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Property profile & analytics
OFF-MARKET
Strip malls
29822 Cave Crk Rd Cave Creek, AZ 85331-2014
Entity Owned
4-yr Hold
Free & Clear
Property ID
US07-0384778
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Construction
STEEL FRAME
Total area
5,627 SF
Lot
0.4 ac (17,602 SF)
Zoning code
C-2
APN
211-88-382
UPID
US07-0384778
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
-
ATI Physical Therapy Medical Clinic
-
Sean Maroney Physician
-
Bank of America Financial Center Bank Loan Service
-
Bank of America ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lw Venture LLC · 4 yrs held
Lw Venture LLC
since 2022
Last sale
$10.5M
2 recorded transactions
Zoning & alternative use
C-2 · Cave Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,133
Tax year 2023
Assessed value
$148,847
Assessed 2024
Previous assessed
$125,341
+18.8% YoY
Effective rate
4.79%
On assessed value
Land market value
$232,400
Improvement market value
$669,700
Total market value
$902,100
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
2000
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
5,627 SF
Lot
0.4 ac (17,602 SF)
Zoning code
C-2
APN
211-88-382
UPID
US07-0384778
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
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Lw Venture LLC
Entity
Free & Clear · 4 yrs held
Mailing address
9393 N 90TH ST STE #102, SCOTTSDALE, AZ 85258-5073
Ownership since
2022
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
Apr 1, 2022
$10,500,000
Lw Venture LLC
Trc Investors LLC
Special Warranty Deed
—
Oct 16, 2017
$6,700,000
Swc 28th And Peoria Investors LLC
Watt Phoenix Associates LP
Warranty Deed
$4,700,000 · Midfirst Bank
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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