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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Medical Office Space
500 Savage St, Wickenburg, AZ 85390-4235
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US07-0957972
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1964
Construction
CONCRETE
Total area
2,709 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C-3
APN
505-30-078B
UPID
US07-0957972
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
-
Emilio M. Justo, MD Ophthalmologist
-
Arizona Eye Institute & Cosmetic Laser Center Ophthalmology Clinic Contact Lenses Supplier
-
Emilio Martin Justo Ophthalmologist
-
Dr. Manuel Zambrano Physician
-
Daniel Roman Valdes Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$539k
Blend (final)
Blend
$535k
Owner & transaction history
See Clear Investments LLC · 20 yrs held
See Clear Investments LLC
since 2006
5 recorded transactions
Zoning & alternative use
C-3 · Wickenburg, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$855,000
+24.0%
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 Wickenburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wickenburg 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
Alternative Use
Use
Estimation
MEDICAL BUILDING
$690,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$855,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$650,000
Change: -6% · Conversion: Easy
WAREHOUSE, STORAGE
$555,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$197 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,274
Tax year 2022
Assessed value
$52,107
Assessed 2024
Previous assessed
$44,982
+15.8% YoY
Effective rate
4.36%
On assessed value
Land market value
$67,700
Improvement market value
$248,100
Total market value
$315,800
Applied tax rate
91,800.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1964
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
2,709 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C-3
APN
505-30-078B
UPID
US07-0957972
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Wickenburg, AZ
Zoning C-3 · permitted uses
C-3 · Wickenburg, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wickenburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$690,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$855,000
OFFICE BUILDING
Est. value
$650,000
WAREHOUSE, STORAGE
Est. value
$555,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1964
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
See Clear Investments LLC
Entity
Mailing address
6400 N 61ST PL, PARADISE VALLEY, AZ 85253-4227
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2006
—
See Clear Investments LLC
Justo,emilio M
Warranty Deed
related
—
Jul 2, 1998
—
Emilio M Justo
—
Deed Of Trust
related
$2,217,000 · Money Store Commercial Mtg
Nov 14, 1994
$155,000
Emilio M Justo
Kliewer
Grant Deed
$115,000 · Chase Bank Of Arizona
—
—
Emilio M Justo
—
Deed Of Trust
related
$115,000 · Community Bank NA
—
—
Emilio M Justo
—
Deed Of Trust
related
$262,500 · Zions First National Bank
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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