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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
121 Main St Somerton, AZ 85350-6331
Entity Owned
19-yr Hold
Free & Clear
Property ID
US07-1856494
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1986
Construction
FRAME
Total area
3,002 SF
Lot
0.73 ac (31,768 SF)
Zoning code
C-1
APN
752-07-131
UPID
US07-1856494
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
-
Circle K Grocery & Convenience Store
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Flor's Custom Printing Custom T-Shirt Store
-
Amazon Locker - Diameter Postal Service Courier Service
-
Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Circle K Stores INC · 19 yrs held
Circle K Stores INC
since 2006
1 recorded transaction
Zoning & alternative use
C-1 · Somerton, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Neighborhood Commercial Zoning District is intended to promote and preserve convenient shopping areas, which contain retail and service establishments to meet the needs of nearby residents and local neighborhoods.
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
26.23 ac
Source
Realmo
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 Somerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somerton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,495
Tax year 2023
Assessed value
$21,446
Assessed 2023
Previous assessed
$21,025
+2.0% YoY
Effective rate
11.63%
On assessed value
Assessed land
$4,394
Assessed improvement
$17,052
Land market value
$34,945
Improvement market value
$135,612
Total market value
$170,557
Applied tax rate
1,140.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
3,002 SF
Lot
0.73 ac (31,768 SF)
Zoning code
C-1
APN
752-07-131
UPID
US07-1856494
Jurisdiction
YUMA
Zoning & alternative use
C-1 · Somerton, AZZoning C-1 · permitted uses
C-1 · Somerton, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Neighborhood Commercial Zoning District is intended to promote and preserve convenient shopping areas, which contain retail and service establishments to meet the needs of nearby residents and local neighborhoods.
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
26.23 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1986
Construction
FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Circle K Stores INC
Entity
Free & Clear · 19 yrs held
Mailing address
PO BOX 52085, PHOENIX, AZ 85072-2085
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2006
$773,013
Circle K Stores INC
Convenience Stores Prop Corp
Grant Deed
—
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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