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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Medical Office Space
1811 Mcmurray Blvd, Casa Grande, AZ 85122-5404
Entity Owned
12-yr Hold
Free & Clear
Property ID
US07-0595644
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Construction
STEEL FRAME
Total area
6,278 SF
Lot
0.92 ac (40,097 SF)
APN
505-22-014V
UPID
US07-0595644
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
-
Dr. Hiep Nguyen Physician Medical Clinic
-
Jennifer Massimilla, FNP Physician
-
Allen Sara Physician
-
Swathi Ponnathota, MD Physician
-
Sonora Quest Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$631k
Blend (final)
Blend
$535k
Owner & transaction history
1811 Mcmurray LLC · 12 yrs held
1811 Mcmurray LLC
since 2013
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$880,000
+93.7%
Warehouse, storage
$575,000
+26.3%
Retail stores
$535,000
+17.1%
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 Casa Grande submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Casa Grande 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
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$455,000
Current use
RESTAURANT
$880,000
Change: +94% · Conversion: Difficult
WAREHOUSE, STORAGE
$575,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$535,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$480,000
Change: +5% · Conversion: Easy
INDUSTRIAL (GENERAL)
$390,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$85 / 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
$25,658
Tax year 2023
Assessed value
$270,769
Assessed 2025
Previous assessed
$286,666
-5.5% YoY
Effective rate
9.48%
On assessed value
Assessed land
$21,652
Assessed improvement
$249,117
Land market value
$120,291
Improvement market value
$1,383,985
Total market value
$1,504,276
Applied tax rate
403.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
6,278 SF
Lot
0.92 ac (40,097 SF)
APN
505-22-014V
UPID
US07-0595644
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
MEDICAL BUILDING Current
Est. value
$455,000
RESTAURANT
Est. value
$880,000
WAREHOUSE, STORAGE
Est. value
$575,000
RETAIL STORES
Est. value
$535,000
OFFICE BUILDING
Est. value
$480,000
INDUSTRIAL (GENERAL)
Est. value
$390,000
MEDICAL BUILDING Current
RESTAURANT
WAREHOUSE, STORAGE
RETAIL STORES
OFFICE BUILDING
INDUSTRIAL (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
2002
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
1811 Mcmurray LLC
Entity
Free & Clear · 12 yrs held
Mailing address
2398 E CAMELBACK RD STE #1080, PHOENIX, AZ 85016-9016
Ownership since
2013
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
Aug 21, 2013
$1,218,750
1811 Mcmurray LLC
Lky R/e Fund I LP
Grant Deed
—
Sep 5, 2012
$1,000,000
Lky Real Estate Fund I LP
Bosco Michael A JR
Trustees Deed
related
—
Oct 31, 2011
$1,400,000
Realco Az Casa Grande Menlo
Terra Loma Development INC
Grant Deed
$8,000,000 · Grand Canyon Dev Holdings LLC
Apr 24, 2006
—
Medical Associates Of Arizona LLC
Terra Loma Development INC
Quit Claim Deed
related
$1,433,530 · M & I Marshall & Ilsley Bank
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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