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Property profile & analytics
OFF-MARKET
Estimated value
$2,410,000
Auto shops
23454 Mc 85 Buckeye, AZ 85326
Entity Owned
10-yr Hold
Free & Clear
Property ID
US07-1180460
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1965
Construction
CONCRETE
Total area
8,400 SF
Lot
4.8 ac (209,247 SF)
Zoning code
C-3
APN
504-45-002B
UPID
US07-1180460
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
$2.47M
Blend (final)
Blend
$2.41M
Owner & transaction history
City Of Buckeye Arizona · 10 yrs held
City Of Buckeye Arizona
since 2016
2 recorded transactions
Zoning & alternative use
C-3 · Buckeye, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Regional Commercial (C-3). The C-3 District is intended primarily for uses that provide commercial goods and services to residents of the region in areas that are dependent on automobile access and exposed to heavy automobile traffic. This district is intended to accommodate large-scale commercial or retail uses with a City-wide or regional market area. For…
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
86.32 ac
Source
code of ordinances
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 Buckeye submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buckeye 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,730,000
Current use
Blend value · Realmo final
$2.41M
Range $2.17M – $2.65M · ±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
$287 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$72
Tax year 2022
Assessed value
$241,153
Assessed 2024
Previous assessed
$182,130
+32.4% YoY
Effective rate
0.03%
On assessed value
Land market value
$436,800
Improvement market value
$1,170,886
Total market value
$1,607,686
Applied tax rate
330,215.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1965
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
4
Stories
1
Total area
8,400 SF
Lot
4.8 ac (209,247 SF)
Zoning code
C-3
APN
504-45-002B
UPID
US07-1180460
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Buckeye, AZZoning C-3 · permitted uses
C-3 · Buckeye, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Regional Commercial (C-3). The C-3 District is intended primarily for uses that provide commercial goods and services to residents of the region in areas that are dependent on automobile access and exposed to heavy automobile traffic. This district is intended to accommodate large-scale commercial or retail uses with a City-wide or regional market area. For example, high-intensity regional shopping centers on large sites with multiple buildings are appropriate within the C-3 District. These commercial uses are subject to frequent view by the public and visitors to the City, and they should provide an attractive appearance with landscaping, sufficient parking, and controlled traffic movement. 2.5.6.
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
86.32 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.7M
AUTO REPAIR, GARAGE Current
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
1965
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
4
Lot
4.8 ac
Current owner
From public records · entity-resolved
City Of Buckeye Arizona
Entity
Free & Clear · 10 yrs held
Mailing address
530 E MONROE AVE, BUCKEYE, AZ 85326-2806
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2016
—
City Of Buckeye Arizona
Jones,thomas & Kathleen
Grant Deed
—
Jan 31, 1994
$150,000
Ronald L Jones
Jones Trust
Quit Claim Deed
related
—
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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