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Property profile & analytics
OFF-MARKET
Parking lots & garages
5004 Westland Rd Cave Creek, AZ 85331-5114
Individually Owned
23-yr Hold
Property ID
US07-0280073
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1980
Construction
STEEL FRAME
Total area
672 SF
Lot
0.79 ac (34,518 SF)
Zoning code
R-35
APN
211-46-134
UPID
US07-0280073
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
-
Worth Decorating Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nancy Webber · 23 yrs held
Nancy Webber
since 2002
7 recorded transactions
Zoning & alternative use
R-35 · Cave Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
located within the geographic area served by the Town-owned public utility 11/06/1995 95-20 Amending the Zoning Map to change parcel 211-05-007A from Single Family Residential, one dwelling unit per 35,000 sq. ft. (R-35) to Desert Rural Single Family Residential, one dwelling unit per 190,000 sq. ft. (D-5A) 12/05/1995
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
630.99 ac
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 Cave Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cave Creek 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$560
Tax year 2023
Assessed value
$29,083
Assessed 2024
Previous assessed
$20,570
+41.4% YoY
Effective rate
1.93%
On assessed value
Land market value
$244,600
Improvement market value
$46,233
Total market value
$290,833
Applied tax rate
932,200.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
672 SF
Lot
0.79 ac (34,518 SF)
Zoning code
R-35
APN
211-46-134
UPID
US07-0280073
Jurisdiction
MARICOPA
Zoning & alternative use
R-35 · Cave Creek, AZZoning R-35 · permitted uses
R-35 · Cave Creek, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
located within the geographic area served by the Town-owned public utility 11/06/1995 95-20 Amending the Zoning Map to change parcel 211-05-007A from Single Family Residential, one dwelling unit per 35,000 sq. ft. (R-35) to Desert Rural Single Family Residential, one dwelling unit per 190,000 sq. ft. (D-5A) 12/05/1995
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
630.99 ac
Building & site characteristics
From public records
Year built
1980
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Nancy Webber
Individual
Mailing address
5004 E WESTLAND RD, CAVE CREEK, AZ 85331-5114
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2002
$164,500
Nancy Webber
Grollemond,dianne
Grant Deed
$147,800 · Irwin Mortgage Corp
May 25, 2001
—
Westland Trust
Grollemond,dianne M
Quit Claim Deed
related
—
Dec 19, 2000
—
Dianne M Grollmond
Westland Trust
Quit Claim Deed
related
$136,000 · Mortgage Lenders Network USA
Jul 23, 1999
—
Westland Trust
Timothy Thomis Trustee
Grant Deed
related
—
Apr 1, 1997
$115,000
Dianne Grollemond
Dennis R Sirley
Grant Deed
$109,250 · Mortgage Approved INC
Jun 1, 1995
$107,500
Dennis R Shirley
Salvatore A Cannizzo
Grant Deed
$50,000 · Franklin Mortgage
May 20, 1994
—
Salvatore A Cannizzo
Cannizzo
Quit Claim Deed
related
$52,300 · Banc One Mortgage Corp
May 2, 1988
$11,250
Salvato Cannizzo
—
Deed Of Trust
related
—
—
—
Salvatore A Cannizzo
—
Deed Of Trust
related
$25,000 · Sunwest FCU
—
—
Dennis R Shirley
—
Deed Of Trust
related
$15,000 · Crossland Mortgage Corp
—
—
Salvatore A Cannizzo
—
Deed Of Trust
related
$50,000 · Sunwest FCU
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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