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Property profile & analytics
OFF-MARKET Estimated value $3,660,000
Strip malls

485 Watson Rd Buckeye, AZ 85326-3452

10,449 SF 1.2 ac lot Built 2013
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US07-1805078
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2013
Construction CONCRETE
Total area 10,449 SF
Lot 1.2 ac (52,356 SF)
Zoning code PC
APN 504-19-989A
UPID US07-1805078
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
  • The UPS Store Courier Service Postal Service
  • Baskin-Robbins Grocery & Convenience Store Specialty Food Shop
  • Pawsh Nosh Restaurant
  • Baseball Showcase Gym & Fitness Center Sports School
  • Firehouse Subs Watson Marketplace Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.85M
Blend (final) Blend
$3.66M
Owner & transaction history
Interstate Holdings INC · 11 yrs held
Interstate Holdings INC
since 2014
3 recorded transactions
2017
Price N/A
2014
$22.0M
2012
Price N/A
Zoning & alternative use
PC · Buckeye, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The PC District is designed to accommodate all land uses approved as part of a PAD or CMP, where specific uses, public services, densities, and design criteria have been identified and adopted. 2.9.5. Commercial Center (CC) May Be Converted to CMU District. The CC District is designed to accommodate a variety of commerce and specialized development, includin…

Zone name Planned Community
General category UNKNOWN
Zone area 117,413.44 ac
Source code of ordinances
Top alternative use upside
Restaurant $6.0M +80.5%
Auto repair, garage $4.6M +40.6%
Retail stores $3.5M +6.5%
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