Entity Owned Property summary
AI-generated overview
This exceptional 6,250-square-foot medical office building presents a unique investment opportunity in the desirable Sun City submarket of Maricopa County. Situated on a 9.2-acre lot at the northeast corner of 99th Avenue and Greenway Road, this single-story building offers two available suites, with a minimum divisible space of 2,100 square feet and a maximum contiguous space of 6,250 square feet. Built in 1972, the property boasts ample parking with 43 spaces, including electric car charging stations for four vehicles. The building's C-2 zoning allows for a variety of medical uses. The entire 6,250 square feet is currently vacant, providing a blank canvas for a new tenant or the opportunity to lease the space in two separate suites. The property includes dedicated X-ray space, a significant advantage for medical practices. This prime location offers excellent visibility and accessibility, making it an ideal setting for a thriving medical practice. A special introductory rate of $22.00 per square foot, NNN, is available for the first year. Don't miss this chance to secure a well-located, versatile medical office building in a growing area.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1972
Construction
CONCRETE
Total area
2,080 SF
Lot
0.92 ac (40,075 SF)
Zoning code
C-2
APN
200-60-003F
UPID
US07-0306030
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Eye Care Center Ophthalmologist
-
Physician
-
Physician
-
Alternative Medicine Practice Physician
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$965k
Blend (final)
Blend
$640k
Owner & transaction history
since 2022
3 recorded transactions
Zoning & alternative use
C-2 · Sun City, AZ
Top alternative use upside
Retail stores
$1.3M
+143.2%
Auto repair, garage
$925,000
+69.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$640k
Value range
$576k – $704k
±10% around blend
Estimated value / SF
$308 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$576k
blend $640k
$704k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,080 SF
Lot area
0.92 ac
Year built
1972
Stories
1
APN
200-60-003F
Zoning
C-2
Assessed value
$356,065
Annual tax
$13,376
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$965k
Range $373k – $965k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$640k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 52 sales
$262
+17%
County 682 sales
$255
+21%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $308/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+143%
vs current-use indication
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$356k
Move the market yield to see immediate price impact.
Value / SF
$171
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$22k
$449k
$320k
$249k
$25k
$499k
$356k
$277k
$27k
$548k
$392k
$305k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,376
Tax year 2023
Assessed value
$356,065
Assessed 2024
Previous assessed
$266,832
+33.4% YoY
Effective rate
3.76%
On assessed value
Land market value
$958,900
Improvement market value
$1,199,069
Total market value
$2,157,969
Applied tax rate
150,005.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1972
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
2,080 SF
Lot
0.92 ac (40,075 SF)
Zoning code
C-2
APN
200-60-003F
UPID
US07-0306030
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Sun City, AZZoning C-2 · permitted uses
C-2 · Sun City, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.92 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C-2
Jurisdiction
Sun City, AZ
Recorded code
C-2
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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