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Property profile & analytics
OFF-MARKET Estimated value $3,600,000
Drug stores

4890 Litchfield Rd Litchfield Park, AZ 85340-5015

13,092 SF 1.67 ac lot Built 2004
Entity Owned 2-yr Hold Free & Clear
Property ID
US07-0718022
Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2004
Construction CONCRETE
Total area 13,092 SF
Lot 1.67 ac (72,792 SF)
Zoning code NC
APN 501-68-919
UPID US07-0718022
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
  • CVS Pharmacy Pharmacy
  • CVS Photo (Bike/Boat/Book/etc) Store
  • MoneyGram Bank Credit Union
  • UPS Access Point location Courier Service Postal Service
  • Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.60M
CAP Approach CAP
$2.54M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.60M
Owner & transaction history
Gemtone INC · 2 yrs held
Gemtone INC
since 2024
Last sale
$3.6M
4 recorded transactions
2024
$3.6M
2022
$3.6M
2016
$3.5M
2005
$4.2M
Zoning & alternative use
NC · Litchfield Park, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

NEIGHBORHOOD COMMERCIAL (NC) DISTRICT See NC DISTRICT Section 21 NONCONFORMING USES Continuance permitted when, conditions alterations 32.02 continued use 32.01 special circumstances 32.04 Destruction, regulations when 32.03 Discontinuance, regulations when 32.03 Signs See SIGNS Section 35 - O - OPEN SPACE (OS) DISTRICT See OS DISTRICT Section 25 OS DISTRICT…

Zone name Neighborhood Commercial
General category COMMERCIAL
Zone area 5.14 ac
Top alternative use upside
Auto repair, garage $5.8M +32.0%
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