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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Retail space
1545 Broadway Ave Apache Junction, AZ 85120-7658
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0464749
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
CONCRETE
Total area
6,380 SF
Lot
1.1 ac (47,916 SF)
APN
102-08-0190
UPID
US07-0464749
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
-
The Collective Tech Community Center
-
Phoenician Medical Center Physician
-
Dr. Pappoe Tutankhamen - MD Physician
-
Morton Joyce C Physician
-
Excalibur Charter Schools School District Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$995k
CAP Approach
CAP
$965k
Comparable Approach
Comparable
$711k
Blend (final)
Blend
$975k
Owner & transaction history
Broadway Iron Wood Center LLC · 4 yrs held
Broadway Iron Wood Center LLC
since 2022
Last sale
$975,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+16.0%
Commercial (general)
$1.4M
+3.5%
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 Apache Junction submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apache Junction 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
$1,020,000
ML approach
$995,000
CAP Approach
CAP Return
Estimation
6%
$1,045,000
6.5%
$965,000
7%
$895,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,325,000
Current use
RESTAURANT
$1,540,000
Change: +16% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,370,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $975k (Apr 28 2022)
Last sale anchor
$975k
Apr 28 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
$153 / 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
$13,644
Tax year 2023
Assessed value
$124,197
Assessed 2025
Previous assessed
$124,462
-0.2% YoY
Effective rate
10.99%
On assessed value
Assessed land
$17,250
Assessed improvement
$106,947
Land market value
$95,832
Improvement market value
$594,148
Total market value
$689,980
Applied tax rate
4,308.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
6,380 SF
Lot
1.1 ac (47,916 SF)
APN
102-08-0190
UPID
US07-0464749
Jurisdiction
PINAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES Current
RESTAURANT
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
2004
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Broadway Iron Wood Center LLC
Entity
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
$975,000
Broadway Iron Wood Center LLC
More Broadway Ironwood LLC
Special Warranty Deed
$749,000 · Firstbank
Oct 15, 2010
$475,000
More Broadway Ironwood LLC
Sterling Svgs Bk
Grant Deed
—
Nov 6, 2009
$761,469
Sterling Svgs Bk
Urman Michael R
Trustees Deed
related
—
Apr 4, 2006
—
Broadwayironwood Investors LLC
—
Trustees Deed
related
$1,000,000 · Sterling Savings Bank
Oct 23, 2003
$295,000
Broadwayironwood Investors LLC
Olsen,raymond W & Karen A
Grant Deed
$895,000 · Compass Bank
Apr 25, 2002
$145,000
Raymond W Olsen
Gordon Trust
Grant Deed
$100,000 · Gordon Trust
Nov 17, 2000
$87,500
Gordon Trust
Chiappetta Development INC
Grant Deed
—
Dec 1, 1999
$87,000
Chiapetta Development INC
Circle K Stores INC
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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