Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Warehouses
15830 Ave B B Somerton, AZ 85350-7663
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-0695956
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
STEEL FRAME
Total area
5,000 SF
Lot
1.15 ac (50,094 SF)
Zoning code
C-1
APN
745-60-006
UPID
US07-0695956
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
$420k
Comparable Approach
Comparable
$584k
Blend (final)
Blend
$520k
Owner & transaction history
Pedro Velasco · 9 yrs held
Pedro Velasco
since 2016
4 recorded transactions
Zoning & alternative use
C-1 · Somerton, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Neighborhood Commercial Zoning District is intended to promote and preserve convenient shopping areas, which contain retail and service establishments to meet the needs of nearby residents and local neighborhoods.
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
26.23 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$755,000
+117.8%
Retail stores
$650,000
+87.0%
Neighborhood: shopping center
$530,000
+52.7%
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 Somerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somerton 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%
$455,000
6.5%
$420,000
7%
$390,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$345,000
Current use
COMMERCIAL (GENERAL)
$755,000
Change: +118% · Conversion: Difficult
RETAIL STORES
$650,000
Change: +87% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$530,000
Change: +53% · Conversion: Moderate
AUTO REPAIR, GARAGE
$500,000
Change: +43% · Conversion: Easy
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
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
$104 / 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
$4,410
Tax year 2023
Assessed value
$40,585
Assessed 2023
Previous assessed
$40,585
+0.0% YoY
Effective rate
10.87%
On assessed value
Assessed land
$5,662
Assessed improvement
$34,923
Land market value
$41,400
Improvement market value
$255,373
Total market value
$296,773
Applied tax rate
1,118.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
5,000 SF
Lot
1.15 ac (50,094 SF)
Zoning code
C-1
APN
745-60-006
UPID
US07-0695956
Jurisdiction
YUMA
Zoning & alternative use
C-1 · Somerton, AZZoning C-1 · permitted uses
C-1 · Somerton, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Neighborhood Commercial Zoning District is intended to promote and preserve convenient shopping areas, which contain retail and service establishments to meet the needs of nearby residents and local neighborhoods.
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
26.23 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$345,000
COMMERCIAL (GENERAL)
Est. value
$755,000
RETAIL STORES
Est. value
$650,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$530,000
AUTO REPAIR, GARAGE
Est. value
$500,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2005
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Pedro Velasco
Individual
Mailing address
3738 S 39TH DR, YUMA, AZ 85365-7958
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2016
$230,000
Pedro Velasco
Ortiz,maria R
Grant Deed
$184,000 · 1st Bk Yuma
Jan 10, 2005
—
Estela Garcia
Valle,jaime & Rosa M
Trustees Deed
related
—
Jan 10, 2005
$112,000
Luis F Ortiz
Garcia,estela
Warranty Deed
related
$62,000 · Estella G Gonzalez
May 3, 2002
$90,000
Nicholas Valenzuela
Garcia,estella
Grant Deed
$50,000 · Estella Garcia
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 15830 Ave B B?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
