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Property profile & analytics
OFF-MARKET Estimated value $1,555,000
Office buildings

7406 Nonchalant Ave Carefree, AZ 85377-4503

3,362 SF 0.19 ac lot Built 1999
Trust Owned Absentee Owner ~ Est. High Equity
Property ID
US07-2665002
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Construction CONCRETE
Total area 3,362 SF
Lot 0.19 ac (8,400 SF)
Zoning code C
APN 216-83-054A
UPID US07-2665002
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
$1.56M
Blend (final) Blend
$1.56M
Owner & transaction history
Graham Trust
Graham Trust
1 recorded transaction
1969
Price N/A
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
Top alternative use upside
Auto repair, garage $1.5M +80.3%
Retail stores $1.1M +36.6%
Neighborhood: shopping center $1.1M +28.2%
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