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Property profile & analytics
FOR SALE
Commercial land
12873 W Grand Ave Surprise, AZ 85374
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-0441153
No photos on file
For Sale
$780,000
12873 W Grand Ave, Surprise, AZ 85374
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1964
Construction
CONCRETE
Total area
3,852 SF
Lot
0.43 ac (18,750 SF)
Zoning code
C-C
APN
501-19-045
UPID
US07-0441153
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$927k
Blend (final)
Blend
$815k
Owner & transaction history
Sunkist Devs LLC · 14 yrs held
Sunkist Devs LLC
since 2012
7 recorded transactions
Zoning & alternative use
C-C · Surprise, AZ
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 Surprise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Surprise 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
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$212 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$830
Tax year 2022
Assessed value
$15,690
Assessed 2024
Previous assessed
$11,400
+37.6% YoY
Effective rate
5.29%
On assessed value
Land market value
$104,600
Total market value
$104,600
Applied tax rate
891,500.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1964
Construction
CONCRETE
Heating
SPACE
Cooling
EVAPORATIVE
Stories
1
Total area
3,852 SF
Lot
0.43 ac (18,750 SF)
Zoning code
C-C
APN
501-19-045
UPID
US07-0441153
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Surprise, AZZoning C-C · permitted uses
C-C · Surprise, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
municipal code
Building & site characteristics
From public records
Year built
1964
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Sunkist Devs LLC
Entity
Free & Clear · 14 yrs held
Mailing address
603 SEAGAZE DR #607, OCEANSIDE, CA 92054-3005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2012
—
Sunkist Devs LLC
Iwcc Psp
Quit Claim Deed
related
—
Jun 26, 2003
$80,800
Indian Wells Cancer Center Psp
Sohn,soonam D
Grant Deed
—
May 24, 2002
$115,000
William L Shieilds
Walker Trust
Grant Deed
$103,000 · Walker Trust
Jun 22, 1993
—
Lutz Trust
Lutz
Quit Claim Deed
related
—
Dec 31, 1992
—
Raymond,& Marcine Walker Trust
Walker
Quit Claim Deed
related
—
Jul 29, 1988
—
Raymond W Walker
—
Deed Of Trust
related
—
Jun 24, 1988
—
Lawrence W Lutz
—
Deed Of Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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