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Property profile & analytics
FOR SALE
Retail space
6061 E Cave Creek Rd Cave Creek, AZ 85331
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-2004142
For Sale
1 / 21
$3,800,000
6061 E Cave Creek Rd, Cave Creek, AZ 85331
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Construction
STEEL FRAME
Total area
3,515 SF
Lot
0.88 ac (38,386 SF)
Zoning code
C-T
APN
211-11-044H
UPID
US07-2004142
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
-
Southwest Bedazzle Boutique (Bike/Boat/Book/etc) Store
-
Hidden Valley Creative Expressions / Patricia Miller LPC, MAAT, SEP, EMDR Physician Medical Clinic
-
Farmers Insurance - Glenn Grossman Insurance Agency
-
Mission at Cave Creek Shopping Center & Mall
-
Essence Of Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$680k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.01M
Owner & transaction history
William Arsenault · 6 yrs held
William Arsenault
since 2020
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
C-T · Cave Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
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
$1,160,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$740,000
6.5%
$680,000
7%
$635,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,180,000
Current use
AUTO REPAIR, GARAGE
$1,560,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10% · vs last sale $1.10M (Feb 12 2020)
Last sale anchor
$1.10M
Feb 12 2020
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
$287 / 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
$5,692
Tax year 2023
Assessed value
$228,164
Assessed 2024
Previous assessed
$197,557
+15.5% YoY
Effective rate
2.49%
On assessed value
Land market value
$686,800
Improvement market value
$696,010
Total market value
$1,382,810
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
For Sale
Year built
1958
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
3,515 SF
Lot
0.88 ac (38,386 SF)
Zoning code
C-T
APN
211-11-044H
UPID
US07-2004142
Jurisdiction
MARICOPA
Zoning & alternative use
C-T · Cave Creek, AZ
Zoning C-T · permitted uses
C-T · 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
RETAIL STORES Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES Current
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
1958
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
0.88 ac
Current owner
From public records · entity-resolved
William Arsenault
Individual
Mailing address
6061 E CAVE CRK RD STE #3, CAVE CREEK, AZ 85331-8517
Mailing matches property
Yes
Owner-occupied
Yes
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
Feb 12, 2020
—
William Arsenault
Mission Of Cave Creek LLC
Warranty Deed
$680,000 · William & Tracy Arsenault
Feb 12, 2020
$1,100,000
Mission At Cave Creek LLC
William Arsenault
Warranty Deed
—
Mar 9, 2018
—
Elka Wynn Holdings LLC
Youngren,elka W
Quitclaim Deed
—
Mar 10, 2017
$825,000
William M Grace
W T & J General Ptshp
Grant Deed
—
Jul 14, 2014
—
Mission Of Cave Creek LLC
Arsenault,william A JR & Tracy A
Grant Deed
—
May 2, 2008
—
William A Arsenault JR.
Hidden Valley South Forty LLC
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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