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Property profile & analytics
OFF-MARKET
Estimated value
$31,035,000
Outlet malls
34399 Cave Crk Rd Cave Creek, AZ 85331-5134
Entity Owned
Absentee Owner
Free & Clear
Property ID
US07-1848224
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2011
Construction
CONCRETE
Total area
125,118 SF
Lot
17.94 ac (781,276 SF)
Zoning code
GC
APN
211-46-334
UPID
US07-1848224
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
-
Walmart Supercenter Department Store
-
Jackson Hewitt Tax Service Accounting Firm Tax Preparation
-
Walmart Business Center (Bike/Boat/Book/etc) Store
-
MoneyGram Bank Credit Union
-
Coinstar Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$31.38M
Blend (final)
Blend
$31.04M
Owner & transaction history
WAL MART STORES INC
WAL MART STORES INC
Zoning & alternative use
GC · Cave Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ApacheWash Area which is contiguous to the existing Town limits 05/18/2009 O2009-09 Amending Zoning Map by rezoning parcels 211-46-025D, 211-46-004B and 211-46-004A, from Desert Rural (DR-43) to General Commercial (GC) Ordinance adopted on 6/22/2009 Referendum filed - Special Election held on 11-3-2009 Ordinance effective 11-09-2009 O2009-12 Amending Zoning…
Zone name
General Commercial
General category
MIXED_USE
Zone area
197.71 ac
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
RETAIL STORES
$42,090,000
Current use
Blend value · Realmo final
$31.04M
Range $27.93M – $34.14M · ±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
$248 / 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
$112,046
Tax year 2023
Assessed value
$3,269,991
Assessed 2024
Previous assessed
$3,048,304
+7.3% YoY
Effective rate
3.43%
On assessed value
Land market value
$7,478,000
Improvement market value
$12,340,128
Total market value
$19,818,128
Applied tax rate
932,200.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2011
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Total area
125,118 SF
Lot
17.94 ac (781,276 SF)
Zoning code
GC
APN
211-46-334
UPID
US07-1848224
Jurisdiction
MARICOPA
Zoning & alternative use
GC · Cave Creek, AZZoning GC · permitted uses
GC · Cave Creek, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ApacheWash Area which is contiguous to the existing Town limits 05/18/2009 O2009-09 Amending Zoning Map by rezoning parcels 211-46-025D, 211-46-004B and 211-46-004A, from Desert Rural (DR-43) to General Commercial (GC) Ordinance adopted on 6/22/2009 Referendum filed - Special Election held on 11-3-2009 Ordinance effective 11-09-2009 O2009-12 Amending Zoning Ordinance - Chapter 16 - Special Events By deleting the chapter i
Zone name
General Commercial
General category
MIXED_USE
Zone area
197.71 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$42.1M
RETAIL STORES 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
2011
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Lot
17.94 ac
Current owner
From public records · entity-resolved
WAL MART STORES INC
Entity
Free & Clear · 0 yrs held
Mailing address
1301 SE 10TH ST, BENTONVILLE, AR 72712-7998
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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