You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,930,000
Office buildings

7208 Cave Crk Rd C Carefree, AZ 85377-9660

11,535 SF 0.02 ac lot Built 2007
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US07-2153634
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2007
Construction STEEL FRAME
Total area 11,535 SF
Lot 0.02 ac (944 SF)
Zoning code GO
APN 216-88-130
UPID US07-2153634
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
$1.93M
Blend (final) Blend
$1.93M
Owner & transaction history
Morris Hall Properties II LLC · 8 yrs held
Morris Hall Properties II LLC
since 2018
3 recorded transactions
2018
Price N/A
2014
$375,000
2009
Price N/A
Zoning & alternative use
GO · 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 Garden Office
General category UNKNOWN
Zone area 16.13 ac
Source APPENDIX A ZONING CODE
Top alternative use upside
Medical building $2.9M +3.4%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7208 Cave Crk Rd, Unit C?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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