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Property profile & analytics
OFF-MARKET
Estimated value
$2,530,000
Commercial real estate
621 Commerce Dr Benson, AZ 85602-6696
Entity Owned
6-yr Hold
Free & Clear
Property ID
US07-2328285
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1997
Construction
STEEL FRAME
Total area
28,583 SF
Lot
2.51 ac (109,336 SF)
APN
123-08-122C
UPID
US07-2328285
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.66M
CAP Approach
CAP
$2.76M
Comparable Approach
Comparable
$3.01M
Blend (final)
Blend
$2.53M
Owner & transaction history
Benson Hotel LLC · 6 yrs held
Benson Hotel LLC
since 2020
Last sale
$2.1M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.8M
+47.8%
Medical building
$3.1M
+22.8%
Retail stores
$2.7M
+5.7%
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 Benson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Benson 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
$2,585,000
ML approach
$2,655,000
CAP Approach
CAP Return
Estimation
6%
$2,985,000
6.5%
$2,755,000
7%
$2,560,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,540,000
Current use
OFFICE BUILDING
$3,755,000
Change: +48% · Conversion: Easy
MEDICAL BUILDING
$3,120,000
Change: +23% · Conversion: Easy
RETAIL STORES
$2,685,000
Change: +6% · Conversion: Easy
WAREHOUSE, STORAGE
$2,255,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$2.53M
Range $2.28M – $2.78M · ±10% · vs last sale $2.08M (Feb 14 2020)
Last sale anchor
$2.08M
Feb 14 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
$89 / 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
$21,801
Tax year 2023
Assessed value
$337,484
Assessed 2024
Previous assessed
$306,098
+10.3% YoY
Effective rate
6.46%
On assessed value
Assessed land
$26,241
Assessed improvement
$311,243
Land market value
$174,937
Improvement market value
$2,074,950
Total market value
$2,249,887
Applied tax rate
980.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Stories
2
Total area
28,583 SF
Lot
2.51 ac (109,336 SF)
APN
123-08-122C
UPID
US07-2328285
Jurisdiction
COCHISE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.5M
OFFICE BUILDING
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.1M
RETAIL STORES
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.3M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1997
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Stories
2
Lot
2.51 ac
Current owner
From public records · entity-resolved
Benson Hotel LLC
Entity
Free & Clear · 6 yrs held
Mailing address
12419 N WING SHADOW LN, MARANA, AZ 85658-4718
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2020
$2,080,000
Benson Hotel LLC
Namo Hospitality LLC
Warranty Deed
—
Jul 21, 2016
$975,000
Namo Hospitality LLC
Asp Benson INC
Warranty Deed
$1,177,000 · First Security Bank Of Nevada
—
—
Asp Benson INC
—
Deed Of Trust
related
$1,003,176 · Wfb NA
—
—
Asp Benson INC
—
Deed Of Trust
related
$500,000 · Canyon Cmnty 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.
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