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Property profile & analytics
OFF-MARKET
Office buildings
7208 Cave Crk Rd E Carefree, AZ 85377-9660
Individually Owned
4-yr Hold
Free & Clear
Property ID
US07-2120393
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
STEEL FRAME
Total area
11,535 SF
Lot
0.03 ac (1,090 SF)
Zoning code
GO
APN
216-88-132
UPID
US07-2120393
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Susan Kallal · 4 yrs held
Susan Kallal
since 2021
Last sale
$180,000
7 recorded transactions
Zoning & alternative use
GO · Carefree, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,292
Tax year 2023
Assessed value
$40,293
Assessed 2024
Previous assessed
$34,391
+17.2% YoY
Effective rate
3.21%
On assessed value
Land market value
$48,800
Improvement market value
$195,400
Total market value
$244,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
11,535 SF
Lot
0.03 ac (1,090 SF)
Zoning code
GO
APN
216-88-132
UPID
US07-2120393
Jurisdiction
MARICOPA
Zoning & alternative use
GO · Carefree, AZ
Zoning GO · permitted uses
GO · Carefree, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carefree. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Susan Kallal
Individual
Free & Clear · 4 yrs held
Mailing address
8540 E HIGH PT DR, SCOTTSDALE, AZ 85266-1329
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2021
$180,000
Susan Kallal
Patricia K Hardy
Special Warranty Deed
—
Oct 26, 2021
—
Susan Kallal
Doug Hagensen
Intrafamily Transfer
related
—
Nov 30, 2010
—
Patricia K Hardy
Hardy,gary D
Quit Claim Deed
related
—
Oct 20, 2009
—
Gary D Hardy
Montana Vista Capital LLC
Grant Deed
—
—
—
Montana Vista Capital LLC
—
Deed Of Trust
related
$818,389 · Peachtree Capital LLC
—
—
Montana Vista Capital LLC
—
Deed Of Trust
related
$13,936 · Douglas A Dragoo
—
—
Montana Vista Capital LLC
—
Deed Of Trust
related
$80,000 · Peachtree Capital LLC
—
—
Montana Vista Capital LLC
—
Deed Of Trust
related
$12,000 · Paragon Investment Capital LLC
—
—
Montana Vista Capital LLC
—
Deed Of Trust
related
$8,143 · Pacific Southwest Capital LLC
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.
Try Rey
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