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Property profile & analytics
OFF-MARKET
Estimated value
$3,800,000
Grocery and convenience stores
1240 8th St Yuma, AZ 85364-2819
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1156820
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1987
Construction
CONCRETE
Total area
44,392 SF
Lot
2.71 ac (117,960 SF)
Zoning code
B-2
APN
632-64-133
UPID
US07-1156820
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
-
Coinstar Bank Credit Union
-
ClearTalk Wireless Mobile Phone Store Electronics & Wireless Store
-
Food City Grocery & Convenience Store Food Market
-
Wells Fargo ATM Atm
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.28M
Blend (final)
Blend
$3.80M
Owner & transaction history
Raleys Arizona LLC · 4 yrs held
Raleys Arizona LLC
since 2021
Last sale
$3.9M
5 recorded transactions
Zoning & alternative use
B-2 · Yuma, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.0M
+20.2%
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 Yuma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yuma 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
$3,660,000
ML approach
$3,710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$5,030,000
Current use
COMMERCIAL (GENERAL)
$6,045,000
Change: +20% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,880,000
Change: -3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,415,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$3.80M
Range $3.42M – $4.18M · ±10% · vs last sale $3.92M (Dec 15 2021)
Last sale anchor
$3.92M
Dec 15 2021
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
$86 / 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
$33,570
Tax year 2023
Assessed value
$268,341
Assessed 2023
Previous assessed
$263,080
+2.0% YoY
Effective rate
12.51%
On assessed value
Assessed land
$12,165
Assessed improvement
$256,176
Land market value
$141,528
Improvement market value
$2,980,324
Total market value
$3,121,852
Applied tax rate
164.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
44,392 SF
Lot
2.71 ac (117,960 SF)
Zoning code
B-2
APN
632-64-133
UPID
US07-1156820
Jurisdiction
YUMA
Zoning & alternative use
B-2 · Yuma, AZ
Zoning B-2 · permitted uses
B-2 · Yuma, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yuma. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.0M
COMMERCIAL (GENERAL)
Est. value
$6.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
AUTO REPAIR, GARAGE
Est. value
$4.4M
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1987
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.71 ac
Current owner
From public records · entity-resolved
Raleys Arizona LLC
Entity
Mailing address
500 W CAPITOL AVE #1700, WEST SACRAMENTO, CA 95605-2624
Ownership since
2021
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
Dec 15, 2021
$3,920,000
Raleys Arizona LLC
Gb Investments INC
Special Warranty Deed
—
Oct 3, 2017
—
Gb Investments INC
Bashas INC
Grant Deed
—
Dec 29, 2011
—
Bashas INC
—
Deed Of Trust
related
$100,000,000 · Ga Cap LLC
Jan 9, 1997
—
Bashas INC
Megafoods Real Estate INC
Grant Deed
related
—
—
—
Bashas INC
—
Loan Modification
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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