Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    432 Watson Rd Buckeye, AZ 85326-3368

    • Community centers
    • 20,099 SF
    • 9.06 lot acres
    OFF-MARKET
    Value Estimations
    $7,535,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-2021712
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Community centers

    Property Details for 432 Watson Rd

    Year built
    2006
    Construction
    CONCRETE
    Lot size
    9.06 lot acres
    Property size
    20,099 SF
    Zone code
    PAD
    Property type
    Community centers
    APN
    504-19-956
    APU
    50419956

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $5,640,000
      6.5%
      $5,205,000
      7%
      $4,830,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,145,000
      Market price range: $2.67M - $11.6M
      AI Estimate
      $8,258,000
      Market price range: $2.17M - $10.7M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $6,350,000
      Current use
      RESTAURANT
      $11,460,000
      Change: +81% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $8,925,000
      Change: +41% Conversion: Difficult
      RETAIL STORES
      $6,760,000
      Change: +7% Conversion: Easy
      MEDICAL BUILDING
      $5,115,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Buckeye
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.557
    Latitude
    33.4428
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2015
    $142,059
    $154,245
    $832,374
    $986,619
    -
    $910,000
    $4,624,300
    $5,534,300

    Comparable in this City

    • Value Estimation
      $6,420,000
      18,000 SF

      860 Watson Rd

      MINI-MALL • 18,000 SF
      860 Watson Rd, Buckeye, AZ 85326-3431
      View Details
    • Value Estimation by Request
      43,560 SF

      Nec Watson & Yuma

      Lifestyle centers • 43,560 SF
      0 Nec Watson & Yuma, Buckeye, AZ 85326
      View Details
    • Value Estimation by Request
      0.90 Acres

      Buckeye, AZ 85326

      MINI-MALL • 0.90 Acres
      Buckeye, AZ 85326
      View Details
    • Value Estimation
      $2,855,000
      12,594 SF

      980 Watson Rd

      MINI-MALL • 12,594 SF
      980 Watson Rd, Buckeye, AZ 85326-3433
      View Details
    • Value Estimation by Request
      0.88 Acres

      Buckeye, AZ 85326

      MINI-MALL • 0.88 Acres
      Buckeye, AZ 85326
      View Details
    • Value Estimation
      $2,720,000
      12,040 SF

      818 Watson Rd

      MINI-MALL • 12,040 SF
      818 Watson Rd, Buckeye, AZ 85326-3422
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      43,560 SF

      Buckeye Retail Center Investment Opportunity

      High-traffic AZ retail space, I-10 access.
      0 Nec Watson & Yuma, Buckeye, AZ 85326
      View Details
    • Contact for pricing
      30,893 SF

      Miller Shops Plaza 1: Executive Suites

      Prime Buckeye, AZ Office Space Available
      0 Sec Southern Ave And Miller Rd, Buckeye, AZ 85326
      View Details
    • $10,800,000
      360.00 Acres

      Buckeye, AZ Commercial Land

      360 Acres Mixed-Use Development
      0 Sun Valley Pkwy, Buckeye, AZ 85326
      View Details
    • $5,000,000
      18.21 Acres

      Prime Buckeye Land - 18 Acres

      Agricultural, Commercial, & Industrial Land in Arizona
      29500 Baseline Rd, Buckeye, AZ 85326
      View Details
    • Contact for pricing
      160.48 Acres

      Prime Buckeye Commercial Land

      160 Acres, Rail Access, Employment Zone.
      0 Sec Baseline & Bruner Rds, Buckeye, AZ 85326
      View Details
    • $1,923,200
      4.42 Acres

      Buckeye Commercial Land - $1.9M

      4.42 Acres, Prime Retail/Office Location
      0 Lower Buckeye Rd, Buckeye, AZ 85326
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      31,200 SF

      Buckeye Retail Power Center Space

      Multi-anchored power center serving Phoenix's west and surrounding areas.
      500 S Watson Rd, Buckeye, AZ 85326
      View Details
    • Contact for pricing
      1,470 SF

      Buckeye Retail Space For Lease

      Grocery-anchored neighborhood center in a rapidly growing community.
      24886-25078 W Broadway Rd, Buckeye, AZ 85326
      View Details
    • Contact for pricing
      1,629 SF

      Retail Space in Power Center

      Retail space available in multi-anchored shopping center.
      430 S Watson Rd, Buckeye, AZ 85326
      View Details
    • Contact for pricing
      3,037 SF

      Anchored Power Center Retail Space

      Retail space in a multi-anchored power center.
      946 S Watson Rd, Buckeye, AZ 85326
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Power Center

      Retail space available in a multi-anchored power center.
      860 S Watson Rd, Buckeye, AZ 85326
      View Details
    • Contact for pricing
      440,275 SF

      Prime Buckeye Retail Center

      High-traffic location, multiple suites available
      & I-10 Verrado Way, Buckeye, AZ 85326
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    432 Watson Rd
    Buckeye, AZ 85326-3368
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.