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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1409 French St Casa Grande, AZ 85122-2360

    • Mobile home & RV parks
    • 544 SF
    • 13.19 lot acres
    OFF-MARKET
    Last Sale
    Aug 06, 2020
    $4,400,000
    Value Estimations
    $4,500,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-1133668
    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

    • Casa Buena Community / Campground & RV Park
    • Grande AC & Heating Repair Inc. / HVAC Service / General Contractor
    • Sonora Desert Painting / Painting Service / General Contractor

    Property Details for 1409 French St

    Year built
    1961
    Construction
    CONCRETE
    Lot size
    13.19 lot acres
    Property size
    544 SF
    Property type
    Mobile home & RV parks
    APN
    504-18-0430
    APU
    504180430

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,070,000
      ML approach
      $4,705,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Casa Grande
    County
    Pinal
    State
    Arizona
    Longitude
    -111.762
    Latitude
    32.8877
    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
    $6,690
    $16,619
    $29,308
    $45,927
    -
    $166,194
    $293,084
    $459,278

    Comparable in this City

    • Value Estimation
      $1,450,000
      2,076 SF

      1837 Thornton Rd

      MOBILE HOME PARK, TRAILER PARK • 2,076 SF
      1837 Thornton Rd, Casa Grande, AZ 85122-7700
      View Details
    • Value Estimation by Request
      400 SF

      1779 Thornton Rd

      CAMPGROUND, RV PARK • 400 SF
      1779 Thornton Rd, Casa Grande, AZ 85122-7822
      View Details
    • Value Estimation by Request
      668 SF

      13990 Holiday St

      MOBILE HOME PARK, TRAILER PARK • 668 SF
      13990 Holiday St, Casa Grande, AZ 85122-8696
      View Details
    • Value Estimation by Request
      1,344 SF

      708 Mcmurray Blvd

      MOBILE HOME PARK, TRAILER PARK • 1,344 SF
      708 Mcmurray Blvd, Casa Grande, AZ 85122-3129
      View Details
    • Value Estimation by Request
      2.50 Acres

      Casa Grande, AZ 85122

      CAMPGROUND, RV PARK • 2.50 Acres
      Casa Grande, AZ 85122
      View Details
    • Value Estimation by Request
      774 SF

      10167 Encore St

      CAMPGROUND, RV PARK • 774 SF
      10167 Encore St, Casa Grande, AZ 85122-9853
      View Details

    Similar Nearby for Sale

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      Casa Grande 55+ Community Home

      Well-maintained 2 bed, 2 bath home in active community.
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    • $235,000

      New Home in 55+ Community

      New three-bedroom home in Casa Grande's 55+ Casa Verde Estates.
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    • $2,100,000
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      Casa Grande Multifamily Investment Opportunity

      Prime 2.6-acre development land, shovel-ready Spring 2025.
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    • $399,000

      Renovated Duplex Near Downtown

      Completely renovated duplex near downtown Casa Grande, move-in ready.
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      Updated Home in 55+ Community

      Updated 3-bedroom, 2-bathroom manufactured home in a vibrant 55+ community.
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    • Contact for pricing
      22.31 Acres

      Casa Grande Residential Land - 22 Acres

      Prime 22-acre residential development site.
      0 Peart Rd, Casa Grande, AZ 85122
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    Similar Nearby for Lease

    • Contact for pricing

      Casa Grande Commercial Land for Lease

      1.44 Acres, Single Tenant Potential
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    • Contact for pricing
      2,295 SF

      Casa Grande Retail Center For Lease

      Prime Retail Space, 2,295 SF Available
      0 Nec Pinal Ave & Mccartney Rd, Casa Grande, AZ 85122
      View Details
    • $2,100 /Mo
      920 SF

      Versatile Space in Casa Grande

      Adaptable space suitable for salon, church, office, or retail.
      241 W Cottonwood Ln, Casa Grande, AZ 85122
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    • $1,100,000
      7,800 SF

      Industrial Building with Fenced Yard

      Industrial building for lease with detached office and fenced yard.
      1413 N V I P Blvd, Casa Grande, AZ 85122
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    • $5 SF/Yr

      Commercial Land Ready For Development

      Commercial land with high visibility and development potential.
      2252 N Pinal Ave, Casa Grande, AZ 85122
      View Details
    • $6,000 /Mo
      5,305 SF

      Casa Grande Office Space Available

      Office space featuring private offices, conference rooms, and ample parking.
      1919 N Trekell Rd, Casa Grande, AZ 85122
      View Details
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    1409 French St
    Casa Grande, AZ 85122-2360
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    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
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