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Property profile & analytics
OFF-MARKET
Estimated value
$23,110,000
Retail space
199 5th St Douglas, AZ 85607-2853
Trust Owned
2-yr Hold
Free & Clear
Property ID
US07-2243985
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
CONCRETE
Total area
191,168 SF
Lot
18.39 ac (801,199 SF)
APN
408-31-021B
UPID
US07-2243985
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
-
Coinstar Bank Credit Union
-
Walmart Connection center Mobile Phone Store Electronics & Wireless Store
-
Walmart Money Center Bank Credit Union
-
Walmart Business Center Tech Support Center (Bike/Boat/Book/etc) Store
-
Walmart Tech Services Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.99M
Comparable Approach
Comparable
$29.87M
Blend (final)
Blend
$23.11M
Owner & transaction history
Wal Mart Real Estate Business Trust · 2 yrs held
Wal Mart Real Estate Business Trust
since 2023
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$30.2M
+68.2%
Office building
$25.1M
+39.8%
Medical building
$20.9M
+16.2%
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 Douglas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglas 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%
$20,565,000
6.5%
$18,985,000
7%
$17,630,000
Alternative Use
Use
Estimation
RETAIL STORES
$17,965,000
Current use
RESTAURANT
$30,225,000
Change: +68% · Conversion: Easy
OFFICE BUILDING
$25,110,000
Change: +40% · Conversion: Easy
MEDICAL BUILDING
$20,870,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$16,990,000
Change: -5% · Conversion: Easy
WAREHOUSE, STORAGE
$15,090,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$23.11M
Range $20.80M – $25.42M · ±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
$121 / 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
$224,700
Tax year 2023
Assessed value
$1,730,607
Assessed 2024
Previous assessed
$1,730,607
+0.0% YoY
Effective rate
12.98%
On assessed value
Assessed land
$345,830
Assessed improvement
$1,384,777
Land market value
$2,305,532
Improvement market value
$9,231,844
Total market value
$11,537,376
Applied tax rate
2,710.0000
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
2004
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
191,168 SF
Lot
18.39 ac (801,199 SF)
APN
408-31-021B
UPID
US07-2243985
Jurisdiction
COCHISE
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
$18.0M
RESTAURANT
Est. value
$30.2M
OFFICE BUILDING
Est. value
$25.1M
MEDICAL BUILDING
Est. value
$20.9M
COMMERCIAL (GENERAL)
Est. value
$17.0M
WAREHOUSE, STORAGE
Est. value
$15.1M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2004
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
18.39 ac
Current owner
From public records · entity-resolved
Wal Mart Real Estate Business Trust
Trust
Free & Clear · 2 yrs held
Mailing address
702 SW 8TH ST, BENTONVILLE, AR 72716-6209
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2023
—
Wal Mart Real Estate Business Trust
Retail Trust III
Special Warranty Deed
—
Mar 9, 2012
$982,606
Kool Treats LLC
Mildred L Hanigan Trust
Grant Deed
—
May 4, 2011
$240,000
Hanigan,mildred L Trust
Wal-mart Stores INC
Grant Deed
—
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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