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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Parking lots & garages
212 Malcolm Dr Apache Junction, AZ 85120-4753
Individually Owned
4-yr Hold
Property ID
US07-0592020
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
2016
Construction
STEEL FRAME
Total area
1,140 SF
Lot
0.73 ac (31,666 SF)
Zoning code
R1-8
APN
220-68-059E
UPID
US07-0592020
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
$540k
Blend (final)
Blend
$550k
Owner & transaction history
Cesar Calderon JR · 4 yrs held
Cesar Calderon JR
since 2021
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
R1-8 · Apache Junction, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$505,000
+90.0%
Neighborhood: shopping center
$360,000
+35.2%
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 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
$555,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$505,000
Change: +90% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$360,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (Dec 28 2021)
Last sale anchor
$550k
Dec 28 2021
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
$482 / 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
$1,475
Tax year 2023
Assessed value
$39,956
Assessed 2024
Effective rate
3.69%
On assessed value
Land market value
$253,700
Improvement market value
$145,863
Total market value
$399,563
Applied tax rate
40,000.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
2016
Construction
STEEL FRAME
Heating
NONE
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Rooms
4
Bathrooms
1
Total area
1,140 SF
Lot
0.73 ac (31,666 SF)
Zoning code
R1-8
APN
220-68-059E
UPID
US07-0592020
Jurisdiction
MARICOPA
Zoning & alternative use
R1-8 · Apache Junction, AZ
Zoning R1-8 · permitted uses
R1-8 · Apache Junction, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Apache Junction. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$505,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$360,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2016
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Rooms
4
Bathrooms
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Cesar Calderon JR
Individual
Mailing address
212 S MALCOLM DR, APACHE JUNCTION, AZ 85120-4753
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
$550,000
Cesar Calderon JR
Leonardo Sosa
Warranty Deed
$340,000 · Loandepot.com LLC
Dec 28, 2021
—
Cesar Calderon JR
Isabel Cruz Cazarez
Intrafamily Transfer
related
—
Aug 14, 2015
$115,000
Leonardo Sosa
Luke & Jimmy LLC
Warranty Deed
—
Jun 29, 2015
$102,000
Luke & Jimmy LLC
Quality Loan Svc Corp|hudson Sandra E
Trustees Deed
related
—
Apr 14, 2005
$155,000
Sandra Hudson
Fritz,gordon R & Arleen F
Warranty Deed
$155,000 · Franklin Fidelity Funding
May 2, 1996
$82,500
Gordon R Fritz
Jack W & Jean Ormiston
Grant Deed
—
—
—
Gordon R Fritz
—
Deed Of Trust
related
$107,200 · First Magnus Financial Corp
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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