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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Commercial real estate
7205 Cave Crk Rd Carefree, AZ 85377-9639
Entity Owned
2-yr Hold
Free & Clear
Property ID
US07-1612301
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1972
Construction
STEEL FRAME
Total area
500 SF
Lot
0.22 ac (9,508 SF)
Zoning code
C-C
APN
216-83-017F
UPID
US07-1612301
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
$1.00M
Blend (final)
Blend
$880k
Owner & transaction history
Balbir Limited Partnership Number O · 2 yrs held
Balbir Limited Partnership Number O
since 2023
7 recorded transactions
Zoning & alternative use
C-C · Carefree, AZ
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 Carefree submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carefree 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$880k
Range $792k – $968k · ±10%
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
$1,760 / 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
$1,163
Tax year 2023
Assessed value
$50,028
Assessed 2024
Previous assessed
$50,028
+0.0% YoY
Effective rate
2.32%
On assessed value
Land market value
$296,000
Improvement market value
$7,200
Total market value
$303,200
Applied tax rate
932,100.0000
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
1972
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
500 SF
Lot
0.22 ac (9,508 SF)
Zoning code
C-C
APN
216-83-017F
UPID
US07-1612301
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Carefree, AZZoning C-C · permitted uses
C-C · Carefree, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
APPENDIX A ZONING CODE
Building & site characteristics
From public records
Year built
1972
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Balbir Limited Partnership Number O
Entity
Free & Clear · 2 yrs held
Mailing address
3159 W BUCKEYE RD, PHOENIX, AZ 85009-5636
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
—
Balbir Limited Partnership Number O
Wsp Carefree LLC
Deed
related
—
Nov 29, 2023
—
Balbir LP Number One LLP
Western States Petroleum INC
Warranty Deed
—
Jun 24, 2019
—
Western States Petroleum INC
—
Deed
related
$7,200,000 · Kec Family Trust (ct)
Jan 20, 2010
—
Wsp-carefree LLC
Stumpf,brian K
Quit Claim Deed
related
—
Apr 30, 1999
—
Brian K Stumpf
Paragon West LLC
Grant Deed
$168,000 · Sonoma National Bank
May 19, 1998
—
Paragon West LLC
Crimson Canyon LLC
Quit Claim Deed
related
—
Sep 5, 1996
$1,575,000
Canyon L L C Crimson
Donald Levy
Grant Deed
$1,260,000 · Seller
—
—
Western States Petroleum INC
—
Deed Of Trust
related
$7,200,000 · Kec Family Trust (ct)
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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