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    Property profile & analytics

    15844 Caribbean Ln Surprise, AZ 85379-6240

    • Assisted living facilities
    • 1,988 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $490,000
    Last Sale
    Mar 10, 2022
    $499,000
    Location Intelligence
    Property ID
    US07-2666620
    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

    • Assisted living facilities

    Property Details for 15844 Caribbean Ln

    Year built
    2000
    Construction
    FRAME
    Lot size
    0.16 lot acres
    Property size
    1,988 SF
    Zone code
    RL-5
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    501-92-013
    APU
    50192013

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $495,000

    • CAP approach

      CAP return
      Estimation
      6%
      $540,000
      6.5%
      $520,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $520,000
      Geo Method
      $505,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $430,000
      Retail
      $415,000
      Mixed-Use
      $520,000
      Hospitality
      $395,000
      Educational
      $460,000
      Residential Income
      $415,000
      Energy
      $445,000
      Income-Based Land
      $415,000
      Food Service
      $495,000

    Location Insight

    • Map
    • Local Demand
    City
    Surprise
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.402
    Latitude
    33.6238
    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
    $1,496
    $0.00
    $0.00
    $36,680
    -
    $73,300
    $293,500
    $366,800

    Comparable in this City

    • Value Estimation
      $220,000
      2,136 SF

      14228 Desert Hls Dr

      HOMES (RETIRED, NURSING) • 2,136 SF
      14228 Desert Hls Dr, Surprise, AZ 85379-4900
      View Details
    • Value Estimation
      $520,000
      2,583 SF

      13522 154th Ln

      HOMES (RETIRED, NURSING) • 2,583 SF
      13522 154th Ln, Surprise, AZ 85379-9160
      View Details
    • Value Estimation
      $440,000
      2,243 SF

      13365 Banff Ln, Unit 7

      HOMES (RETIRED, NURSING) • 2,243 SF
      13365 Banff Ln, Surprise, AZ 85379-6572
      View Details
    • Value Estimation
      $335,000
      2,592 SF

      14384 Maui Ln, Unit 2

      HOMES (RETIRED, NURSING) • 2,592 SF
      14384 Maui Ln, Surprise, AZ 85379-8529
      View Details
    • Value Estimation
      $420,000
      2,802 SF

      14245 Poinsettia Dr

      HOMES (RETIRED, NURSING) • 2,802 SF
      14245 Poinsettia Dr, Surprise, AZ 85379-4910
      View Details
    • Value Estimation
      $370,000
      2,300 SF

      14449 Boca Raton Rd, Unit 1

      HOMES (RETIRED, NURSING) • 2,300 SF
      14449 Boca Raton Rd, Surprise, AZ 85379-5716
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    Similar Nearby for Lease

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      Flex space available for lease in Surprise, Arizona.
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      Retail space available in Surprise, Arizona with high traffic.
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      Retail Development Land for Lease

      16-acre retail development with multiple options near Loop 303.
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      Retail space available near AMC Movie Theatres and Uptown Alley.
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      2 SF

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      Retail pads available near the 303 Freeway.
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    • Contact for pricing
      64,469 SF

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      View Details
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    Surprise, AZ 85379-6240
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    Realmo Value Estimation

    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.

    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.

    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
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