Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,290,000
Retail space
5734 Rancho Manana Blvd Cave Creek, AZ 85331-8513
Entity Owned
Free & Clear
Property ID
US07-0056723
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Construction
CONCRETE
Total area
3,697 SF
Lot
11.42 ac (497,629 SF)
Zoning code
R-35
APN
211-12-703C
UPID
US07-0056723
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
-
La Casita Wellness Spa Spa & Massage Center
-
Rancho Manana Golf Club Golf Course
-
Creating a Better You Hypnotherapy Alternative Medicine Practice
-
Look At Me Now Spa & Massage Center Alternative Medicine Practice
-
Cal Wadsworth Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.32M
Blend (final)
Blend
$2.29M
Owner & transaction history
Ilx Acquisition INC
Ilx Acquisition INC
since 2026
6 recorded transactions
Zoning & alternative use
R-35 · Cave Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.0M
+138.6%
Auto repair, garage
$1.6M
+32.0%
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 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
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
COMMERCIAL (GENERAL)
$2,965,000
Change: +139% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,640,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$2.29M
Range $2.06M – $2.52M · ±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
$619 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$11,988
Tax year 2023
Assessed value
$406,360
Assessed 2024
Previous assessed
$305,668
+32.9% YoY
Effective rate
2.95%
On assessed value
Land market value
$640,827
Improvement market value
$1,833,206
Total market value
$2,474,033
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
8
Stories
1
Units
8
Total area
3,697 SF
Lot
11.42 ac (497,629 SF)
Zoning code
R-35
APN
211-12-703C
UPID
US07-0056723
Jurisdiction
MARICOPA
Zoning & alternative use
R-35 · Cave Creek, AZ
Zoning 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
Cave Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1980
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
8
Units
8
Lot
11.42 ac
Current owner
From public records · entity-resolved
Ilx Acquisition INC
Entity
Free & Clear · 0 yrs held
Mailing address
5734 E RANCHO MANANA BLVD, CAVE CREEK, AZ 85331-8513
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
Apr 1, 2026
—
Ilx Acquisition INC
Cousineau Howard
Warranty Deed
—
Dec 18, 2020
—
Allred Capital Lllp
—
Deed
related
$7,750,000 · Midfirst Bk
Oct 2, 2019
—
David Kaminski SR
Kaminski,robert S & Mary A
Quitclaim Deed
related
—
Nov 8, 2018
—
Hodgson,arthur & Alice L Trust
Blueshore Holdings 2 LLC
Warranty Deed
related
—
Jul 6, 2018
—
Thomas H Olson Family LP
Lisco State Co
Quitclaim Deed
related
—
—
—
Allred Capital Lllp
—
Deed Of Trust
related
$7,750,000 · Midfirst Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5734 Rancho Manana Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
