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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Strip malls
2300 Tanger Dr Casa Grande, AZ 85122-9608
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-0528528
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1991
Construction
CONCRETE
Total area
11,692 SF
Lot
39.82 ac (1,734,559 SF)
APN
511-20-012A
UPID
US07-0528528
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
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$840k
Blend (final)
Blend
$690k
Owner & transaction history
Citygate Casa Grande LLC · 6 yrs held
Citygate Casa Grande LLC
since 2020
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.1M
+115.3%
Retail stores
$995,000
+99.6%
Office building
$895,000
+79.5%
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 Casa Grande submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Casa Grande 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
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$500,000
Current use
WAREHOUSE, STORAGE
$1,070,000
Change: +115% · Conversion: Difficult
RETAIL STORES
$995,000
Change: +100% · Conversion: Easy
OFFICE BUILDING
$895,000
Change: +79% · Conversion: Moderate
MEDICAL BUILDING
$850,000
Change: +70% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$59 / 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
$62,160
Tax year 2023
Assessed value
$1,711,262
Assessed 2025
Previous assessed
$1,711,262
+0.0% YoY
Effective rate
3.63%
On assessed value
Assessed land
$82,725
Assessed improvement
$1,628,537
Land market value
$459,585
Improvement market value
$9,047,429
Total market value
$9,507,014
Applied tax rate
428.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1991
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Total area
11,692 SF
Lot
39.82 ac (1,734,559 SF)
APN
511-20-012A
UPID
US07-0528528
Jurisdiction
PINAL
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$500,000
WAREHOUSE, STORAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$995,000
OFFICE BUILDING
Est. value
$895,000
MEDICAL BUILDING
Est. value
$850,000
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
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
1991
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
3
Lot
39.82 ac
Current owner
From public records · entity-resolved
Citygate Casa Grande LLC
Entity
Free & Clear · 6 yrs held
Mailing address
14500 N NORTHSIGHT BLVD STE #125, SCOTTSDALE, AZ 85260-3660
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2020
—
Citygate Casa Grande LLC
Az Outlet Investment LLC
Warranty Deed
related
—
Nov 26, 2018
—
Pinal-gila Councils Senior Fou
Siegel Ronald B 2004 Trust
Grant Deed
related
—
Jul 13, 2011
$5,150,000
Az Outlet Investment LLC
All State Assocs Of Pinal Xv LLC
Grant Deed
—
Feb 27, 2006
$13,750,000
All St Assocs Of Pinal Xv LLC
G & D Investments IV LLC
Grant Deed
$7,300,000 · Cbre Melody & Co
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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