $540k (Feb 24 2025)
Last sale anchor
$540k
Feb 24 2025
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
$108 / 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
Assessed value
$60,989
Assessed 2025
Previous assessed
$60,357
+1.0% YoY
Assessed land
$6,525
Assessed improvement
$54,464
Land market value
$43,500
Improvement market value
$363,092
Total market value
$406,592
Applied tax rate
489.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
4,964 SF
Lot
0.2 ac (8,700 SF)
APN
507-07-0840
UPID
US07-1335627
Jurisdiction
PINAL
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 Current
Est. value
$360,000
AUTO REPAIR, GARAGE
Est. value
$820,000
COMMERCIAL (GENERAL)
Est. value
$795,000
WAREHOUSE, STORAGE
Est. value
$455,000
RETAIL STORES
Est. value
$420,000
OFFICE BUILDING
Est. value
$380,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RETAIL STORES
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
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Horizon Health And Wellness INC
Entity
Free & Clear · 1 yrs held
Mailing address
210 E COTTONWOOD LN, CASA GRANDE, AZ 85122-2514
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2025
—
Horizon Health And Wellness INC
Horizon Health And Wellness INC
Deed
related
—
Jun 16, 2022
—
Horizon Health & Wellness INC
—
Deed
related
$500,000 · First International Bank & Trust
Apr 14, 2017
—
Horizon Health & Wellness INC
Horizon Human Services INC
Quit Claim Deed
related
—
Dec 31, 2014
$540,000
Horizon Human Services INC
Great Western Bank
Special Warranty Deed
$405,000 · Wells Fargo Bank NA
—
—
Wayne A Garvin
—
Deed Of Trust
related
$50,008 · Caliber 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 121 2nd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
