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Property profile & analytics
OFF-MARKET
Estimated value
$2,770,000
Medical Office Space
1281 Cottonwood Ln, Casa Grande, AZ 85122-2949
Entity Owned
4-yr Hold
Free & Clear
Property ID
US07-0056569
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2003
Total area
13,414 SF
Lot
2.01 ac (87,556 SF)
APN
505-16-0210
UPID
US07-0056569
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
-
Alliance Surgery of Arizona Physician
-
Pima Heart and Vascular Medical Clinic Hospital
-
Casa Grande Surgery Specialists Medical Clinic Hospital
-
Latif Shahid MD Physician
-
Jordan Vandenberg Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.85M
CAP Approach
CAP
$2.36M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.77M
Owner & transaction history
Pisga One LLC · 4 yrs held
Pisga One LLC
since 2022
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.2M
+127.6%
Commercial (general)
$2.2M
+121.0%
Restaurant
$1.9M
+93.7%
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 Casa Grande submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Casa Grande 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
$2,825,000
ML approach
$2,850,000
CAP Approach
CAP Return
Estimation
6%
$2,560,000
6.5%
$2,360,000
7%
$2,195,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,215,000
Change: +128% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,150,000
Change: +121% · Conversion: Easy
RESTAURANT
$1,885,000
Change: +94% · Conversion: Difficult
Blend value · Realmo final
$2.77M
Range $2.49M – $3.05M · ±10% · vs last sale $2.70M (Mar 2 2022)
Last sale anchor
$2.70M
Mar 2 2022
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
$207 / 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
$41,140
Tax year 2023
Assessed value
$700,308
Assessed 2025
Previous assessed
$730,189
-4.1% YoY
Effective rate
5.87%
On assessed value
Assessed land
$32,833
Assessed improvement
$667,475
Land market value
$218,889
Improvement market value
$4,449,836
Total market value
$4,668,725
Applied tax rate
403.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2003
Heating
HEAT PUMP
Stories
1
Total area
13,414 SF
Lot
2.01 ac (87,556 SF)
APN
505-16-0210
UPID
US07-0056569
Jurisdiction
PINAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.2M
RESTAURANT
Est. value
$1.9M
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
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
2003
Heating
HEAT PUMP
Stories
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Pisga One LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1500 COLONIAL BLVD STE #200, FORT MYERS, FL 33907-1025
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
—
Pisga One LLC
—
Deed
related
$2,025,000 · Busey Bank
Mar 2, 2022
$2,700,000
Pisga One LLC
Theriac Enterprises Of Casa Grande
Warranty Deed
—
Apr 5, 2010
—
Theriac Ents Of Casa Grande LLC
—
Deed Of Trust
related
$88,500,000 · Nationwide Health Props INC
Mar 12, 2007
$5,965,000
Theriac Ents Of Casa Grande LLC
Desert Oasis Holdings LLC
Grant Deed
—
Sep 7, 2001
$162,530
Shellie Dixon
Beazer Homes Arizona INC
Grant Deed
$130,000 · America's Wholesale Lender
Jul 18, 2001
$116,760
Richard S Demarest
Beazer Homes Arizona INC
Grant Deed
$58,750 · Beazer Mortgage Corp
Jul 18, 2001
$146,180
Jerry R Whitmer
Beazer Homes Arizona INC
Grant Deed
$143,673 · Beazer Mortgage Corp
Jul 10, 2001
$107,670
Eugene De La Cerda
Beazer Homes Arizona INC
Grant Deed
$106,712 · Beazer Mortgage Corp
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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