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Property profile & analytics
OFF-MARKET
Strip malls

7212 Ho Hum Rd Carefree, AZ 85377-4496

3,067 SF 0.93 ac lot Built 1969
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US07-0775106
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1969
Construction CONCRETE
Total area 3,067 SF
Lot 0.93 ac (40,320 SF)
Zoning code C
APN 216-83-019
UPID US07-0775106
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
Archer Properties Delaware LLC · 5 yrs held
Archer Properties Delaware LLC
since 2021
Last sale
$6.7M
7 recorded transactions
2021
$6.7M
2020
Price N/A
2016
$1.4M
2011
$1.3M
2010
$1.3M
2010
$1.8M
1996
$1.6M
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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