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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Office buildings
441 1st Ave Yuma, AZ 85364-2227
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-1673158
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Construction
STEEL FRAME
Total area
947 SF
Lot
0.41 ac (17,845 SF)
Zoning code
TR
APN
633-51-164
UPID
US07-1673158
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
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
1st Ave Downtown LLC · 2 yrs held
1st Ave Downtown LLC
since 2023
Last sale
$500,000
6 recorded transactions
Zoning & alternative use
TR · Yuma, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$390,000
+83.1%
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 Yuma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yuma 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
$605,000
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$390,000
Change: +83% · Conversion: Easy
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $500k (Aug 18 2023)
Last sale anchor
$500k
Aug 18 2023
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
$554 / 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
$1,286
Tax year 2023
Assessed value
$10,276
Assessed 2023
Previous assessed
$10,074
+2.0% YoY
Effective rate
12.51%
On assessed value
Assessed land
$2,724
Assessed improvement
$7,552
Land market value
$44,100
Improvement market value
$122,293
Total market value
$166,393
Applied tax rate
170.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1920
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Rooms
3
Bathrooms
1
Total area
947 SF
Lot
0.41 ac (17,845 SF)
Zoning code
TR
APN
633-51-164
UPID
US07-1673158
Jurisdiction
YUMA
Zoning & alternative use
TR · Yuma, AZ
Zoning TR · permitted uses
TR · Yuma, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yuma. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$390,000
MEDICAL BUILDING
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
1920
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Rooms
3
Bathrooms
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
1st Ave Downtown LLC
Entity
Mailing address
12620 S AVE 4TH 1ST 2ND E, YUMA, AZ 85365
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2025
—
1st Ave Downtown LLC
—
Deed
related
$328,000 · Avenir Financial FCU
Aug 18, 2023
$500,000
1st Ave Downtown LLC
Dave Kreutzman
Warranty Deed
$340,000 · Dave Kreutzman
Mar 5, 2019
$205,000
Dave Kreutzman
Pilkington Family LP
Grant Deed
$153,750 · Jorge Holland
Dec 30, 2009
$202,000
Pilkington Family Limited P
Vatterott-grogan,jeanne
Warranty Deed
—
Mar 12, 2007
—
City Of Yuma
Vatterott-grogan,jeanne
Quit Claim Deed
related
—
Mar 31, 2006
$125,000
Jeanne Vatterott-grogan
Cedillo,frank & Mary
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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