Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12630 103Rd Ave Sun City, AZ 85351

    • Office buildings
    • 4,728 SF
    • 1.09 lot acres
    For Lease
    View listing
    Last Sale
    Jan 07, 2021
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-3274058
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mustard Seed Herbary Surprise - Natural Health and Wellness / Physician
    • Chong Thomas DDS / Dental Office
    • Consolidated Motors / Car Dealership
    • Farmers Insurance - William Bonamo / Insurance Agency
    • State Wide Hearing Care Center / Medical Clinic

    Property Details for 12630 103Rd Ave

    Year built
    1965
    Construction
    CONCRETE
    Lot size
    1.09 lot acres
    Property size
    4,728 SF
    Zone code
    C-3
    Property type
    Office buildings
    APN
    200-83-351C
    APU
    20083351C

    Description

    This exceptional two-story, 15,768 square foot creative office building in Sun City, Arizona, presents a unique investment opportunity. Situated on a 1.09-acre lot at 12630 N 103rd Ave, 85351, this professionally designed building boasts a C-3 zoning designation. Constructed in 1965, the property offers multiple tenancy options with five available suites ranging from 304 to 1,108 square feet, catering to diverse business needs. The building features convenient elevator access for easy navigation between the two floors. Its prime location in Sun City provides excellent visibility and accessibility for clients and employees. The property's creative office design offers a modern and inspiring workspace, perfect for businesses seeking a unique and functional environment. This is an ideal opportunity for investors or businesses seeking a well-established property in a thriving Arizona community. The building's size and layout provide flexibility for a variety of tenants, making it a highly desirable investment. Don't miss this chance to acquire a valuable asset in a sought-after location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,403,000
      Market price range: $211k - $1.40M
      AI Estimate
      $1,403,000
      Market price range: $211k - $1.40M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,100,000
      MEDICAL BUILDING
      $1,240,000
      NEIGHBORHOOD: SHOPPING CENTER
      $1,230,000
      WAREHOUSE, STORAGE
      $970,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sun City
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.282
    Latitude
    33.5988
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,939
    $0.00
    $0.00
    $215,424
    -
    $633,300
    $672,300
    $1,305,600

    Comparable in this City

    • Value Estimation by Request
      3,900 SF

      10421 Coggins Dr, Unit 1A

      OFFICE BUILDING • 3,900 SF
      10421 Coggins Dr, Sun City, AZ 85351-3409
      View Details
    • Value Estimation
      $925,000
      3,120 SF

      10861 Sunland Dr, Unit 23

      OFFICE BUILDING • 3,120 SF
      10861 Sunland Dr, Sun City, AZ 85351-5101
      View Details
    • Value Estimation by Request
      3,878 SF

      10820 Oakmont Dr Ste, Unit 1

      OFFICE BUILDING • 3,878 SF
      10820 Oakmont Dr Ste, Sun City, AZ 85351-3371
      View Details
    • Value Estimation
      $1,460,000
      7,781 SF

      10225 Thunderbird Blvd

      OFFICE BUILDING • 7,781 SF
      10225 Thunderbird Blvd, Sun City, AZ 85351-6103
      View Details
    • Value Estimation
      $1,505,000
      5,066 SF

      10233 Peoria Ave

      OFFICE BUILDING • 5,066 SF
      10233 Peoria Ave, Sun City, AZ 85351-4248
      View Details
    • Value Estimation
      $1,745,000
      5,879 SF

      10515 Santa Fe Dr, Unit 16

      OFFICE BUILDING • 5,879 SF
      10515 Santa Fe Dr, Sun City, AZ 85351-3020
      View Details

    Similar Nearby for Sale

    • $1,050,000
      7,781 SF

      Royal Oak Plaza Office Building

      7,781 SF office building in Royal Oak Plaza.
      10225 W Thunderbird Blvd, Sun City, AZ 85351
      View Details
    • Contact for pricing
      15,216 SF

      Medical Office Building For Sale

      15,216 SF medical office building, 100% occupied, Sun City, AZ.
      13650 N 99Th Ave, Sun City, AZ 85351
      View Details
    • $354,000
      1,877 SF

      Remodeled Townhouse on Golf Course

      Remodeled 3 bed, 2 bath townhouse on Sun City golf course.
      10022 W Mountain View Rd, Sun City, AZ 85351
      View Details
    • $235,000
      1,106 SF

      Move-In Ready Condo/Twin Home

      Immaculate condo with recent upgrades and versatile garage.
      9814 W Long Hills Dr, Sun City, AZ 85351
      View Details
    • Contact for pricing
      107,680 SF

      Safeway Anchored Shopping Center Space

      Shop space available in a Safeway anchored shopping center.
      10720 W Bell Rd, Sun City, AZ 85351
      View Details
    • $249,000
      1,877 SF

      Sun City Home with Upgrades

      Upgraded home in a 55+ community with new appliances.
      9814 N Balboa Dr, Sun City, AZ 85351
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,768 SF

      Sun City Creative Office Space

      Prime Sun City office building, 5 suites available.
      12630 103Rd Ave, Sun City, AZ 85351
      View Details
    • $19 SF/Yr
      874 SF

      Sun City Office Space Available

      Office space featuring an open area, offices, and break room.
      10820 W Oakmont Dr, Sun City, AZ 85351
      View Details
    • $1,022 /Mo
      3,964 SF

      Sun City Office Space Available

      Office space for rent near Banner Boswell Medical Center.
      10820 W Oakmont Dr, Sun City, AZ 85351
      View Details
    • $625 /Mo
      15,768 SF

      Sun City Office Suites For Rent

      Office suites available near Loop 101 and US 60.
      12630 N 103Rd Ave, Sun City, AZ 85351
      View Details
    • $10 SF/Yr
      19,582 SF

      Executive Office Suites in Sun City

      Prime Sun City Office Space Available
      10147 Grand Ave, Sun City, AZ 85351
      View Details
    • $13 SF/Yr
      20,037 SF

      Sun City Office Space Available

      Office space for lease in Sun City near Loop 101.
      10147 W Grand Ave, Sun City, AZ 85351
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12630 103Rd Ave
    Sun City, AZ 85351
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.