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Property profile & analytics
OFF-MARKET
Estimated value
$3,920,000
Race tracks
10501 State Rte 89a Prescott Valley, AZ 86315-9780
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-0881505
Property profile
Verified
Property type
Race tracks
Use group
RACE TRACK (AUTO, DOG, HORSE)
Year built
2003
Construction
STEEL FRAME
Total area
71,944 SF
Lot
98.66 ac (4,297,630 SF)
APN
401-01-127F
UPID
US07-0881505
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
$3.92M
Owner & transaction history
J & J Equine Ents LLC · 8 yrs held
J & J Equine Ents LLC
since 2018
7 recorded transactions
Zoning & alternative use
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 Prescott Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Prescott Valley 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
$54 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$110,073
Tax year 2022
Assessed value
$1,432,239
Assessed 2025
Previous assessed
$1,474,477
-2.9% YoY
Effective rate
7.69%
On assessed value
Assessed land
$474,622
Assessed improvement
$957,617
Land market value
$3,164,146
Improvement market value
$6,384,114
Total market value
$9,548,260
Applied tax rate
2,291.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Race tracks
Use group
RACE TRACK (AUTO, DOG, HORSE)
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
4
Stories
3
Total area
71,944 SF
Lot
98.66 ac (4,297,630 SF)
APN
401-01-127F
UPID
US07-0881505
Jurisdiction
YAVAPAI
Zoning & alternative use
Zoning · permitted uses
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
2003
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Buildings
4
Lot
98.66 ac
Current owner
From public records · entity-resolved
J & J Equine Ents LLC
Entity
Mailing address
6239 N 7TH ST STE #200, PHOENIX, AZ 85014-1864
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jul 31, 2019
—
Arizona Downs LLC
—
Deed
related
$1,200,000 · Michael J & Christa M Barro
Jan 11, 2018
$3,200,000
J & J Equine Ents LLC
William E Pierce
Grant Deed
$3,600,000 · Cdm1 LLC
Feb 13, 2013
$5,500,000
Prescott,valley Race Course
Estate Of Yavapai County F
Grant Deed
—
Dec 11, 2012
—
Yavapai Cnty Farm & Agricultur
Cnty Fair Assn Yavapai
Correction Deed
related
—
Dec 31, 2003
—
Fair Property LLC
Yavapai County Fair Assn
Quit Claim Deed
related
—
Dec 31, 2003
$460,310
Ycfa Achieve Academy
Fair Property LLC
Grant Deed
related
$460,308 · Fair Property LLC
—
—
Arizona Downs LLC
—
Deed Of Trust
related
$1,200,000 · Michael J & Christa M Barro
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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