Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    34755 51St St Cave Creek, AZ 85331

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    34755 51St St Cave Creek, AZ 85331

    View on Map
    • Distribution centers
    Off-Market
    Property ID
    US07-1702228
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Distribution centers

    Property Details for 34755 51St St

    Property type
    Distribution centers

    Description

    This exceptional 10,000-square-foot warehouse in Cave Creek, Arizona, presents a unique opportunity for businesses seeking efficient and secure storage solutions. Located at 34755 N 51st St, 85331, this single-tenant industrial property boasts a prime location directly off Carefree Highway, providing easy access to major transportation routes including Highways 17, 51, and 101. The warehouse features a fully sprinklered interior, ensuring maximum safety for stored goods and equipment. The space includes built-in storage shelves, optimizing organization and maximizing capacity. With its ample size, this warehouse is perfectly suited for a variety of uses, including inventory storage, and could easily accommodate a large collection of vehicles (over 50 cars). Its convenient location offers proximity to essential amenities such as hardware stores, supermarkets, and restaurants, enhancing operational efficiency. This property combines accessibility, safety, and functionality, making it an ideal choice for businesses or individuals requiring substantial storage space in a well-connected and convenient location within Maricopa County. Don't miss this chance to secure this exceptional warehouse space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cave Creek
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9714062
    Latitude
    33.8007582

    Comparable in this City

    • Contact for pricing
      1,807 SF

      Retail Space in Cave Creek

      Retail spaces available in an Ace Hardware anchored center.
      28212-28220 N Tatum Blvd, Cave Creek, AZ 85331
      View Details
    • Contact for pricing
      40,500 SF

      New Retail Development Opportunity

      Retail space available in high-growth, high-income area.
      Cave Creek Rd, Cave Creek, AZ 85331
      View Details
    • Contact for pricing
      1,227 SF

      Retail Space in Cave Creek

      Retail space available in shopping center anchored by Safeway.
      29834 N Cave Creek Rd, Cave Creek, AZ 85331
      View Details
    • Contact for pricing
      2,477 SF

      Retail Space in Cave Creek

      Retail, medical, and office suites available in Cave Creek.
      28244 N Tatum Blvd, Cave Creek, AZ 85331
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Turnkey retail space suitable for a variety of users.
      28325 N Tatum Blvd, Cave Creek, AZ 85331
      View Details
    • Contact for pricing

      Retail Space Available in Cave Creek

      Retail space available for lease in Cave Creek, Arizona.
      6528 E Cave Creek Rd, Cave Creek, AZ 85331
      View Details

    Similar Nearby for Sale

    • $550,000
      4,500 SF

      Luxury Mixed-Use Property in Cave Creek

      Exclusive mixed-use property with office, residential, and garage space.
      37202 N Cave Creek Rd, Cave Creek, AZ 85331
      View Details
    • Contact for pricing

      Cave Creek Commercial Pad Site

      Commercial pad site approved for shop space in Cave Creek.
      4816 E Carefree Hwy, Cave Creek, AZ 85331
      View Details
    • Contact for pricing

      Cave Creek Commercial Land Available

      Two acre commercial land parcel in Cave Creek, Arizona.
      50Th St, Cave Creek, AZ 85331
      View Details
    • Contact for pricing
      140,393 SF

      Operating Plant Nursery For Sale

      Plant nursery on 140,393 SF lot available for purchase.
      5335 E Dixileta Dr, Cave Creek, AZ 85331
      View Details
    • $340,000
      1,056 SF

      Corner Condo with Pool Views

      Second-floor condo in gated community with resort-style amenities.
      29606 N Tatum Blvd, Cave Creek, AZ 85331
      View Details
    • $299,000
      0.98 Acres

      Elevated View Home Site

      Scenic lot on Black Mountain with privacy and sunset views.
      6117 E Carriage Dr, Cave Creek, AZ 85331
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,740 SF

      Retail Space in Home Depot Center

      Retail space available in high-traffic shopping center.
      4935 E Carefree Hwy, Cave Creek, AZ 85331
      View Details
    • Contact for pricing
      1,174 SF

      Retail Space in Tatum Ranch

      Retail space in affluent Tatum Ranch area for lease.
      30815-30853 N Cave Creek Rd, Cave Creek, AZ 85331
      View Details
    • $29 SF/Yr
      13,813 SF

      Retail Building with Drive-Thru

      Retail property in Cave Creek, Arizona, with existing drive-thru.
      5400 E Carefree Hwy, Cave Creek, AZ 85331
      View Details
    • Contact for pricing
      1,516 SF

      Retail Space in Growing Community

      Retail spaces available in Ace Hardware anchored shopping center.
      28242 N Tatum Blvd, Cave Creek, AZ 85331
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space in Growing Community

      Retail space available in a high-traffic shopping center.
      29445 N Cave Creek Rd, Cave Creek, AZ 85331
      View Details
    • Contact for pricing
      1,934 SF

      Retail Space in Cave Creek

      Retail spaces available in an Ace Hardware anchored shopping center.
      28260 N Tatum Blvd, Cave Creek, AZ 85331
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    34755 51St St
    Cave Creek, AZ 85331
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!