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Property profile & analytics
OFF-MARKET
Estimated value
$14,945,000
Specialty properties
202 Meridian Rd Apache Junction, AZ 85120-3628
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US07-2952337
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1978
Construction
STEEL FRAME
Total area
4,680 SF
Lot
8.6 ac (374,624 SF)
Zoning code
MHP
APN
220-65-003Z
UPID
US07-2952337
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.54M
Blend (final)
Blend
$14.95M
Owner & transaction history
Quae Amissa Salva Real Estate Inves · 10 yrs held
Quae Amissa Salva Real Estate Inves
since 2016
7 recorded transactions
Zoning & alternative use
MHP · Apache Junction, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
windows, chimneys, non-enclosed steps/stairs, heating/cooling units, eaves, and gutters may encroach up to 2 feet into setback areas, subject to compliance with the Building Code. No such encroachment is allowed in the MHP (Manufactured Home Park) and RVP (Recreational Vehicle Park) zoning districts. (D) Exemptions. The following items are exempt from zoning…
Zone name
Manufactured Home Park
General category
RESIDENTIAL
Zone area
443.67 ac
Source
§ 1-1-1 TITLE AND AUTHORITY.
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 Apache Junction submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apache Junction 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
Blend value · Realmo final
$14.95M
Range $13.45M – $16.44M · ±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
$3,193 / 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
$26,193
Tax year 2023
Assessed value
$263,820
Assessed 2024
Previous assessed
$207,290
+27.3% YoY
Effective rate
9.93%
On assessed value
Land market value
$1,192,900
Improvement market value
$1,445,300
Total market value
$2,638,200
Applied tax rate
42,007.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
SPACE
Buildings
5
Stories
1
Total area
4,680 SF
Lot
8.6 ac (374,624 SF)
Zoning code
MHP
APN
220-65-003Z
UPID
US07-2952337
Jurisdiction
MARICOPA
Zoning & alternative use
MHP · Apache Junction, AZZoning MHP · permitted uses
MHP · Apache Junction, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
windows, chimneys, non-enclosed steps/stairs, heating/cooling units, eaves, and gutters may encroach up to 2 feet into setback areas, subject to compliance with the Building Code. No such encroachment is allowed in the MHP (Manufactured Home Park) and RVP (Recreational Vehicle Park) zoning districts. (D) Exemptions. The following items are exempt from zoning setback requirements but may be subject to Building Code or Health Code requireme
Zone name
Manufactured Home Park
General category
RESIDENTIAL
Zone area
443.67 ac
Source
§ 1-1-1 TITLE AND AUTHORITY.
Building & site characteristics
From public records
Year built
1978
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
5
Lot
8.6 ac
Current owner
From public records · entity-resolved
Quae Amissa Salva Real Estate Inves
Individual
Mailing address
2320 W RAY RD #3, CHANDLER, AZ 85224-3601
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2016
$9,750,000
Quae Amissa Salva Real Estate Inves
Thompson Properties: El Dorado Mobi
Special Warranty Deed
$1,047,000 · Berkadia Commercial Mortgage LLC
Aug 10, 2004
—
Thompson Properties
Thompson,e M
Quit Claim Deed
related
—
Aug 6, 2004
—
Thompson Props Eldorado Mobile
Jenkins,kevin L & Nelda S
Quit Claim Deed
related
—
Aug 6, 2002
$607,090
Thompson Properties
Thompson,carrell A
Grant Deed
related
—
Mar 19, 2002
$33,250
Carrell A Thompson
Jenkins,nelda T
Grant Deed
related
—
Mar 19, 2002
$95,000
Carrell A Thompson
Jenkins,kevin L & Nelda T
Grant Deed
related
—
Mar 19, 2002
$617,500
Carrell A Thompson
Jenkins,nelda T
Grant Deed
related
—
Mar 19, 2002
$156,750
Carrell A Thompson
Jenkins,nelda T
Grant Deed
related
—
Dec 31, 2001
—
Carrell A Thompson
Thompson Trust
Quit Claim Deed
related
—
Apr 26, 1996
$3,576,000
Properties El Dorado Mo Thompson
E Marie Thompson
Grant Deed
related
—
Feb 9, 1996
$3,576,000
Thompson,e Marie
Robert H Hammond L L C
Trustees Deed
related
—
Jan 28, 1993
—
Peggy Whaley
Meridian Trust
Grant Deed
related
—
May 5, 1989
—
Robert H Hammond
Unknown
Grant Deed
related
—
Dec 2, 1988
$3,350,000
Robert H Hammond
—
Trustees Deed
related
—
Sep 1, 1987
$3,138,904
William A Rooke
Gold
Grant Deed
related
—
—
—
Marie Thompson
—
Deed Of Trust
related
—
—
—
H Hammond L L C Robert
—
Deed Of Trust
related
—
—
—
Quae Amissa Salva R & E Invs LLC
—
Deed Of Trust
related
$9,200,000 · Orix R/e Cap
—
—
Props El Dorado Mobil Thompson
—
Deed Of Trust
related
$6,000,000 · Berkadia Commercial Mortgage
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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