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Property profile & analytics
OFF-MARKET
Commercial land
37421 Cave Crk Rd Cave Creek, AZ 85331-8856
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-2675336
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.69 ac (30,187 SF)
Zoning code
C-T
APN
211-14-041B
UPID
US07-2675336
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Andrus Properties INC · 1 yrs held
Andrus Properties INC
since 2025
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
C-T · 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
$1,637
Tax year 2023
Assessed value
$37,710
Assessed 2024
Previous assessed
$37,710
+0.0% YoY
Effective rate
4.34%
On assessed value
Land market value
$251,400
Total market value
$251,400
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.69 ac (30,187 SF)
Zoning code
C-T
APN
211-14-041B
UPID
US07-2675336
Jurisdiction
MARICOPA
Zoning & alternative use
C-T · Cave Creek, AZZoning C-T · permitted uses
C-T · 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
Heating
NONE
Lot
0.69 ac
Current owner
From public records · entity-resolved
Andrus Properties INC
Entity
Free & Clear · 1 yrs held
Mailing address
37421 N CAVE CRK RD, CAVE CREEK, AZ 85331-8856
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2025
$450,000
Andrus Properties INC
37421 N Cave Creek Road LLC
Warranty Deed
—
Aug 21, 2023
$350,000
37421 N Cave Creek Road LLC
Zuhra Hamdan
Warranty Deed
—
Dec 16, 2009
—
Venetucci Family Ents LLC
Venetucci,anthony F & Mary C
Quit Claim Deed
related
—
Jun 24, 2004
—
Zuhra Hamdam
Hamdam,nasser
Quit Claim Deed
related
—
May 13, 2004
—
Steinmetz,tr
Leparulo,tr
Grant Deed
related
—
May 19, 2000
—
Nasser M Hamdan
Hamdan,zuhra
Quit Claim Deed
related
—
May 2, 1997
$95,000
Zuhra Hamdan
Robert Stolper
Grant Deed
—
May 28, 1987
$45,000
Laura E Et Barry
Stolp
Grant Deed
—
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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