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Property profile & analytics
OFF-MARKET
Estimated value
$3,110,000
Auto shops
1520 Watson Rd, Buckeye, AZ 85326-8686
Trust Owned
5-yr Hold
Free & Clear
Property ID
US07-3480662
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2007
Construction
CONCRETE
Total area
4,779 SF
Lot
0.74 ac (32,369 SF)
Zoning code
C-C
APN
504-22-858
UPID
US07-3480662
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
-
Firestone Complete Auto Care (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$3.11M
Owner & transaction history
Choi Family Trust · 5 yrs held
Choi Family Trust
since 2020
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
C-C · Buckeye, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.8M
+80.8%
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 Buckeye submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buckeye 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
$3,075,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,120,000
Current use
COMMERCIAL (GENERAL)
$3,835,000
Change: +81% · Conversion: Moderate
Blend value · Realmo final
$3.11M
Range $2.80M – $3.42M · ±10% · vs last sale $3.13M (Nov 19 2020)
Last sale anchor
$3.13M
Nov 19 2020
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
$651 / 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
$17,570
Tax year 2023
Assessed value
$228,546
Assessed 2024
Previous assessed
$170,119
+34.3% YoY
Effective rate
7.69%
On assessed value
Land market value
$680,800
Improvement market value
$704,326
Total market value
$1,385,126
Applied tax rate
330,200.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Units
3
Total area
4,779 SF
Lot
0.74 ac (32,369 SF)
Zoning code
C-C
APN
504-22-858
UPID
US07-3480662
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Buckeye, AZ
Zoning C-C · permitted uses
C-C · Buckeye, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buckeye. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$3.8M
AUTO REPAIR, GARAGE Current
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
2007
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
0.74 ac
Current owner
From public records · entity-resolved
Choi Family Trust
Trust
Free & Clear · 5 yrs held
Mailing address
315 MELVIN AVE, PALO ALTO, CA 94301
Ownership since
2020
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
Dec 14, 2021
—
Eugene Y C Choi
—
Deed
related
$1,100,000 · Bank Of The West
Nov 19, 2020
$3,125,000
Choi Family Trust
6930 North Greenview LLC
Grant Deed
—
Mar 11, 2016
$2,375,000
6930 North Greenview LLC
Seltzer,gregg M & J P Trust
Grant Deed
—
Mar 11, 2016
—
Seltzer,gregg M & Julie P Trust
Bandit Ents LLC
Grant Deed
related
—
Mar 4, 2014
$2,011,000
Gregg Michael Seltzer & Julie Paris
Bandit Enterprises LLC
Special Warranty Deed
$975,000 · 1st Enterprise Bank
Feb 27, 2007
$1,782,302
Bandit Ents LLC
Fletchers Tire & Auto Svc INC
Grant Deed
$1,300,000 · Hometown Commercial Capital
Jun 15, 2005
$575,000
Fletchers Tire & Auto Svc INC
Watson & Yuma Properties LLC
Grant Deed
—
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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