Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2012 Southern Ave Apache Junction, AZ 85120-7305
    Property profile & analytics

    2012 Southern Ave, Apache Junction, AZ 85120-7305

    View on Map
    • Assisted living facilities
    • 62,758 SF
    • 5.00 lot acres
    Off-Market
    Property ID
    US07-1261066
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,370,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apache Junction Health Center / Nursing Home
    • Lori Delabio / Physician
    • Dr. Dheeraj Bobba / Physician
    • Norberto Perez / Physician

    Property Details for 2012 Southern Ave

    Year built
    1989
    Construction
    STEEL FRAME
    Lot size
    5.00 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    102-11-006A
    APU
    10211006A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 16, 2026 $15,085 Apache Junction Snf Owner LLC David Salceda LLC Special Warranty Deed —
    Dec 19, 2025 — David Salceda LLC — Deed · related $11M · Eagle Uc Lender LLC
    Nov 1, 2023 — Eagle Uc Master Tenant LLC Unified Investments III LLC Lease —
    Jan 2, 1996 $4,100,000 David Salcedo LLC David Trust Grant Deed · related $30k · Capital Funding Group
    Jan 20, 1994 $4,195,000 David Emmanuael B Unknown Grant Deed —
    — — David Salceda LLC — Deed Of Trust · related $2M · Capital Funding INC
    — — David Salceda LLC — Deed Of Trust · related $3.9M · Capital Funding INC

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Apache Junction
    County
    Pinal
    State
    Arizona
    Longitude
    -111.566
    Latitude
    33.3942
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $43,776
    $49,005
    $532,913
    $581,918
    -
    $326,700
    $3,552,752
    $3,879,452

    Comparable in this City

    • Value Estimation by Request
      3,454 SF

      201 20th Ave

      HOMES (RETIRED, NURSING)
      201 20th Ave, Apache Junction, AZ 85120-7532
      View Details
    • Value Estimation by Request
      1,095 SF

      1178 3rd Ave

      HOMES (RETIRED, NURSING)
      1178 3rd Ave, Apache Junction, AZ 85120-6619
      View Details
    • Value Estimation
      $1,820,000
      34,441 SF

      675 Broadway Ave

      HOMES (RETIRED, NURSING)
      675 Broadway Ave, Apache Junction, AZ 85120-5106
      View Details
    • Value Estimation by Request
      2,224 SF

      556 Southern Ave

      HOMES (RETIRED, NURSING)
      556 Southern Ave, Apache Junction, AZ 85120-7762
      View Details
    • Value Estimation by Request
      1,456 SF

      1988 Monterey Dr

      HOMES (RETIRED, NURSING)
      1988 Monterey Dr, Apache Junction, AZ 85120-7648
      View Details
    • Value Estimation
      $6,520,000
      117,661 SF

      2080 Ironwood Dr

      HOMES (RETIRED, NURSING)
      2080 Ironwood Dr, Apache Junction, AZ 85120-9570
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land with Mountain Views

      Land in Apache Junction with power, water, and mountain views.
      2497 W Shiprock St, Apache Junction, AZ 85120
      View Details
    • Contact for pricing

      Undeveloped Land Bordering Tonto Forest

      Land with breathtaking views bordering Tonto National Forest.
      493 W Mcdowell Blvd, Apache Junction, AZ 85120
      View Details
    • Contact for pricing
      25,165 SF

      Commercial Lot For Sale

      Vacant commercial lot suitable for retail or office use.
      2090 W Superstition Blvd, Apache Junction, AZ 85120
      View Details
    • $210,000
      1.25 Acres

      Land with Superstition Mountain Views

      1.25-acre parcel with views and recreation opportunities.
      564 W Mckellips Blvd, Apache Junction, AZ 85120
      View Details
    • $735,000

      Apache Junction Fourplex Investment Opportunity

      Fourplex near US-60 with updated units and strong rental income.
      2125 S Apache Dr, Apache Junction, AZ 85120
      View Details
    • Contact for pricing

      Prime Commercial Corner Lot

      Available commercial land on high-traffic corridor in Apache Junction.
      W Lost Dutchman Blvd, Apache Junction, AZ 85120
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      13,933 SF

      Prime Apache Junction Office Space

      Executive Suites, 13,933 SF Total
      264 Ironwood Dr, Apache Junction, AZ 85120
      View Details
    • Contact for pricing

      Freestanding Building with Gated Yard

      Versatile building with showroom, office, and secure outdoor space.
      11357 E Apache Trl, Apache Junction, AZ 85120
      View Details
    • Contact for pricing

      Hard Corner Endcap Retail Space

      Retail space available at Signal Butte & Apache Trail.
      21 S Signal Butte Rd, Apache Junction, AZ 85120
      View Details
    • Contact for pricing
      3,420 SF

      Turnkey Bar & Grill Available

      3,420 SF bar and grill with FFE included.
      10262 E Apache Trl, Mesa, AZ 85120
      View Details
    • Contact for pricing
      1,767 SF

      Retail Space in Arroyo Hermosa

      Retail property for lease in a rapidly growing trade area.
      212 W Superstition Blvd, Apache Junction, AZ 85120
      View Details
    • $13 SF/Yr
      6,300 SF

      Retail Space on Apache Trail

      Retail space with high visibility and strong traffic counts.
      11357 E Apache Trl, Apache Junction, AZ 85120
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2012 Southern Ave
    Apache Junction, AZ 85120-7305
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2012 Southern Ave, Apache Junction, AZ, 85120
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!