Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    169 Ironwood Dr Apache Junction, AZ 85120-5015
    Back to Search
    Property profile & analytics

    169 Ironwood Dr, Apache Junction, AZ 85120-5015

    View on Map
    • Office buildings
    • 960 SF
    • 0.24 lot acres
    Off-Market
    Property ID
    US07-2833249
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • San Tan Valley Landscaping Design / Landscaping / (Bike/Boat/Book/etc) Store

    Property Details for 169 Ironwood Dr

    Year built
    1976
    Construction
    CONCRETE
    Lot size
    0.24 lot acres
    Property type
    Office buildings
    APN
    101-16-0080
    APU
    101160080

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 13, 2004 $150,000 Steven D Shiflett INC Raindance INC Warranty Deed $113k · Raindance INC

    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
    Apache Junction
    County
    Pinal
    State
    Arizona
    Longitude
    -111.563
    Latitude
    33.4139
    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
    $925
    $3,726
    $8,574
    $12,300
    -
    $20,700
    $47,636
    $68,336

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      115 Apache Trl

      OFFICE BUILDING
      115 Apache Trl, Apache Junction, AZ 85120-3927
      View Details
    • Value Estimation by Request
      1,200 SF

      275 Plz Dr

      OFFICE BUILDING
      275 Plz Dr, Apache Junction, AZ 85120-5503
      View Details
    • Value Estimation by Request
      2,821 SF

      264 Phelps Dr

      OFFICE BUILDING
      264 Phelps Dr, Apache Junction, AZ 85120-6715
      View Details
    • Value Estimation
      $530,000
      2,096 SF

      740 San Marcos Dr

      OFFICE BUILDING
      740 San Marcos Dr, Apache Junction, AZ 85120-5518
      View Details
    • Value Estimation
      $860,000
      4,020 SF

      105 Delaware Dr

      OFFICE BUILDING
      105 Delaware Dr, Apache Junction, AZ 85120-6511
      View Details
    • Value Estimation
      $695,000
      1,720 SF

      Apache Junction, AZ 85120

      OFFICE BUILDING
      Apache Junction, AZ 85120
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      865 SF

      Commercial Property in Apache Junction

      Commercial property featuring an admin building on an oversized lot.
      2244 W Apache Trl, Apache Junction, AZ 85120
      View Details
    • Contact for pricing
      704 SF

      Contractor-Ready Commercial Property For Sale

      Commercial property with office and large lot in growing area.
      710 N Ironwood Dr, Apache Junction, AZ 85120
      View Details
    • Contact for pricing
      1,400 SF

      Contractor Storage Yard with Office

      2.07 AC contractor yard with 1,400 SF office building.
      1151 W Apache Trl, Apache Junction, AZ 85120
      View Details
    • Contact for pricing
      5,440 SF

      Commercial Building with Fenced Yard

      5,440 SF building with showroom, office space, and storage.
      1880 W Apache Trl, Apache Junction, AZ 85120
      View Details
    • Contact for pricing
      704 SF

      Contractor Ready Commercial Property

      Commercial property with office and functional lot in Apache Junction.
      710 N Ironwood Dr, Apache Junction, AZ 85120
      View Details
    • $210,000
      0.36 Acres

      Land with Mountain Views

      Land in Apache Junction with utilities and mountain views.
      2497 W Shiprock St, Apache Junction, AZ 85120
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      13,933 SF

      Prime Apache Junction Office Space

      Executive Suites, 13,933 SF Total
      264 Ironwood Dr, Apache Junction, AZ 85120
      View Details
    • Contact for pricing

      Freestanding Building with Gated Yard

      Versatile building with showroom, office, and secure outdoor space.
      11357 E Apache Trl, Apache Junction, AZ 85120
      View Details
    • $4,500 /Mo
      3,620 SF

      Apache Junction Commercial Space Available

      Commercial space for rent in Apache Junction, Arizona.
      10257 E Main St, Apache Junction, AZ 85120
      View Details
    • Contact for pricing
      800 SF

      Office Space with Monument Signage

      Office space for rent with excellent frontage and parking.
      264-268 N Ironwood Dr, Apache Junction, AZ 85120
      View Details
    • Contact for pricing
      12,601 SF

      Commercial Space on Apache Trail

      1,000 SF commercial space in high-traffic location.
      7-2114 W Apache Trl, Apache Junction, AZ 85120
      View Details
    • Contact for pricing

      Hard Corner Endcap Retail Space

      Retail space available at Signal Butte & Apache Trail.
      21 S Signal Butte Rd, Apache Junction, AZ 85120
      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.
    169 Ironwood Dr
    Apache Junction, AZ 85120-5015
    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
    169 Ironwood Dr, Apache Junction, AZ, 85120
    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!