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Property profile & analytics
OFF-MARKET
Retail space
550 Willow St Globe, AZ 85501-2524
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-3431707
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1966
Construction
CONCRETE BLOCKS
Total area
2,710 SF
Lot
0.2 ac (8,712 SF)
APN
208-03-338
UPID
US07-3431707
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
-
Azteca Glass East, Inc. Hardware & Home Improvement Home Decor Store
-
Crown Glass Solutions Auto Glass & Tint Auto Repair Shop (Bike/Boat/Book/etc) Store
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
James R Langley JR · 5 yrs held
James R Langley JR
since 2020
Last sale
$235,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Globe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Globe 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
$1,967
Tax year 2023
Assessed value
$30,251
Assessed 2024
Previous assessed
$30,129
+0.4% YoY
Effective rate
6.50%
On assessed value
Assessed land
$1,678
Assessed improvement
$28,573
Land market value
$9,323
Improvement market value
$158,740
Total market value
$168,063
Applied tax rate
150.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1966
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
2,710 SF
Lot
0.2 ac (8,712 SF)
APN
208-03-338
UPID
US07-3431707
Jurisdiction
GILA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1966
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
James R Langley JR
Individual
Mailing address
PO BOX 725, MIAMI, AZ 85539-0725
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2020
$235,000
James R Langley JR
Arizona Realty Ventures Ll
Grant Deed
$215,000 · Arizona Realty Ventures
Aug 21, 2019
$95,000
Arizona Realty Ventures LLC
Raley Living Trust
Grant Deed
$85,000 · Robert Decker Cpa PC
Apr 25, 2005
—
Dash Automotive INC
Bennett,ronald M SR
Warranty Deed
$200,000 · National Bank Of Arizona
Apr 25, 2005
$212,184
Automotive Dash
Bennett,ronald M
Warranty Deed
related
—
Jul 10, 1996
$200,000
James Bennett
James,david & Sandra B
Grant Deed
related
$200,000 · Seller
—
—
Ronald M Bennett
—
Deed Of Trust
related
$275,000 · National Bank Arizona
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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