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Property profile & analytics
FOR SALE
Industrial properties
884 W Gila Bend Hwy, Casa Grande, AZ 85122
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0884564
For Sale
1 / 2
$1,000,000
884 W Gila Bend Hwy, Casa Grande, AZ 85122
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1987
Construction
CONCRETE
Total area
4,972 SF
Lot
1.33 ac (57,935 SF)
APN
504-24-018B
UPID
US07-0884564
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
$560k
CAP Approach
CAP
$370k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
Mid State Real Property Investments · 4 yrs held
Mid State Real Property Investments
since 2021
Last sale
$520,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$765,000
+139.9%
Office building
$685,000
+115.2%
Retail stores
$500,000
+57.6%
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 Casa Grande submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Casa Grande 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
$560,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
$400,000
6.5%
$370,000
7%
$345,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$765,000
Change: +140% · Conversion: Difficult
OFFICE BUILDING
$685,000
Change: +115% · Conversion: Difficult
RETAIL STORES
$500,000
Change: +58% · Conversion: Moderate
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $520k (Aug 17 2021)
Last sale anchor
$520k
Aug 17 2021
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
$109 / 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
$5,010
Tax year 2023
Assessed value
$47,070
Assessed 2025
Previous assessed
$46,341
+1.6% YoY
Effective rate
10.64%
On assessed value
Assessed land
$10,428
Assessed improvement
$36,642
Land market value
$57,935
Improvement market value
$203,565
Total market value
$261,500
Applied tax rate
403.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
1987
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
4,972 SF
Lot
1.33 ac (57,935 SF)
APN
504-24-018B
UPID
US07-0884564
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
COMMERCIAL (GENERAL)
Est. value
$765,000
OFFICE BUILDING
Est. value
$685,000
RETAIL STORES
Est. value
$500,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1987
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
Mid State Real Property Investments
Entity
Mailing address
PO BOX 57029, PHOENIX, AZ 85079-7029
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2021
$520,000
Mid State Real Property Investments
John H Kashner
Special Warranty Deed
$312,000 · Bell Bank
Feb 13, 2017
—
John H Kashner
Kashner,john H & Sue A
Quit Claim Deed
related
—
Feb 9, 2010
$289,000
John H Kashner
Simmons Thomas & S Trust
Warranty Deed
$112,000 · Great Western Bank
Feb 14, 2001
$200,000
Simmons Trust
Bridwell,billy D
Grant Deed
$150,000 · Billy D & Marilyn
—
—
John H Kashner
—
Deed Of Trust
related
$285,000 · Foothills Bank
—
—
Simmons Thomas & Sandra Trust
—
Deed Of Trust
related
$60,000 · Sun State Bank
—
—
Simmons Thomas & Sandra Trust
—
Deed Of Trust
related
$41,000 · Sun State Bank
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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