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Property profile & analytics
OFF-MARKET
Office buildings
9532 Riggs Rd Sun Lakes, AZ 85248-7463
Individually Owned
1-yr Hold
Free & Clear
Property ID
US07-1518385
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1993
Construction
STEEL FRAME
Total area
25,550 SF
Lot
2.56 ac (111,644 SF)
Zoning code
C-2
APN
303-50-003V
UPID
US07-1518385
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
Edward J Zeches JR · 1 yrs held
Edward J Zeches JR
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
C-2 · Sun Lakes, 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 Sun Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sun Lakes 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
$51,650
Tax year 2023
Assessed value
$541,397
Assessed 2024
Previous assessed
$541,397
+0.0% YoY
Effective rate
9.54%
On assessed value
Land market value
$1,205,500
Improvement market value
$2,075,697
Total market value
$3,281,197
Applied tax rate
800,051.0000
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
1993
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
2
Total area
25,550 SF
Lot
2.56 ac (111,644 SF)
Zoning code
C-2
APN
303-50-003V
UPID
US07-1518385
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Sun Lakes, AZZoning C-2 · permitted uses
C-2 · Sun Lakes, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1993
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
2.56 ac
Current owner
From public records · entity-resolved
Edward J Zeches JR
Individual
Free & Clear · 1 yrs held
Mailing address
16657 W MONTEREY WAY, GOODYEAR, AZ 85395-1219
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2024
—
Edward J Zeches JR
Old Republic Title Insurance Agency
Re-recorded Document
related
—
Mar 19, 2024
—
Jason Aaron Storoschuck
Old Republic Title Insurance Agency
Re-recorded Document
related
—
Apr 25, 2023
$1,100,982
Joseph A Lorino
Old Republic Title Insurance Agency
Special Warranty Deed
—
Jun 28, 2022
—
Robert A Zygmunt
Old Republic Title Insurance Agency
Re-recorded Document
related
—
Sep 30, 2019
—
Pebblecreek Properties LP
—
Loan Modification
related
$22,250,000 · Western Alliance Bk
Jun 19, 2018
—
Pebblecreek Properties LP
Trust No 7854
Grant Deed
related
—
Jun 7, 2017
—
John D Auguste
John D Auguste
Intrafamily Transfer
related
—
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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