Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,640,000
Strip malls
18530 San Tan Blvd Queen Creek, AZ 85142-8226
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-1353735
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2014
Construction
STEEL FRAME
Total area
11,520 SF
Lot
1 ac (43,582 SF)
Zoning code
C-3
APN
304-89-011L
UPID
US07-1353735
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
-
Rock Point Offices Church
-
DASH Physical Therapy LLC Physician
-
Baxter's Tavern Electronics & Wireless Store (Bike/Boat/Book/etc) Store
-
Michael Heywood Physician
-
Musicians Made Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.77M
Blend (final)
Blend
$2.64M
Owner & transaction history
Dec4 LLC · 9 yrs held
Dec4 LLC
since 2017
7 recorded transactions
Zoning & alternative use
C-3 · Queen Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-3 is to provide for a mixture of shopping, housing, recreation and employment opportunities to serve a regional market greater than the Town, Retail malls and power centers, auto dealers, major office centers, hospitals, apartments and condominiums and other similar larger scale and higher intensity uses are anticipated
Zone name
Regional Commercial Center District
General category
CIVIC_INSTITUTIONAL
Zone area
35.68 ac
Source
Realmo
Top alternative use upside
Retail stores
$3.9M
+6.5%
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 Queen Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Queen Creek 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,640,000
Current use
RETAIL STORES
$3,875,000
Change: +7% · Conversion: Easy
MEDICAL BUILDING
$2,935,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.64M
Range $2.38M – $2.90M · ±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
$229 / 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
$19,665
Tax year 2023
Assessed value
$299,110
Assessed 2024
Previous assessed
$254,779
+17.4% YoY
Effective rate
6.57%
On assessed value
Land market value
$222,200
Improvement market value
$1,590,590
Total market value
$1,812,790
Applied tax rate
800,041.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2014
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
11,520 SF
Lot
1 ac (43,582 SF)
Zoning code
C-3
APN
304-89-011L
UPID
US07-1353735
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Queen Creek, AZZoning C-3 · permitted uses
C-3 · Queen Creek, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C-3 is to provide for a mixture of shopping, housing, recreation and employment opportunities to serve a regional market greater than the Town, Retail malls and power centers, auto dealers, major office centers, hospitals, apartments and condominiums and other similar larger scale and higher intensity uses are anticipated
Zone name
Regional Commercial Center District
General category
CIVIC_INSTITUTIONAL
Zone area
35.68 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.6M
RETAIL STORES
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
MEDICAL BUILDING
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
2014
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Dec4 LLC
Entity
Mailing address
6811 E THOMAS RD, SCOTTSDALE, AZ 85251-6826
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2020
—
San Tanna LLC
—
Deed
related
$1,215,000 · Midfirst Bank
Apr 20, 2017
$1,625,000
Dec4 LLC
San Tan 3 Commercial LLC
Special Warranty Deed
$2,220,000 · Great Western Bank
Aug 2, 2013
$665,000
Dec 4 LLC
San Tan 3 Commercial LLC
Grant Deed
—
Aug 31, 2007
—
San Tan 3 Commercial LLC
San Tan 3 Commercial LLC
Quit Claim Deed
related
—
—
—
San Tan 3 Commercial LLC
—
Deed Of Trust
related
$800,000 · Great Wstrn Bk
—
—
Dec4 LLC
—
Deed Of Trust
related
$666,500 · Western State Bank
—
—
Dec4 LLC
—
Loan Modification
related
—
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 18530 San Tan Blvd?
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.
