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Property profile & analytics
OFF-MARKET
Estimated value
$2,440,000
Retail space
1940 Arizona Blvd Coolidge, AZ 85128-6203
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-1360229
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
CONCRETE
Total area
16,190 SF
Lot
4.81 ac (209,524 SF)
APN
204-14-2200
UPID
US07-1360229
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
-
Shope's IGA Grocery & Convenience Store Food Market
-
76 Gas Station
-
Hermanos Gueros Restaurant
-
Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.68M
CAP Approach
CAP
$2.45M
Comparable Approach
Comparable
$3.18M
Blend (final)
Blend
$2.44M
Owner & transaction history
Tee Jay Fuels LLC · 3 yrs held
Tee Jay Fuels LLC
since 2022
Last sale
$2.4M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.9M
+83.2%
Commercial (general)
$2.5M
+16.9%
Office building
$2.2M
+3.6%
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 Coolidge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coolidge 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
$2,510,000
ML approach
$2,675,000
CAP Approach
CAP Return
Estimation
6%
$2,650,000
6.5%
$2,445,000
7%
$2,270,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,130,000
Current use
RESTAURANT
$3,900,000
Change: +83% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,490,000
Change: +17% · Conversion: Easy
OFFICE BUILDING
$2,205,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$2.44M
Range $2.20M – $2.68M · ±10% · vs last sale $2.40M (Oct 17 2022)
Last sale anchor
$2.40M
Oct 17 2022
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
$151 / 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
$21,357
Tax year 2023
Assessed value
$295,079
Assessed 2025
Previous assessed
$212,086
+39.1% YoY
Effective rate
7.24%
On assessed value
Assessed land
$53,761
Assessed improvement
$241,318
Land market value
$298,674
Improvement market value
$1,340,654
Total market value
$1,639,328
Applied tax rate
2,106.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1988
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
16,190 SF
Lot
4.81 ac (209,524 SF)
APN
204-14-2200
UPID
US07-1360229
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
RETAIL STORES Current
Est. value
$2.1M
RESTAURANT
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.2M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE 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
1988
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
4.81 ac
Current owner
From public records · entity-resolved
Tee Jay Fuels LLC
Entity
Mailing address
1990 S ALMA SCHOOL RD, CHANDLER, AZ 85286-6904
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2022
$2,400,000
Tee Jay Fuels LLC
Shope Enterprises INC
Special Warranty Deed
$1,655,000 · Shope Enterprises
—
—
Ents Shope
—
Deed Of Trust
related
$100,000 · Great Western Bank
—
—
Shope Enterprises
—
Deed Of Trust
related
$222,000 · Sun State Bank
—
—
Ents Shope
—
Deed Of Trust
related
$88,000 · Sun State Bank
—
—
Shope Enterprises
—
Deed Of Trust
related
$75,000 · Sun State Bank
—
—
Shope Enterprises INC
—
Deed Of Trust
related
$467,000 · Community First National 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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