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Property profile & analytics
OFF-MARKET
Estimated value
$3,365,000
Strip malls
29455 Cave Crk Rd Cave Creek, AZ 85331-3245
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-1990357
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
CONCRETE
Total area
14,500 SF
Lot
1.98 ac (86,365 SF)
Zoning code
C-2
APN
211-38-185C
UPID
US07-1990357
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
-
James Lynch Drywall Hardware & Home Improvement Interior Design
-
Flat Line Grading & Paving LLC General Contractor Construction Company
-
Premier Event Resources Marketing & Advertising Event Planning
-
Babbo Italian Eatery Restaurant
-
Papa Murphy's | Take 'N' Bake Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.36M
Blend (final)
Blend
$3.37M
Owner & transaction history
Sze,yuk P Trust · 6 yrs held
Sze,yuk P Trust
since 2020
7 recorded transactions
Zoning & alternative use
C-2 · Cave Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.9M
+128.0%
Medical building
$3.7M
+72.6%
Office building
$3.5M
+62.1%
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 Cave Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cave Creek 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
NEIGHBORHOOD: SHOPPING CENTER
$2,140,000
Current use
RETAIL STORES
$4,880,000
Change: +128% · Conversion: Easy
MEDICAL BUILDING
$3,690,000
Change: +73% · Conversion: Difficult
OFFICE BUILDING
$3,470,000
Change: +62% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,330,000
Change: +56% · Conversion: Difficult
Blend value · Realmo final
$3.37M
Range $3.03M – $3.70M · ±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
$232 / 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
$23,124
Tax year 2023
Assessed value
$507,342
Assessed 2024
Previous assessed
$426,887
+18.8% YoY
Effective rate
4.56%
On assessed value
Land market value
$789,000
Improvement market value
$2,285,800
Total market value
$3,074,800
Applied tax rate
931,300.0000
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
2007
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
14,500 SF
Lot
1.98 ac (86,365 SF)
Zoning code
C-2
APN
211-38-185C
UPID
US07-1990357
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Cave Creek, AZZoning C-2 · permitted uses
C-2 · Cave Creek, AZ
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
$2.1M
RETAIL STORES
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.5M
INDUSTRIAL (GENERAL)
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
2007
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
1.98 ac
Current owner
From public records · entity-resolved
Sze,yuk P Trust
Trust
Free & Clear · 6 yrs held
Mailing address
4530 E SHEA BLVD STE #100, PHOENIX, AZ 85028-6066
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2020
—
Sze,yuk P Trust
Yuk P Sze
Quit Claim Deed
related
—
Jul 27, 2018
—
Swc 28th & Peoria Invtrs LLC
Swc 28th & Peoria Invtrs LLC
Quit Claim Deed
related
—
Jun 9, 2017
—
Swc 28th & Peoria Invtrs LLC
Swc 28th & Peoria Invtrs LLC
Quit Claim Deed
related
—
May 31, 2017
$9,450,000
Swc 28th & Peoria Invtrs Ll
Fs Tatum Plaza LLC
Grant Deed
—
Jan 23, 2014
$8,000,000
Fs Tatum Plaza LLC
Cave Creek & Tatum LLC
Grant Deed
—
Mar 9, 2011
—
Cave Creek & Tatum LLC
—
Loan Modification
related
$4,595,046 · Jp Morgan Chase Bk
May 8, 2006
—
Cave Creek & Tatum LLC
Cave Creek & Tatum LLC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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