Property profile

223 Main St Somerton, AZ 85350

OFF-MARKET
Industrial properties
Property ID
US07-1532243
1,380 SF 0.1 ac lot Built 1952
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1952
Construction CONCRETE BLOCKS
Total area 1,380 SF
Lot 0.1 ac (4,494 SF)
Zoning code MSC
APN 752-06-012
UPID US07-1532243

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Astrologer
  • Bar & Pub
  • Department Store Grocery & Convenience Store

Location

223 Main St Somerton, AZ 85350
Somerton metro Census 11505 YUMA, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$60k

Owner & transaction history

since 2023
Last sale
$60,000
4 recorded transactions
2023
Price N/A
2005
Price N/A
1996
$60,000
1969
Price N/A

Zoning & alternative use

MSC · Somerton, AZ
Zoning description

The Main Street Corridor Zoning District is intended to be the economic core of the community by allowing a mix of retail, business, residential and government center uses.

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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