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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Commercial real estate
44512 New Riv Rd New River, AZ 85087-7912
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-1508014
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1991
Construction
STEEL FRAME
Total area
1,794 SF
Lot
3 ac (130,760 SF)
Zoning code
RU-43
APN
202-21-125F
UPID
US07-1508014
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
$1.24M
Blend (final)
Blend
$1.12M
Owner & transaction history
Rick Plummer · 5 yrs held
Rick Plummer
since 2020
7 recorded transactions
Zoning & alternative use
RU-43 · New River, 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 New River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New River 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
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±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
$622 / 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
$3,279
Tax year 2023
Assessed value
$46,089
Assessed 2024
Previous assessed
$38,312
+20.3% YoY
Effective rate
7.11%
On assessed value
Land market value
$49,689
Improvement market value
$284,536
Total market value
$334,225
Applied tax rate
970,001.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1991
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
1,794 SF
Lot
3 ac (130,760 SF)
Zoning code
RU-43
APN
202-21-125F
UPID
US07-1508014
Jurisdiction
MARICOPA
Zoning & alternative use
RU-43 · New River, AZZoning RU-43 · permitted uses
RU-43 · New River, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1991
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
3 ac
Current owner
From public records · entity-resolved
Rick Plummer
Individual
Mailing address
33619 W GOLD NUGGET LN, WICKENBURG, AZ 85390-1607
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2020
—
Rick Plummer
Jeremy Buhler
Warranty Deed
—
Nov 4, 2020
$875,000
Christine Lytle
Rick Plummer
Warranty Deed
—
Mar 15, 2017
$545,500
Rick Plummer
Spriggs,stacy
Warranty Deed
$395,500 · Stacy Spriggs
Jul 18, 2013
—
Stacy Spriggs
Spriggs,james
Quit Claim Deed
related
—
Nov 21, 2012
$105,000
James Spriggs
Myers,darcy
Warranty Deed
—
Oct 16, 2012
$57,600
Darcy Myers
Huls,douglas M
Warranty Deed
—
Nov 1, 2006
—
Douglas M Huls
Huls,douglas M
Quit Claim Deed
related
—
—
—
Stacy Spriggs
—
Deed Of Trust
related
$125,000 · New Horizon 401(k) Psp/tr (ct)
—
—
Douglas M Huls
—
Deed Of Trust
related
$25,000 · Cnn Mortgage INC
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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