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Property profile & analytics
OFF-MARKET Estimated value $4,695,000
Drug stores

12244 Cactus Rd El Mirage, AZ 85335-2399

14,418 SF 1.73 ac lot Built 2001
Entity Owned 22-yr Hold Free & Clear
Property ID
US07-3369075
Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2001
Construction CONCRETE
Total area 14,418 SF
Lot 1.73 ac (75,389 SF)
Zoning code UC
APN 501-36-272A
UPID US07-3369075
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
  • FedEx OnSite Postal Service Courier Service
  • Walgreens Pharmacy
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • COVID-19 Drive-Thru Testing at Walgreens Pharmacy
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.75M
Blend (final) Blend
$4.70M
Owner & transaction history
Asi El Mirage LLC · 22 yrs held
Asi El Mirage LLC
since 2003
2 recorded transactions
2003
$4.3M
2001
$750,000
Zoning & alternative use
UC · El Mirage, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Urban Corridor (UC) Zone. The UC zone provides retail goods and services to satisfy the household and personal needs of the residents of nearby residential neighborhoods, those traveling on adjacent arterial corridors, and to allow for higher intensity general business and service activities. Development in the UC zone should be located and designed to allow…

Zone name Urban Corridor
General category COMMERCIAL
Zone area 271.91 ac
Source CHAPTER 154: ZONING CODE
Top alternative use upside
Auto repair, garage $6.4M +32.0%
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