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Property profile & analytics
OFF-MARKET
Research & development properties
Carefree, AZ 85377
Individually Owned
3-yr Hold
Free & Clear
Property ID
US07-1413791
Property profile
Verified
Property type
Research & development properties
Use group
WASTE DISPOSAL, SEWAGE
Lot
0.15 ac (6,518 SF)
Zoning code
RURAL-70
APN
216-87-017C
UPID
US07-1413791
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
Liberty Utilities Black Mountain Se · 3 yrs held
Liberty Utilities Black Mountain Se
since 2023
1 recorded transaction
Zoning & alternative use
RURAL-70 · Carefree, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ated to the closest point of the property boundary line of the other facility. (J) The dispensary facility shall not be located within five hundred (500) linear feet of any residential property located in the Rural-190, Rural-70, Rural-43, R1-35, R1-18, R1-10, and/or R-3 zoning districts. This distance shall be measured from the exterior walls or portion the…
Zone name
Rural 70000 Square Feet Per Single Family Dwelling
General category
RESIDENTIAL
Zone area
1,263.38 ac
Source
APPENDIX A ZONING CODE
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 Carefree submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carefree 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
Assessed value
$21,401
Assessed 2024
Previous assessed
$17,799
+20.2% YoY
Land market value
$129,700
Total market value
$129,700
Applied tax rate
932,100.0000
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
Research & development properties
Use group
WASTE DISPOSAL, SEWAGE
Status
Off-Market
Heating
NONE
Lot
0.15 ac (6,518 SF)
Zoning code
RURAL-70
APN
216-87-017C
UPID
US07-1413791
Jurisdiction
MARICOPA
Zoning & alternative use
RURAL-70 · Carefree, AZZoning RURAL-70 · permitted uses
RURAL-70 · Carefree, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ated to the closest point of the property boundary line of the other facility. (J) The dispensary facility shall not be located within five hundred (500) linear feet of any residential property located in the Rural-190, Rural-70, Rural-43, R1-35, R1-18, R1-10, and/or R-3 zoning districts. This distance shall be measured from the exterior walls or portion thereof in which the dispensary facility is located or proposed to be located to the closes
Zone name
Rural 70000 Square Feet Per Single Family Dwelling
General category
RESIDENTIAL
Zone area
1,263.38 ac
Source
APPENDIX A ZONING CODE
Building & site characteristics
From public records
Heating
NONE
Lot
0.15 ac
Current owner
From public records · entity-resolved
Liberty Utilities Black Mountain Se
Individual
Free & Clear · 3 yrs held
Mailing address
12725 W INDIAN SCHOOL RD STE D101, AVONDALE, AZ 85392-9524
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2023
—
Liberty Utilities Black Mountain Se
The Boulders Carefree Sewer Corpora
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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