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Property profile & analytics
FOR LEASE
Super regional malls
1355 E Florence Blvd Casa Grande, AZ 85122
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-0097786
For Lease
1 / 2
$13,000,000
1355 E Florence Blvd, Casa Grande, AZ 85122
View Listing →
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1989
Construction
CONCRETE
Total area
51,021 SF
Lot
9.38 ac (408,593 SF)
APN
505-30-0710
UPID
US07-0097786
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
-
J & C Beauty Supply and Fashion (Bike/Boat/Book/etc) Store Cosmetic Store
-
I Puff Smoke Shop (Bike/Boat/Book/etc) Store
-
Sun-Kissed Beauty Lounge Hair Salon Nail Salon
-
Grifols - Biomat USA Casa Grande Blood Bank
-
Simply Kids (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.00M
CAP Approach
CAP
$9.91M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.00M
Owner & transaction history
Tvpcg LLC · 2 yrs held
Tvpcg LLC
since 2024
Last sale
$13.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.4M
+288.0%
Commercial (general)
$8.2M
+276.7%
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
$13,000,000
ML approach
$13,000,000
CAP Approach
CAP Return
Estimation
6%
$10,735,000
6.5%
$9,910,000
7%
$9,200,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$8,425,000
Change: +288% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,180,000
Change: +277% · Conversion: Easy
Blend value · Realmo final
$13.00M
Range $11.70M – $14.30M · ±10% · vs last sale $13.00M (Mar 25 2024)
Last sale anchor
$13.00M
Mar 25 2024
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
$255 / 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
$116,958
Tax year 2023
Assessed value
$1,156,014
Assessed 2025
Previous assessed
$1,156,014
+0.0% YoY
Effective rate
10.12%
On assessed value
Assessed land
$147,093
Assessed improvement
$1,008,921
Land market value
$817,186
Improvement market value
$5,605,117
Total market value
$6,422,303
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
For Lease
Year built
1989
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
3
Stories
1
Total area
51,021 SF
Lot
9.38 ac (408,593 SF)
APN
505-30-0710
UPID
US07-0097786
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
$8.4M
COMMERCIAL (GENERAL)
Est. value
$8.2M
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1989
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
3
Lot
9.38 ac
Current owner
From public records · entity-resolved
Tvpcg LLC
Entity
Mailing address
684 W KAIBAB PL, CHANDLER, AZ 85248-5063
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2024
$13,000,000
Tvpcg LLC
Plp Casa Grande LLC
Special Warranty Deed
$9,250,000 · First Citizens Bank & Trust Co
Nov 2, 2022
—
Plp Casa Grande LLC
—
Deed
related
$5,000,000 · Republicbankaz NA
Mar 20, 2007
$9,468,450
Plp Casa Grande LLC
Casa Grande Properties LLC
Grant Deed
—
—
—
Peter Piper INC
—
Deed Of Trust
related
$60,000,000 · Bank Of America
—
—
Plp Casa Grande LLC
—
Deed Of Trust
related
$6,500,000 · Centennial Bank
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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