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    Property profile & analytics

    5355 Carefree Hwy Cave Creek, AZ 85331-1004

    • Strip malls
    • 7,112 SF
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    $4,595,000
    Last Sale
    Dec 18, 2020
    $4,804,520
    Location Intelligence
    Property ID
    US07-2345406
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chipotle Mexican Grill / Mexican Restaurant / Caterer
    • Mostafa Hedayat, DMD / Dentist
    • Nekter Juice Bar / Restaurant / Açaí Shop
    • Black Mountain Dental Care / Dentist
    • Russell J. Morrow, DDS / Dentist

    Property Details for 5355 Carefree Hwy

    Year built
    2019
    Construction
    STEEL FRAME
    Lot size
    1.04 lot acres
    Property size
    7,112 SF
    Zone code
    GC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    211-46-036A
    APU
    21146036A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,945,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,015,000
      6.5%
      $5,185,000
      7%
      $5,235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,720,000
      Geo Method
      $5,470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,655,000
      Retail
      $4,290,000
      Mixed-Use
      $4,835,000
      Hospitality
      $5,490,000
      Educational
      $4,830,000
      Residential Income
      $5,375,000
      Energy
      $5,415,000
      Income-Based Land
      $4,380,000
      Food Service
      $5,130,000

    Location Insight

    • Map
    • Local Demand
    City
    Cave Creek
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.967
    Latitude
    33.7987
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $8,676
    $0.00
    $0.00
    $283,701
    -
    $484,500
    $1,234,900
    $1,719,400

    Comparable in this City

    • Value Estimation by Request
      14,125 SF

      7100 Cave Crk Rd Ste, Unit 142

      SHOPPING CENTER, STRIP CENTER • 14,125 SF
      7100 Cave Crk Rd Ste, Cave Creek, AZ 85331-4311
      View Details
    • Value Estimation by Request
      9,600 SF

      7100 Cave Crk Rd Ste, Unit 156

      SHOPPING CENTER, STRIP CENTER • 9,600 SF
      7100 Cave Crk Rd Ste, Cave Creek, AZ 85331-4313
      View Details
    • Value Estimation by Request
      14,125 SF

      7038 Cave Crk Rd

      SHOPPING CENTER, STRIP CENTER • 14,125 SF
      7038 Cave Crk Rd, Cave Creek, AZ 85331
      View Details
    • Value Estimation by Request
      19,000 SF

      29850 Tatum Blvd

      SHOPPING CENTER, STRIP CENTER • 19,000 SF
      29850 Tatum Blvd, Cave Creek, AZ 85331-5867
      View Details
    • Value Estimation by Request
      11,760 SF

      29445 Cave Crk Rd

      SHOPPING CENTER, STRIP CENTER • 11,760 SF
      29445 Cave Crk Rd, Cave Creek, AZ 85331
      View Details
    • Value Estimation
      $145,000
      6,500 SF

      7100 Cave Crk Rd Ste, Unit 131

      SHOPPING CENTER, STRIP CENTER • 6,500 SF
      7100 Cave Crk Rd Ste, Cave Creek, AZ 85331-4308
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      1,807 SF

      Retail Space in Cave Creek

      Retail spaces available in an Ace Hardware anchored center.
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      Retail Space in Cave Creek

      Retail space available in shopping center anchored by Safeway.
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    • Contact for pricing
      1,516 SF

      Retail Space in Growing Community

      Retail spaces available in Ace Hardware anchored shopping center.
      28242 N Tatum Blvd, Cave Creek, AZ 85331
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    • Contact for pricing
      1,934 SF

      Retail Space in Cave Creek

      Retail spaces available in an Ace Hardware anchored shopping center.
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      38,925 SF

      Cave Creek Retail Center Investment

      Prime Retail Space, 850 Acres
      4705 Carefree Hwy, Cave Creek, AZ 85331
      View Details
    • Contact for pricing
      2,740 SF

      Retail Space in Home Depot Center

      Retail space available in high-traffic shopping center.
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      View Details
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    Cave Creek, AZ 85331-1004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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