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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office Spaces
41640 Smith Enke Rd, Maricopa, AZ 85138-2700
Entity Owned
7-yr Hold
Property ID
US07-2264833
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2020
Construction
STEEL FRAME
Total area
5,278 SF
Lot
0.06 ac (2,614 SF)
APN
512-02-6020
UPID
US07-2264833
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
-
Back and Bodyworks LLC Alternative Medicine Practice Spa & Massage Center
-
Nailssxmary Nail Salon
-
Hair by Giselle Hair Salon
-
The Sugar Shack (Maricopa) Spa & Massage Center Skin Care Clinic
-
Hello Sugar | Maricopa Brazilian Wax & Sugar Salon Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$671k
Blend (final)
Blend
$595k
Owner & transaction history
Mcmat Holdings LLC · 7 yrs held
Mcmat Holdings LLC
since 2019
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$810,000
+12.8%
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 Maricopa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maricopa 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
OFFICE BUILDING
$720,000
Current use
COMMERCIAL (GENERAL)
$810,000
Change: +13% · Conversion: Easy
RETAIL STORES
$695,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$113 / 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
$8,982
Tax year 2023
Assessed value
$62,221
Assessed 2025
Previous assessed
$66,640
-6.6% YoY
Effective rate
14.44%
On assessed value
Assessed land
$2,250
Assessed improvement
$59,971
Land market value
$12,500
Improvement market value
$333,172
Total market value
$345,672
Applied tax rate
2,027.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2020
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Total area
5,278 SF
Lot
0.06 ac (2,614 SF)
APN
512-02-6020
UPID
US07-2264833
Jurisdiction
PINAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$720,000
COMMERCIAL (GENERAL)
Est. value
$810,000
RETAIL STORES
Est. value
$695,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
2020
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Mcmat Holdings LLC
Entity
Mailing address
41600 W SMITH ENKE RD STE #1, MARICOPA, AZ 85138-2705
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2020
—
Mcmat Holdings LLC
—
Deed
related
$468,750 · Republicbankaz NA
May 24, 2019
$125,000
Mcmat Holdings LLC
Durkee & Co LLC
Warranty Deed
related
—
Jul 30, 2018
—
Durkee & Co LLC
—
Deed
related
$50,000 · Lky Invs LLC
Mar 30, 2016
$398,000
Durkee & Co LLC
Johnson Bk
Grant Deed
$380,000 · Lky Dev Co INC
—
—
Durkee & Co LLC
—
Deed Of Trust
related
$50,000 · Lky Invs LLC
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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