Financial
Distress signals
Property profile

303 Summit Ave Prescott, AZ 96301

FOR LEASE
Other industrial properties
Property ID
US07-0938176
5,000 SF 0.75 ac lot Built 1973
Last sale Aug 2023 · $970,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial warehouse-and-office facility located in Prescott, Arizona, constructed in 1973. It provides approximately 5,000 square feet of warehouse and office area along with a fully fenced commercial yard, for a combined site area of approximately 9,200 square feet on a 0.75-acre lot. The building includes four drive-in bays and Phase 3 electrical power, with interior office accommodations that include a reception area, additional showroom/office space, and two restrooms.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value · 2025$167k
Assessed land$42k
Assessed improvement$126k
Effective rate3.94%

Value estimate

· Sep 2026
$780k
$702k – $858k
AI approach$810k
CAP approach$1.04M
Sales comparison$646k
NOI build-up
Gross scheduled income$129k
Vacancy & credit loss−$6k
Operating expenses−$43k
NOI · 1,382.43% cap applied$80k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$125/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$82 – $173

Cap rate analysis

How does the asset earn?
1,382.43%
$80k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionYAVAPAI

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.4
Convenience Store9.4
Daycare Center8.8

Location

303 Summit Ave Prescott, AZ 96301
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2170 State Rte 69, Prescott, AZ 86301-5654 $981,444 Feb 2024 5,000 SF
547 6th, Prescott, AZ 86301-2013 $672,000 Jul 2023 4,850 SF
2995 Centerpointe E, Prescott, AZ 86301 $720,000 May 2023 5,001 SF
676 6th, Prescott, AZ 86301-2016 $600,000 Jan 2023 6,075 SF
6655 Inter Cal, Prescott, AZ 86301-9131 $757,489 Sep 2022 4,900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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