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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Strip malls
1962 Cesar Chavez Blvd San Luis, AZ 85349
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-2030677
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
FRAME
Total area
9,966 SF
Lot
1.06 ac (46,174 SF)
Zoning code
C-2
APN
776-28-025
UPID
US07-2030677
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$982k
Blend (final)
Blend
$900k
Owner & transaction history
Wainut Acres LLC · 3 yrs held
Wainut Acres LLC
since 2022
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
C-2 · San Luis, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zoning district is to provide a location for general business and commercial uses. The intent of this district is to allow for larger and more intense commercial uses to satisfy the broader retail and business needs of the community at large while providing for a broad range of commercial activities.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
585.31 ac
Source
Realmo
Top alternative use upside
Retail stores
$1.3M
+22.4%
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 San Luis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis 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
$765,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,055,000
Current use
RETAIL STORES
$1,295,000
Change: +22% · Conversion: Easy
AUTO REPAIR, GARAGE
$990,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $1.00M (Nov 4 2022)
Last sale anchor
$1.00M
Nov 4 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
$90 / 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
$11,061
Tax year 2023
Assessed value
$99,015
Assessed 2023
Previous assessed
$97,073
+2.0% YoY
Effective rate
11.17%
On assessed value
Assessed land
$6,812
Assessed improvement
$92,203
Land market value
$47,700
Improvement market value
$645,631
Total market value
$693,331
Applied tax rate
3,268.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2005
Construction
FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
9,966 SF
Lot
1.06 ac (46,174 SF)
Zoning code
C-2
APN
776-28-025
UPID
US07-2030677
Jurisdiction
YUMA
Zoning & alternative use
C-2 · San Luis, AZZoning C-2 · permitted uses
C-2 · San Luis, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this zoning district is to provide a location for general business and commercial uses. The intent of this district is to allow for larger and more intense commercial uses to satisfy the broader retail and business needs of the community at large while providing for a broad range of commercial activities.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
585.31 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$990,000
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
2005
Construction
FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Wainut Acres LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3150 S CATALINA DR STE #1, YUMA, AZ 85364-8233
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2025
—
Walnut Acres LLC
—
Deed
related
$3,916,000 · Avenir Financial FCU
Nov 4, 2022
$1,000,000
Wainut Acres LLC
Smock Commercial Rentals LLC
Warranty Deed
—
Nov 4, 2022
—
Smock Commercial Rentals LLC
David E Smock
Correction Deed
related
$700,000 · Zb NA
Feb 11, 2022
—
Smock Commercial Rentals LLC
David E Smock
Intrafamily Transfer
related
—
Oct 20, 2005
$1,000,000
David E Smock
Nieves Riedel
Warranty Deed
$509,086 · 1st Bank Yuma
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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