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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Bars & Pubs
42016 Old Mine Rd, Cave Creek, AZ 85331-2876
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-0114615
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
2016
Construction
CONCRETE
Total area
1,547 SF
Lot
0.61 ac (26,710 SF)
Zoning code
C-C
APN
219-12-212B
UPID
US07-0114615
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
-
Raven's View Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$755k
Blend (final)
Blend
$730k
Owner & transaction history
Kymberly Westhoff · 7 yrs held
Kymberly Westhoff
since 2019
5 recorded transactions
Zoning & alternative use
C-C · 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
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
RESTAURANT
$880,000
Current use
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$472 / 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
$2,687
Tax year 2023
Assessed value
$88,839
Assessed 2024
Previous assessed
$69,972
+27.0% YoY
Effective rate
3.02%
On assessed value
Land market value
$238,300
Improvement market value
$300,116
Total market value
$538,416
Applied tax rate
930,006.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
2016
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
1,547 SF
Lot
0.61 ac (26,710 SF)
Zoning code
C-C
APN
219-12-212B
UPID
US07-0114615
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Cave Creek, AZ
Zoning C-C · permitted uses
C-C · Cave Creek, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cave Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$880,000
RESTAURANT Current
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
2016
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Kymberly Westhoff
Individual
Mailing address
42016 N OLD MINE RD, CAVE CREEK, AZ 85331-2876
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
Jul 2, 2019
$660,000
Kymberly Westhoff
Monk & Willies LLC
Grant Deed
$575,000 · Monk & Willie's LLC
Aug 22, 2014
—
Monk & Willies LLC
Rawles,thomas V & Linda
Quit Claim Deed
related
—
Feb 18, 2014
$63,850
Thomas V Rawles
Datingaling,josefina
Warranty Deed
—
Mar 29, 2006
—
Datingaling,josefina
Abas,lazaro R
Quit Claim Deed
related
$20,000 · Lazaro R Abas
Jun 29, 2004
$63,500
Josefina Datingaling
Foothill Investments INC
Warranty 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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