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Property profile & analytics
OFF-MARKET
Estimated value
$1,680,000
Auto shops
3130 Short Way, Yuma, AZ 85365-7510
Individually Owned
~
Est. High Equity
Property ID
US07-2298974
Property summary
AI-generated overview
This exceptional 12,000 square foot industrial building, situated on a generous 4.05-acre lot in Yuma, Arizona, presents a compelling investment opportunity. Currently zoned for light industrial use, the property boasts impressive features including ceiling heights ranging from 13'8.5" to 16'8.5", and fourteen (14) grade-level loading doors measuring 16' wide by 14'5" high. A separate restroom building of approximately 473 square feet adds convenience. The property benefits from a Verizon cell tower lease generating additional income. Currently, the south half of the facility is leased to a tenant, with the lease expiring November 1, 2024. The asking price has been reduced to $2,190,000. The property's location in Yuma offers significant advantages, including lower regulations and property taxes compared to California, access to a large labor pool, and lower overall costs for land, wages, utilities, and taxes. Yuma's strategic location near the California/Arizona/Mexico borders, coupled with its proximity to major transportation arteries (I-8 and US-95), and the San Luis Port of Entry, provides unparalleled access to regional and international markets. The property's APN is 696-29-016.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2005
Construction
STEEL FRAME
Total area
12,000 SF
Lot
4.05 ac (176,418 SF)
Zoning code
5
APN
696-29-016
UPID
US07-2298974
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
-
Ruan Transportation Management Systems Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.68M
Owner & transaction history
Bruce D Schmidt
Bruce D Schmidt
since 2025
Last sale
$2.3M
2 recorded transactions
Zoning & alternative use
5 · Yuma, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.2M
+80.0%
Retail stores
$1.6M
+37.5%
Neighborhood: shopping center
$1.3M
+10.5%
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 Yuma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yuma 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
$1,720,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,195,000
Current use
COMMERCIAL (GENERAL)
$2,150,000
Change: +80% · Conversion: Moderate
RETAIL STORES
$1,640,000
Change: +37% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,320,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.68M
Range $1.51M – $1.85M · ±10% · vs last sale $2.25M (Aug 5 2022)
Last sale anchor
$2.25M
Aug 5 2022
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
$140 / 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
$18,627
Tax year 2023
Assessed value
$172,777
Assessed 2023
Previous assessed
$169,389
+2.0% YoY
Effective rate
10.78%
On assessed value
Assessed land
$41,881
Assessed improvement
$130,896
Land market value
$255,150
Improvement market value
$797,462
Total market value
$1,052,612
Applied tax rate
79.0000
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
2005
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
12,000 SF
Lot
4.05 ac (176,418 SF)
Zoning code
5
APN
696-29-016
UPID
US07-2298974
Jurisdiction
YUMA
Zoning & alternative use
5 · Yuma, AZ
Zoning 5 · permitted uses
5 · Yuma, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yuma. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$2.2M
RETAIL STORES
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2005
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
4.05 ac
Current owner
From public records · entity-resolved
Bruce D Schmidt
Individual
Mailing address
22 MDW ST, EAST HARTFORD, CT 06108-3216
Ownership since
2025
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
Aug 7, 2025
$2,000,000
Bruce D Schmidt
3 Fairview Run LLC
Special Warranty Deed
$1,019,103 · Avenir Financial FCU
Aug 5, 2022
$2,250,000
3 Farview Run LLC
Shortway LLC
Warranty Deed
$1,938,000 · Farm Credit East Aca
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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