Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7138 Us Hwy 60 Gold Canyon, AZ 85118-9070
    Back to Search
    Property profile & analytics

    7138 Us Hwy 60, Gold Canyon, AZ 85118-9070

    View on Map
    • Retail space
    • 3,911 SF
    • 1.15 lot acres
    Off-Market
    Property ID
    US07-0292724
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $665,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 7138 Us Hwy 60

    Year built
    1996
    Construction
    STEEL FRAME
    Lot size
    1.15 lot acres
    Property type
    Retail space
    APN
    104-91-1130
    APU
    104911130

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 29, 2017 $3,200,000 Circle K Stores INC Sedona Pyramid LLC Grant Deed —
    Sep 28, 2017 — Sedona Pyramid LLC — Deed · related $600k · Nasser Shams
    Oct 10, 2001 $2,350,000 Canyon Star Mart Gold Aclc Business Loan Trust Grant Deed $2M · Cit Small Business Lending Co
    — — Sedona Pyramid LLC — Deed Of Trust · related $600k · Nasser Shams

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $640,000
      6.5%
      $590,000
      7%
      $550,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $645,000
      Market price range: $255k - $645k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $815,000
      Current use
      COMMERCIAL (GENERAL)
      $840,000
      Change: +4% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gold Canyon
    County
    Pinal
    State
    Arizona
    Longitude
    -111.467
    Latitude
    33.3584
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,688
    $89,977
    $61,433
    $151,410
    -
    $499,870
    $341,297
    $841,167

    Comparable in this City

    • Value Estimation
      $1,180,000
      7,460 SF

      6822 Kings Rnch Rd

      RETAIL STORES (PERSONAL SERVICES)
      6822 Kings Rnch Rd, Gold Canyon, AZ 85118-2930
      View Details
    • Value Estimation
      $1,285,000
      8,079 SF

      6268 Kings Rnch Rd

      RETAIL STORES (PERSONAL SERVICES)
      6268 Kings Rnch Rd, Gold Canyon, AZ 85118-7353
      View Details
    • Value Estimation
      $1,620,000
      7,460 SF

      6822 Kings Rnch Rd

      RETAIL STORES (PERSONAL SERVICES)
      6822 Kings Rnch Rd, Gold Canyon, AZ 85118-2930
      View Details
    • Value Estimation
      $1,145,000
      7,460 SF

      Gold Canyon, AZ 85118

      RETAIL STORES (PERSONAL SERVICES)
      Gold Canyon, AZ 85118
      View Details
    • Value Estimation by Request
      3,984 SF

      6499 Kings Rnch Rd

      RETAIL STORES (PERSONAL SERVICES)
      6499 Kings Rnch Rd, Gold Canyon, AZ 85118-2902
      View Details
    • Value Estimation
      $2,245,000
      14,992 SF

      6951 Kings Rnch Rd

      RETAIL STORES (PERSONAL SERVICES)
      6951 Kings Rnch Rd, Gold Canyon, AZ 85118-3012
      View Details

    Similar Nearby for Sale

    • $350,000
      1.24 Acres

      1.25 Acre Lot, No HOA

      Rare 1.25 acre lot bordering Superstition Mountain golf course.
      Calle Suenos, Apache Junction, AZ 85118
      View Details
    • $179,000
      0.37 Acres

      Gold Canyon Residential Land

      Ready-to-build lot in gated golf community with mountain views.
      8323 E Sunset View Dr, Gold Canyon, AZ 85118
      View Details
    • $550,000
      2.58 Acres

      Gold Canyon View Lot

      2.5+ acre view lot in gated Gold Canyon community.
      3842 S Summit Trl, Gold Canyon, AZ 85118
      View Details
    • $325,000
      0.55 Acres

      Gold Canyon Residential Land Parcel

      Residential land with golf course and mountain views in Gold Canyon.
      4674 S Avenida Corazon De Oro, Gold Canyon, AZ 85118
      View Details
    • $77,000

      Land For Sale

      Land available in Queen Valley, Arizona.
      1097 N Queen Mary Way, Queen Valley, AZ 85118
      View Details
    • $450,000
      1.18 Acres

      Gold Canyon Land with Mountain Views

      Premium lot with panoramic Superstition Mountain views in Gold Canyon.
      3529 S Kings Ranch Ct, Gold Canyon, AZ 85118
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      900 SF

      Retail Space in Gold Canyon

      Retail space available in Bashas’ anchored shopping center.
      5301-5331 S Superstition Mountain Dr, Gold Canyon, AZ 85118
      View Details
    • Contact for pricing
      4,000 SF

      Retail Pad Site Available

      Retail pad site for sale or ground lease available.
      6900 Us Highway 60 E, Apache Junction, AZ 85118
      View Details
    • Contact for pricing

      Retail Space with Freeway Frontage

      End cap retail space with visibility on Superstition Freeway.
      6900 E Us Highway 60, Apache Junction, AZ 85118
      View Details
    • Contact for pricing

      Commercial Pad Site For Lease

      One-acre commercial pad site available for sale or ground lease.
      6900 Us Highway 60 E, Apache Junction, AZ 85118
      View Details
    • Contact for pricing
      3,500 SF

      New Office Sublease Opportunity

      Prime commercial location with highway frontage and mountain views.
      7001 E Us Highway 60, Gold Canyon, AZ 85118
      View Details
    • Contact for pricing

      Commercial Land Near Bashas' Center

      Land with high visibility near US-60 and Superstition Mountain Drive.
      5301 S Superstition Mountain Dr, Gold Canyon, AZ 85118
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7138 Us Hwy 60
    Gold Canyon, AZ 85118-9070
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7138 Us Hwy 60, Gold Canyon, AZ, 85118
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!