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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Office buildings
740 San Marcos Dr Apache Junction, AZ 85120-5518
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-2964737
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Construction
CONCRETE
Total area
2,096 SF
Lot
0.62 ac (27,007 SF)
APN
101-13-002D
UPID
US07-2964737
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
Current use
Occupant on record · Public records
-
JTI Construction Construction Company
-
Scorpion Boats (Bike/Boat/Book/etc) Store
-
Arizona Prime Real Estate Agency
-
Velimor General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$475k
Comparable Approach
Comparable
$355k
Blend (final)
Blend
$530k
Owner & transaction history
Lewcrew Properties LLC · 2 yrs held
Lewcrew Properties LLC
since 2024
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$760,000
+165.3%
Commercial (general)
$450,000
+57.8%
Retail stores
$435,000
+52.5%
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 Apache Junction submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apache Junction 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
$505,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$515,000
6.5%
$475,000
7%
$440,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$760,000
Change: +165% · Conversion: Difficult
COMMERCIAL (GENERAL)
$450,000
Change: +58% · Conversion: Easy
RETAIL STORES
$435,000
Change: +52% · Conversion: Moderate
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $575k (Apr 24 2023)
Last sale anchor
$575k
Apr 24 2023
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
$253 / 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
$5,744
Tax year 2023
Assessed value
$69,322
Assessed 2025
Previous assessed
$50,829
+36.4% YoY
Effective rate
8.29%
On assessed value
Assessed land
$24,951
Assessed improvement
$44,371
Land market value
$138,616
Improvement market value
$246,508
Total market value
$385,124
Applied tax rate
4,308.0000
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
1995
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
2,096 SF
Lot
0.62 ac (27,007 SF)
APN
101-13-002D
UPID
US07-2964737
Jurisdiction
PINAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$760,000
COMMERCIAL (GENERAL)
Est. value
$450,000
RETAIL STORES
Est. value
$435,000
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Lewcrew Properties LLC
Entity
Mailing address
23945 N 67TH AVE, GLENDALE, AZ 85310-2601
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2024
$450,000
Lewcrew Properties LLC
Insinkthree Rei LLC
Special Warranty Deed
$366,000 · First Fidelity Bank
Jul 12, 2024
$450,000
Lewcrew Properties LLC
Insinkthree Rei LLC
Special Warranty Deed
$366,000 · First Fidelity Bank
Aug 2, 2023
—
Insinkthree LLC
James M Anderson JR Corporation
Re-recorded Document
related
—
Apr 24, 2023
$575,000
Insinkthree LLC
James M Anderson JR Corporation
Special Warranty Deed
$373,750 · A & A Funding Corp
Nov 9, 2018
—
James M Anderson JR.
Velimor LLC
Warranty Deed
related
—
Dec 6, 2016
$222,100
Velimor LLC
Jti Construction LLC
Warranty Deed
—
Oct 8, 2014
$108,000
Jti Construction LLC
Lando,james M
Grant Deed
—
Sep 30, 2014
$88,354
James M Lando
First American Title Insu
Trustees Deed
—
Apr 24, 2009
$199,000
East Valley Professionals LLC
Somerset Trust
Warranty Deed
$40,000 · Julius Barroco
—
—
East Valley Professional LLC
—
Deed Of Trust
related
$80,000 · James M Lando
—
—
Somerset Trust
—
Deed Of Trust
related
$35,927 · Sidney A & Peggy Lucas
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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