Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    14624 R H Johnson Blvd, Unit 41 Sun City West, AZ 85375-1807

    • Office buildings
    • 11,368 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimations
    $3,375,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-2094150
    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

    • Office buildings

    Property Details for 14624 R H Johnson Blvd

    Year built
    1995
    Construction
    CONCRETE
    Lot size
    0.97 lot acres
    Property size
    11,368 SF
    Zone code
    C-2
    Property type
    Office buildings
    APN
    503-63-009N
    APU
    50363009N

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,374,000
      Market price range: $507k - $3.37M
      AI Estimate
      $3,374,000
      Market price range: $507k - $3.37M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $5,050,000
      MEDICAL BUILDING
      $2,980,000
      NEIGHBORHOOD: SHOPPING CENTER
      $2,955,000
      INDUSTRIAL (GENERAL)
      $2,610,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Sun City West
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.372
    Latitude
    33.6713
    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
    $0.00
    $0.00
    $0.00
    $358,449
    -
    $1,554,300
    $835,362
    $2,389,662

    Comparable in this City

    • Value Estimation
      $550,000
      7,229 SF

      Sun City West, AZ 85375

      OFFICE BUILDING • 7,229 SF
      Sun City West, AZ 85375
      View Details
    • Value Estimation
      $775,000
      8,283 SF

      13613 Camino Del Sol 2nd Ste, Unit 2

      OFFICE BUILDING • 8,283 SF
      13613 Camino Del Sol 2nd Ste, Sun City West, AZ 85375-4480
      View Details
    • Value Estimation
      $5,000,000
      5,538 SF

      13843 Meeker Blvd

      OFFICE BUILDING • 5,538 SF
      13843 Meeker Blvd, Sun City West, AZ 85375-5285
      View Details
    • Value Estimation
      $1,880,000
      8,062 SF

      19082 R H Johnson Blvd

      OFFICE BUILDING • 8,062 SF
      19082 R H Johnson Blvd, Sun City West, AZ 85375-4482
      View Details
    • Value Estimation
      $5,285,000
      38,480 SF

      13950 Meeker Blvd

      OFFICE BUILDING • 38,480 SF
      13950 Meeker Blvd, Sun City West, AZ 85375-4423
      View Details
    • Value Estimation
      $1,235,000
      4,153 SF

      13901 Meeker Blvd

      OFFICE BUILDING • 4,153 SF
      13901 Meeker Blvd, Sun City West, AZ 85375-4475
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      38,765 SF

      Office Building in Sun City

      38,765 SF office building with administrative build-out.
      13950 W Meeker Blvd, Sun City West, AZ 85375
      View Details
    • Contact for pricing
      34,560 SF

      Sun City West Retail Center

      Thriving retail space, ideal for medical.
      0 Swc R H Johnson & Camino Del Sol, Sun City West, AZ 85375
      View Details
    • $355,000
      1,824 SF

      Meticulously Maintained Home on Corner Lot

      Pristine home in active adult community with updated features.
      13055 W Tangelo Dr, Sun City West, AZ 85375
      View Details
    • $348,999

      Sun City West Home

      Move-in ready home with golf course views in Sun City.
      12810 W Ashwood Dr W, Sun City West, AZ 85375
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      4,786 SF

      Medical Office Space Available

      Medical office space for lease near Banner Del Webb.
      13909 W Camino Del Sol, Sun City West, AZ 85375
      View Details
    • $30 SF/Yr
      62,744 SF

      Webb Medical Plaza A: Sun City West Office Space

      Medical Office Suites, Sun City West, AZ
      14420 Meeker Blvd, Sun City West, AZ 85375
      View Details
    • $27 SF/Yr
      39,671 SF

      Sun City West Medical Office Space

      Prime Medical Office Suites Available Now
      14506 Granite Valley Dr, Sun City West, AZ 85375
      View Details
    • $24 SF/Yr
      34,155 SF

      14300 Granite Valley Dr

      Medical offices • 34,155 SF
      14300 Granite Valley Dr, Sun City West, AZ 85375
      View Details
    • $15 SF/Yr
      700 SF

      Medical Complex in Sun City

      Multi-tenant medical complex in the heart of Sun City West.
      13925 W Meeker Blvd, Sun City West, AZ 85375
      View Details
    • $21 SF/Yr
      3,008 SF

      Medical Office Near Banner Hospital

      Medical office space available near Banner Del E. Webb Medical Center.
      13949 W Meeker Blvd, Sun City West, AZ 85375
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14624 R H Johnson Blvd, Unit 41
    Sun City West, AZ 85375-1807
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.