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Property profile & analytics
OFF-MARKET
Retail space
608 Monroe Ave Buckeye, AZ 85326-2808
Individually Owned
7-yr Hold
Free & Clear
Property ID
US07-1253491
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
STEEL FRAME
Total area
1,000 SF
Lot
0.09 ac (4,042 SF)
Zoning code
C-C
APN
400-21-150B
UPID
US07-1253491
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
-
Super Cigar & Smoke Shop (Bike/Boat/Book/etc) Store
-
Essential Roofing Guys Buckeye Roofing Company 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
Venkat Ramasamy · 7 yrs held
Venkat Ramasamy
since 2018
7 recorded transactions
Zoning & alternative use
C-C · Buckeye, AZ
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 Buckeye submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buckeye 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,403
Tax year 2022
Assessed value
$34,040
Assessed 2024
Previous assessed
$27,982
+21.6% YoY
Effective rate
7.06%
On assessed value
Land market value
$73,600
Improvement market value
$132,700
Total market value
$206,300
Applied tax rate
330,215.0000
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
1986
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
1,000 SF
Lot
0.09 ac (4,042 SF)
Zoning code
C-C
APN
400-21-150B
UPID
US07-1253491
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Buckeye, AZ
Zoning C-C · permitted uses
C-C · Buckeye, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buckeye. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Venkat Ramasamy
Individual
Free & Clear · 7 yrs held
Mailing address
608 E MONROE AVE, BUCKEYE, AZ 85326-2808
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2018
—
Venkat Ramasamy
Murugappan V Trust
Warranty Deed
related
—
Dec 26, 2012
$87,000
Buckeye Express Foods LLC F
Wellcs Fargo Bank NA
Grant Deed
—
Mar 7, 2012
$130,500
Wells Fargo Bk NA
Jenkins William S JR
Trustees Deed
related
—
Dec 28, 2006
$190,000
Memphis Best Bbq LLC
Ronald Roberts
Warranty Deed
$178,900 · Wells Fargo Bank NA
Nov 20, 2006
$140,000
Ronald D Roberts
Jethro Peabody Investments LLC
Warranty Deed
—
Nov 13, 1996
$45,501
Fay,jerry
Phoenix Equity Partners 2
Trustees Deed
$19,500 · Hilton Financial Group
Aug 27, 1993
$28,000
Gary R Colvin
Beard
Grant Deed
$28,000 · Seller Carry Back
Sep 30, 1991
—
Beard Edmond L
Valley National
Grant Deed
related
—
—
—
Loy Foods Stores INC
—
Deed Of Trust
related
$470,000 · Blx Capital LLC
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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