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Property profile & analytics
OFF-MARKET
Estimated value
$2,255,000
Medical Office Space
14506 Meeker Blvd Sun City West, AZ 85375-5282
Individually Owned
4-yr Hold
Free & Clear
Property ID
US07-1399803
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Construction
CONCRETE
Total area
5,122 SF
Lot
0.24 ac (10,324 SF)
Zoning code
C-O
APN
503-59-002R
UPID
US07-1399803
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
$2.38M
Blend (final)
Blend
$2.26M
Owner & transaction history
Banner Health · 4 yrs held
Banner Health
since 2022
Last sale
$15,865
7 recorded transactions
Zoning & alternative use
C-O · Sun City West, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.3M
+143.2%
Restaurant
$3.2M
+135.3%
Auto repair, garage
$2.3M
+69.3%
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 Sun City West submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sun City West 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
Alternative Use
Use
Estimation
RETAIL STORES
$3,265,000
Change: +143% · Conversion: Difficult
RESTAURANT
$3,160,000
Change: +135% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,275,000
Change: +69% · Conversion: Difficult
Blend value · Realmo final
$2.26M
Range $2.03M – $2.48M · ±10% · vs last sale $16k (May 13 2022)
Last sale anchor
$16k
May 13 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
$440 / 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
$8,661
Tax year 2022
Assessed value
$172,477
Assessed 2024
Previous assessed
$151,997
+13.5% YoY
Effective rate
5.02%
On assessed value
Land market value
$238,000
Improvement market value
$807,315
Total market value
$1,045,315
Applied tax rate
880,007.0000
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 BUILDING
Status
Off-Market
Year built
1992
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
5,122 SF
Lot
0.24 ac (10,324 SF)
Zoning code
C-O
APN
503-59-002R
UPID
US07-1399803
Jurisdiction
MARICOPA
Zoning & alternative use
C-O · Sun City West, AZ
Zoning C-O · permitted uses
C-O · Sun City West, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sun City West. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$3.3M
RESTAURANT
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
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
1992
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Banner Health
Individual
Free & Clear · 4 yrs held
Mailing address
2901 N CENTRAL AVE STE #160, PHOENIX, AZ 85012-2702
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2022
$15,865
Banner Health
Sun Health Services
Special Warranty Deed
—
Nov 12, 2002
$179,990
Richard R Reithal
Del Webb Home Construction INC
Grant Deed
—
Oct 16, 2000
$416,110
Grace Community Church
Del Webb Home Construction INC
Grant Deed
—
May 15, 2000
—
Maricopa County (az)
Sun Health Corp
Grant Deed
related
—
Dec 9, 1999
—
Grandview Terrace LP
Grandview Terrace
Quit Claim Deed
related
—
Oct 15, 1999
$168,080
Country Life Development INC
Del Webb Home Construction INC
Grant Deed
—
Jun 29, 1999
—
Sun Health Corp
Lazerri,gayla J
Quit Claim Deed
related
—
Jun 15, 1999
$108,900
Dns Woodworks INC
Del Webb Home Construction INC
Grant Deed
—
Oct 20, 1998
—
Asset One Corp
Del Webb Home Construction INC
Grant Deed
related
—
Oct 8, 1998
$775,000
Linac Landscapes LLC
Sun Health Properties
Grant Deed
—
Sep 22, 1997
$62,500
Kenneth J Young
Del Construction INC
Grant Deed
—
Sep 16, 1987
—
Sun Health Prope
—
Deed Of Trust
related
—
—
—
Maricopa County
—
Deed Of Trust
related
—
—
—
Arizona State University
—
Deed Of Trust
related
—
—
—
Mcdonnell Douglas Realty Co
—
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.
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