Back to Search
Property profile & analytics
FOR LEASE
Strip malls
101 N State Route 89A Sedona, AZ 86336
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-0802105
For Lease
1 / 41
Contact for pricing
101 N State Route 89A, Sedona, AZ 86336
View Listing →
Property summary
AI-generated overview
The Shops at Piñon Pointe, located at 101 N State Rte 89A in Sedona, Arizona (zip code 86336), offers 32,851 square feet of Class A retail space in a vibrant Uptown Sedona location. This six-building, single-story shopping center boasts 30 suites, with available spaces ranging from 728 to 3,120 contiguous square feet
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Construction
STEEL FRAME
Total area
4,520 SF
Lot
2.84 ac (123,710 SF)
APN
401-80-116
UPID
US07-0802105
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
Current use
Occupant on record · Public records
-
Sound Bites Grill Restaurant
-
Overlook Resort
-
El Dorado Jewelry & Fine Arts Gallery (Bike/Boat/Book/etc) Store
-
Better Homes and Gardens BloomTree Realty Real Estate Agency
-
From the Islands LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$725k
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$933k
Blend (final)
Blend
$980k
Owner & transaction history
Hv Global Marketing Corporation · 4 yrs held
Hv Global Marketing Corporation
since 2022
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+178.9%
Warehouse, storage
$835,000
+56.9%
Auto repair, garage
$800,000
+50.1%
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 Sedona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sedona 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
by Request
ML approach
$725,000
CAP Approach
CAP Return
Estimation
6%
$1,110,000
6.5%
$1,025,000
7%
$950,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,485,000
Change: +179% · Conversion: Easy
WAREHOUSE, STORAGE
$835,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$800,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$590,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10%
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
$217 / 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
$85,265
Tax year 2023
Assessed value
$1,515,025
Assessed 2024
Previous assessed
$1,344,125
+12.7% YoY
Effective rate
5.63%
On assessed value
Assessed land
$81,382
Assessed improvement
$1,433,643
Land market value
$493,226
Improvement market value
$8,688,747
Total market value
$9,181,973
Applied tax rate
970.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Buildings
6
Stories
1
Total area
4,520 SF
Lot
2.84 ac (123,710 SF)
APN
401-80-116
UPID
US07-0802105
Jurisdiction
COCONINO
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
$1.5M
WAREHOUSE, STORAGE
Est. value
$835,000
AUTO REPAIR, GARAGE
Est. value
$800,000
MEDICAL BUILDING
Est. value
$590,000
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2003
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
6
Lot
2.84 ac
Current owner
From public records · entity-resolved
Hv Global Marketing Corporation
Entity
Free & Clear · 4 yrs held
Mailing address
140 FOUNTAIN PKWY N STE #570, SAINT PETERSBURG, FL 33716-1274
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2022
—
Hv Global Marketing Corporation
Hts Chc Sedona LLC
Lease
—
Mar 2, 2020
—
Patel,ajit & Sharmishta Trust
Ajit S Patel
Quit Claim Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
