Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1640 Peart Rd Casa Grande, AZ 85122-2564
    Back to Search
    Property profile & analytics

    1640 Peart Rd Casa Grande, AZ 85122-2564

    View on Map
    • Assisted living facilities
    • 98,147 SF
    • 4.24 lot acres
    Off-Market
    Property ID
    US07-2574302
    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.
    Value Estimations
    $6,930,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Caliche Senior Living / Retirement Community
    • AZ PortaPottyRental of Casa Grande / Recycling Center / Waste Management Facility
    • Mayi's Lifetouch Massage / Alternative Medicine Practice / Spa & Massage Center
    • Gutsy Portable Toilets Casa Grande / Building Supply

    Property Details for 1640 Peart Rd

    Year built
    2016
    Construction
    STEEL FRAME
    Lot size
    4.24 lot acres
    Property size
    98,147 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    505-15-003V
    APU
    50515003V

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Casa Grande
    County
    Pinal
    State
    Arizona
    Longitude
    -111.722
    Latitude
    32.8956
    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
    $108,498
    $41,556
    $1,865,804
    $1,907,360
    -
    $277,042
    $12,438,694
    $12,715,736

    Comparable in this City

    • Value Estimation by Request
      1,907 SF

      1292 Cordova Ave

      HOMES (RETIRED, NURSING) • 1,907 SF
      1292 Cordova Ave, Casa Grande, AZ 85122-1141
      View Details
    • Value Estimation
      $1,815,000
      15,066 SF

      1565 Wildflower Dr

      HOMES (RETIRED, NURSING) • 15,066 SF
      1565 Wildflower Dr, Casa Grande, AZ 85122-6059
      View Details
    • Value Estimation by Request
      1,504 SF

      1777 Kadota Ave

      HOMES (RETIRED, NURSING) • 1,504 SF
      1777 Kadota Ave, Casa Grande, AZ 85122-2131
      View Details
    • Value Estimation by Request
      992 SF

      145 Rodeo Rd

      HOMES (RETIRED, NURSING) • 992 SF
      145 Rodeo Rd, Casa Grande, AZ 85122-6201
      View Details
    • Value Estimation by Request
      1,100 SF

      404 Roosevelt Ave

      HOMES (RETIRED, NURSING) • 1,100 SF
      404 Roosevelt Ave, Casa Grande, AZ 85122-4644
      View Details
    • Value Estimation
      $720,000
      7,353 SF

      1675 Monument Plz Cir

      HOMES (RETIRED, NURSING) • 7,353 SF
      1675 Monument Plz Cir, Casa Grande, AZ 85122-5600
      View Details

    Similar Nearby for Sale

    • $195,000
      12,501 SF

      Award-Winning Spa Business Opportunity

      Thriving spa business for sale in Casa Grande, Arizona.
      992 E Cottonwood Ln, Casa Grande, AZ 85122
      View Details
    • $2,100,000
      4,667 SF

      1295 Florence Blvd

      Medical Office Space • 4,667 SF
      1295 Florence Blvd, Casa Grande, AZ 85122
      View Details
    • Contact for pricing
      3,096 SF

      Stand-alone Building For Sale

      Stand-alone building suitable for office, showroom, medical, or daycare use.
      1579 N Trekell Rd, Casa Grande, AZ 85122
      View Details
    • $1,100,000
      2.10 Acres

      Casa Grande Commercial Land Investment

      2.1-Acre Multi-Family Development Site
      1963 Trekell Rd, Casa Grande, AZ 85122
      View Details
    • $59,000

      Rural Land with Utility Access

      1.264 acres of open land with utility access.
      2450 E Selma Hwy, Casa Grande, AZ 85122
      View Details
    • $465,000
      2,075 SF

      Historic Downtown Corner Retail Space

      Corner retail space with development potential in historic downtown.
      300 E 2Nd St, Casa Grande, AZ 85122
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo
      5,000 SF

      Casa Grande Retail Space Available

      Retail space available for rent in Casa Grande, Arizona.
      403 N Florence St, Casa Grande, AZ 85122
      View Details
    • $19 SF/Yr

      Retail Space Near Walmart Supercenter

      Move-in ready retail space in a prime location.
      1659 E Florence Blvd, Casa Grande, AZ 85122
      View Details
    • $14 SF/Yr

      Casa Grande Commercial Land Opportunity

      Prime commercial land in Casa Grande's growing market, ideal for development.
      500 N Pueblo Dr, Casa Grande, AZ 85122
      View Details
    • $16 SF/Yr

      Retail Space in Casa Grande

      Retail space available for lease on Florence Boulevard.
      208-220 E Florence Blvd, Casa Grande, AZ 85122
      View Details
    • Contact for pricing

      Casa Grande Retail/Medical Space

      2,753 SF space ideal for medical or retail use.
      1295 E Florence Blvd, Casa Grande, AZ 85122
      View Details
    • Contact for pricing
      1,128 SF

      Retail Space Near Manufacturing Plants

      Retail space near Lucid and Nikola manufacturing plants.
      1348 E Florence Blvd, Casa Grande, AZ 85122
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1640 Peart Rd
    Casa Grande, AZ 85122-2564
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1640 Peart Rd, Casa Grande, AZ, 85122
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!