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Property profile & analytics
OFF-MARKET Estimated value $3,025,000
Office buildings

37636 Tom Darlington Dr Carefree, AZ 85377-4495

6,536 SF 0.32 ac lot Built 1981
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US07-0411407
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Construction CONCRETE
Total area 6,536 SF
Lot 0.32 ac (14,112 SF)
Zoning code C
APN 216-83-279
UPID US07-0411407
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
$3.03M
Blend (final) Blend
$3.03M
Owner & transaction history
Mariachi Investments LLC · 11 yrs held
Mariachi Investments LLC
since 2014
7 recorded transactions
2014
$1.5M
2011
Price N/A
2009
$1.5M
2001
Price N/A
1999
$2.5M
1994
Price N/A
1969
Price N/A
Zoning & alternative use
C · Carefree, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Uses allowed in each zoning district, residential (Rural-190 through R-3) , Lodging (L), Garden Office (GO), and Commercial (C). (Ord. #2005-05, Ord. #2006-05) ZONING DISTRICT USES ALLOWED Rural- 190 Rural- 70 Rural- 43 R1-35 R1-18 R1-10 R-3 L GO C ZONING DISTRICT USES ALLOWED Rural- 190 Rural- 70 Rural- 43 R1-35 R1-18 R1-10 R-3 L GO C Airports, Existing S 1…

Zone name Commercial
General category COMMERCIAL
Zone area 97.00 ac
Source APPENDIX A ZONING CODE
Top alternative use upside
Restaurant $3.7M +131.5%
Auto repair, garage $2.9M +80.3%
Retail stores $2.2M +36.6%
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