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Property profile & analytics
OFF-MARKET
Estimated value
$4,495,000
Grocery and convenience stores
125 Main St Somerton, AZ 85350
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-2298528
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2016
Construction
CONCRETE BLOCKS
Total area
27,565 SF
Lot
2.09 ac (91,040 SF)
Zoning code
89
APN
752-06-200
UPID
US07-2298528
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
-
La Michoacana Plus Somerton,AZ Grocery & Convenience Store Specialty Food Shop
-
Western Union Bank Credit Union
-
Del Sol Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.30M
Comparable Approach
Comparable
$5.95M
Blend (final)
Blend
$4.50M
Owner & transaction history
Concord Holdings LLC · 9 yrs held
Concord Holdings LLC
since 2016
1 recorded transaction
Zoning & alternative use
89 · Somerton, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.5M
+108.1%
Office building
$7.3M
+105.0%
Commercial (general)
$4.2M
+16.5%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,660,000
6.5%
$4,300,000
7%
$3,995,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,580,000
Current use
MEDICAL BUILDING
$7,450,000
Change: +108% · Conversion: Difficult
OFFICE BUILDING
$7,340,000
Change: +105% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,170,000
Change: +16% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,925,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$4.50M
Range $4.05M – $4.94M · ±10%
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
$163 / 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
$63,381
Tax year 2023
Assessed value
$544,796
Assessed 2023
Previous assessed
$534,114
+2.0% YoY
Effective rate
11.63%
On assessed value
Assessed land
$15,007
Assessed improvement
$529,789
Land market value
$98,230
Improvement market value
$3,467,801
Total market value
$3,566,031
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2016
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
AC.PACKAGE
Buildings
2
Total area
27,565 SF
Lot
2.09 ac (91,040 SF)
Zoning code
89
APN
752-06-200
UPID
US07-2298528
Jurisdiction
YUMA
Zoning & alternative use
89 · Somerton, AZ
Zoning 89 · permitted uses
89 · Somerton, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Somerton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$7.5M
OFFICE BUILDING
Est. value
$7.3M
COMMERCIAL (GENERAL)
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2016
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Buildings
2
Lot
2.09 ac
Current owner
From public records · entity-resolved
Concord Holdings LLC
Entity
Mailing address
PO BOX 2076, YUMA, AZ 85366-2395
Ownership since
2016
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
Jul 26, 2016
—
Concord Holdings LLC
Concord Holdings LLC
Quit Claim Deed
related
$2,030,000 · 1st Bk Yuma
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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