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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Office buildings
12601 Cave Crk Rd Phoenix, AZ 85022-6515
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-3407077
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
CONCRETE
Total area
2,804 SF
Lot
0.88 ac (38,158 SF)
Zoning code
C-2
APN
166-12-021
UPID
US07-3407077
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
-
Recovery In Motion Medical Clinic
-
Pnewg Association Or Organization
-
the Accountants Desk Accounting Firm Tax Preparation
-
Jannic Home Care Home Health Care Service
-
Cave Creek Plaza Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.48M
Owner & transaction history
Luna Group LLC · 5 yrs held
Luna Group LLC
since 2020
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+132.1%
Auto repair, garage
$1.2M
+40.8%
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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,955,000
Change: +132% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,185,000
Change: +41% · Conversion: Difficult
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±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
$526 / 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
$10,935
Tax year 2023
Assessed value
$235,455
Assessed 2024
Previous assessed
$220,541
+6.8% YoY
Effective rate
4.64%
On assessed value
Land market value
$414,400
Improvement market value
$1,012,600
Total market value
$1,427,000
Applied tax rate
691,300.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
2,804 SF
Lot
0.88 ac (38,158 SF)
Zoning code
C-2
APN
166-12-021
UPID
US07-3407077
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
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
1973
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
0.88 ac
Current owner
From public records · entity-resolved
Luna Group LLC
Entity
Mailing address
12391 N 86TH ST, SCOTTSDALE, AZ 85260-5341
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2021
—
Luna Group LLC
—
Deed
related
$580,000 · Firstbank
Nov 24, 2020
—
Luna Group LLC
Rosestone Properties LLC
Warranty Deed
—
Jun 15, 2006
$1,030,000
Rosestone Properties LLC
Szczepankiewicz,peter
Grant Deed
$725,000 · Active Financial Group LLC
Jun 15, 2006
—
Peter Szczepankiewicz
Szczepankiewicz,peter & Yolanta
Quit Claim Deed
related
—
Sep 29, 2004
—
Peter Szczepankiewicz
Sczcepankiewicz,krystyna
Quit Claim Deed
related
—
Nov 9, 2001
$635,000
Peter Szcepankiewicz
Markman,melvin & Barbara
Grant Deed
$440,000 · Equitable Life Casualty Ins
Jul 12, 1999
$225,000
Melvin Markman
Raye,lori
Grant Deed
$225,000 · Seller
Jul 16, 1992
—
Golden West Venture
Busch
Trustees Deed
related
—
Apr 3, 1992
$285,000
Jami Rucker
Rucker
Grant Deed
related
$140,000 · Seller
—
—
Susan R Fitch
—
Deed Of Trust
related
$90,000 · Individual
—
—
Rosestone Properties LLC
—
Deed Of Trust
related
$721,000 · Impac Com'l Cap
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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