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Property profile & analytics
OFF-MARKET
Estimated value
$6,905,000
Retail space
204 5th St Douglas, AZ 85607-2846
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-0668101
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Construction
CONCRETE
Total area
76,950 SF
Lot
9.84 ac (428,848 SF)
APN
408-31-011
UPID
US07-0668101
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
-
Child Protective Services Social Service Agency Charitable Organization
-
B H Properties Real Estate Agency
-
99 Cents Only Stores Discount Store
-
Harbor Freight Tools Building Supply Hardware & Home Improvement
-
dd's DISCOUNTS Shoe Store Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.64M
Comparable Approach
Comparable
$7.37M
Blend (final)
Blend
$6.91M
Owner & transaction history
Ross Dress For Less INC · 1 yrs held
Ross Dress For Less INC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$10.1M
+39.8%
Medical building
$8.4M
+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%
$8,280,000
6.5%
$7,640,000
7%
$7,095,000
Alternative Use
Use
Estimation
RETAIL STORES
$7,230,000
Current use
OFFICE BUILDING
$10,110,000
Change: +40% · Conversion: Easy
MEDICAL BUILDING
$8,400,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,840,000
Change: -5% · Conversion: Easy
WAREHOUSE, STORAGE
$6,075,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$6.91M
Range $6.21M – $7.60M · ±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
$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
$42,048
Tax year 2023
Assessed value
$323,844
Assessed 2024
Previous assessed
$323,844
+0.0% YoY
Effective rate
12.98%
On assessed value
Assessed land
$149,444
Assessed improvement
$174,400
Land market value
$996,296
Improvement market value
$1,162,668
Total market value
$2,158,964
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
1992
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
76,950 SF
Lot
9.84 ac (428,848 SF)
APN
408-31-011
UPID
US07-0668101
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
$7.2M
OFFICE BUILDING
Est. value
$10.1M
MEDICAL BUILDING
Est. value
$8.4M
COMMERCIAL (GENERAL)
Est. value
$6.8M
WAREHOUSE, STORAGE
Est. value
$6.1M
RETAIL STORES Current
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
1992
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
9.84 ac
Current owner
From public records · entity-resolved
Ross Dress For Less INC
Entity
Mailing address
4835 E CACTUS RD STE #443, SCOTTSDALE, AZ 85254-3546
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2025
—
Hillcrest Apartments LLC
—
Deed
related
$2,700,000 · Five Star Bank
Jan 21, 2025
—
Ross Dress For Less INC
Hillcrest Apartments LLC
Deed
—
Nov 27, 2017
$4,400,000
Hillcrest Apartments LLC
Bh Properties LLC
Grant Deed
$3,220,000 · Bank Of The West
Sep 23, 2016
—
Bh Properties LLC
—
Deed
related
$265,000,000 · Wells Fargo Bank NA
Jun 7, 2013
—
Bh Properties LLC
—
Loan Modification
related
$33,177,500 · Wells Fargo Bank
Mar 21, 2013
—
B H Properties LLC
—
Deed Of Trust
related
$71,257,500 · Wells Fargo Bank
Feb 27, 2013
—
B H Properties LLC
Bh Ventures LLC
Warranty Deed
$29,257,500 · Wells Fargo Bank NA
Feb 11, 2005
$1,800,000
Fae Holdings 356216r LLC
Wal-mart Stores INC
Grant Deed
related
—
Feb 11, 2005
—
Fae Holdings 356216r LLC
Wal-mart Stores INC
Grant Deed
related
$1,801,638 · Bh Properties LLC
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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