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Property profile & analytics
OFF-MARKET Estimated value $1,005,000
Strip malls

7202 Ho Rd Carefree, AZ 85377-9606

5,664 SF 0.39 ac lot Built 1981
Entity Owned 26-yr Hold Free & Clear
Property ID
US07-0982535
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1981
Construction CONCRETE
Total area 5,664 SF
Lot 0.39 ac (16,848 SF)
Zoning code C
APN 216-83-020B
UPID US07-0982535
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$1.01M
Owner & transaction history
Sundancer Center LLC · 26 yrs held
Sundancer Center LLC
since 2000
2 recorded transactions
2000
Price N/A
1987
$290,000
Zoning & alternative use
C · Carefree, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Uses allowed in each zoning district, residential (Rural-190 through R-3) , Lodging (L), Garden Office (GO), and Commercial (C). (Ord. #2005-05, Ord. #2006-05) ZONING DISTRICT USES ALLOWED Rural- 190 Rural- 70 Rural- 43 R1-35 R1-18 R1-10 R-3 L GO C ZONING DISTRICT USES ALLOWED Rural- 190 Rural- 70 Rural- 43 R1-35 R1-18 R1-10 R-3 L GO C Airports, Existing S 1…

Zone name Commercial
General category COMMERCIAL
Zone area 97.00 ac
Source APPENDIX A ZONING CODE
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