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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Office buildings
36800 Sidewinder Rd C24 Carefree, AZ 85377-4305
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-2174176
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
STEEL FRAME
Total area
4,623 SF
Lot
0.02 ac (723 SF)
Zoning code
GO
APN
216-83-749
UPID
US07-2174176
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$917k
Blend (final)
Blend
$970k
Owner & transaction history
One Carefree Holdings LLC · 4 yrs held
One Carefree Holdings LLC
since 2021
Last sale
$1.0M
6 recorded transactions
Zoning & alternative use
GO · Carefree, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.6M
+36.6%
Neighborhood: shopping center
$1.5M
+28.2%
Medical building
$1.2M
+3.4%
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 Carefree submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carefree 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
$1,305,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,425,000
6.5%
$1,315,000
7%
$1,220,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,140,000
Current use
RETAIL STORES
$1,555,000
Change: +37% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,460,000
Change: +28% · Conversion: Difficult
MEDICAL BUILDING
$1,175,000
Change: +3% · Conversion: Easy
WAREHOUSE, STORAGE
$945,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10% · vs last sale $1.02M (Sep 30 2021)
Last sale anchor
$1.02M
Sep 30 2021
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
$210 / 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
$572
Tax year 2023
Assessed value
$16,682
Assessed 2024
Previous assessed
$13,974
+19.4% YoY
Effective rate
3.43%
On assessed value
Land market value
$20,200
Improvement market value
$80,900
Total market value
$101,100
Applied tax rate
932,100.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Total area
4,623 SF
Lot
0.02 ac (723 SF)
Zoning code
GO
APN
216-83-749
UPID
US07-2174176
Jurisdiction
MARICOPA
Zoning & alternative use
GO · Carefree, AZ
Zoning GO · permitted uses
GO · Carefree, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carefree. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$945,000
OFFICE BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1999
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
One Carefree Holdings LLC
Entity
Mailing address
PO BOX 4753, TUBAC, AZ 85646-4753
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
$1,018,500
One Carefree Holdings LLC
Wjm Ventures LLC
Special Warranty Deed
$763,875 · The Foothills Bank
Jul 17, 2015
$613,316
Wjm Ventures LLC
Brimet II LLC
Grant Deed
—
Aug 8, 2013
$613,316
Brimet II LLC
Redus One LLC
Grant Deed
—
Oct 26, 2012
$660,000
Redus One LLC
First American Title Ins
Trustees Deed
related
—
May 31, 2005
$1,880,000
Haddon One Holdings LLC
South Race St LLC
Warranty Deed
—
Dec 11, 2001
—
South Race St LLC
Mallett,barney L & Mary H
Quit Claim Deed
related
$1,106,182 · Compass 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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