Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    203 4th St Benson, AZ 85602-6504

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    203 4th St Benson, AZ 85602-6504

    View on Map
    • Gas stations
    • 2,500 SF
    Off-Market
    Last Sale Dec 31, 2024
    $462,000
    Property ID
    US07-1770844
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gas stations

    Property Details for 203 4th St

    Year built
    1962
    Construction
    CONCRETE
    Property size
    2,500 SF
    Property type
    Gas stations
    APN
    123-20-020
    APU
    12320020

    Description

    This established Benson, Arizona auto repair shop, located at 203 W 4th St, 85602, presents a unique investment opportunity. The 2,500 square foot building sits on two lots totaling 11,250 square feet and boasts three large (10'x14') ground-level roll-up doors, ideal for vehicle access. Inside, you'll find three bays equipped with hoists, a small office area, and two bathrooms. A 12'x24' loft provides ample storage space. The property features a new roof and a secure 60'x75' fenced backyard. All existing equipment is included in the sale, notably a 1996 flatbed towing truck. Currently operating at 100% occupancy, the business benefits from established towing contracts with the Department of Public Safety, Benson Police Department, and the Sheriff's Department. This historic garage, originally established in the 1940s and continuously operated since 1985, offers a blend of established clientele and significant potential for growth. The asking price is $485,000.

    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
    Benson
    County
    Cochise
    State
    Arizona
    Longitude
    -110.3
    Latitude
    31.9688
    CBSA code
    43420
    CBSA name
    SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN 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
    $1,667
    $3,375
    $7,556
    $10,931
    -
    $22,500
    $50,375
    $72,875

    Comparable in this City

    • Value Estimation by Request
      878 SF

      4th St

      GAS STATION • 878 SF
      4th St, Benson, AZ 85602
      View Details
    • Value Estimation
      $590,000
      4,032 SF

      621 Hwy 90

      GAS STATION • 4,032 SF
      621 Hwy 90, Benson, AZ 85602
      View Details
    • Value Estimation by Request
      2,750 SF

      315 Ocotillo Rd

      GAS STATION • 2,750 SF
      315 Ocotillo Rd, Benson, AZ 85602-6006
      View Details
    • Value Estimation by Request
      3,898 SF

      773 4th St

      GAS STATION • 3,898 SF
      773 4th St, Benson, AZ 85602-6301
      View Details
    • Value Estimation by Request
      140 SF

      1030 4th St

      GAS STATION • 140 SF
      1030 4th St, Benson, AZ 85602-6439
      View Details
    • Value Estimation
      $1,060,000
      8,483 SF

      643 Hwy 90

      GAS STATION • 8,483 SF
      643 Hwy 90, Benson, AZ 85602-6746
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      47,000 SF

      Multi-Tenant Retail Investment Opportunity

      85% leased retail center anchored by Tractor Supply Company.
      306 S Ocotillo Ave, Benson, AZ 85602
      View Details
    • $370,000
      1,482 SF

      Commercial Property with I-10 Exposure

      Commercial property with high visibility and easy I-10 access.
      3158 W Meadowlark Ln, Benson, AZ 85602
      View Details
    • $595,000
      600 SF

      Benson Retail Opportunity: Ice Cream Shop

      Established Business, Prime Location, High Traffic
      102 4Th St, Benson, AZ 85602
      View Details
    • $1,742,500
      8.06 Acres

      Benson Land with Highway Frontage

      8.2 acre parcel with highway frontage and government benefits.
      S State Rt. 90 n/a, Benson, AZ 85602
      View Details
    • Contact for pricing

      Benson Campground KOA Journey

      Established campground with diverse site mix and robust amenities.
      180 W Four Feathers Ln, Benson, AZ 85602
      View Details
    • Contact for pricing

      Development Land with Highway Frontage

      Prime development land with highway access and utilities.
      80 Frontage Rd Ap Poston Rd, Benson, AZ 85602
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Near Interstate 10

      Retail and office spaces with high visibility and ample parking.
      306-362 Ocotillo Ave, Benson, AZ 85602
      View Details
    • Contact for pricing

      San Pedro Church Buildings For Rent

      Two buildings on 1.55 acres available for lease.
      636 Highway 80 S, Benson, AZ 85602
      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.
    203 4th St
    Benson, AZ 85602-6504
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!