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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Retail properties & Spaces
1060 Central St, Colorado City, AZ 86021-6147
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-2398858
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2016
Total area
9,193 SF
Lot
2.4 ac (104,544 SF)
APN
404-23-018
UPID
US07-2398858
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
$1.38M
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$1.44M
Owner & transaction history
Raga LLC · 5 yrs held
Raga LLC
since 2021
Last sale
$1.6M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+101.7%
Apartment house (5+ units)
$1.5M
+48.5%
Auto repair, garage
$1.5M
+47.0%
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 Colorado City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colorado City 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
$1,465,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,490,000
6.5%
$1,375,000
7%
$1,275,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,000,000
Current use
RESTAURANT
$2,020,000
Change: +102% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,485,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,470,000
Change: +47% · Conversion: Difficult
MEDICAL BUILDING
$1,320,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$1,070,000
Change: +7% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,065,000
Change: +6% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$995,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±10% · vs last sale $1.59M (Jan 8 2021)
Last sale anchor
$1.59M
Jan 8 2021
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
$156 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$11,885
Tax year 2020
Assessed value
$154,580
Assessed 2025
Previous assessed
$157,318
-1.7% YoY
Effective rate
7.69%
On assessed value
Land market value
$35,027
Improvement market value
$823,753
Total market value
$858,780
Applied tax rate
1,450.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2016
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
9,193 SF
Lot
2.4 ac (104,544 SF)
APN
404-23-018
UPID
US07-2398858
Jurisdiction
MOHAVE
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
RETAIL STORES Current
Est. value
$1.0M
RESTAURANT
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$995,000
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2016
Heating
OTHER
Cooling
Yes
Stories
1
Lot
2.4 ac
Current owner
From public records · entity-resolved
Raga LLC
Entity
Mailing address
PO BOX 7383, LOVELAND, CO 80537-0383
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2021
$1,591,500
Raga LLC
Ak Partners Company LLC
Warranty Deed
$1,114,100 · Citizens Community Bank
Feb 17, 2017
$1,535,130
Ak Partners Co LLC
Leaf Properties INC
Grant Deed
$900,000 · First Internet Bk/in
Mar 21, 2016
—
Leaf Properties INC
Leaf Properties Exchange LLC
Warranty Deed
$777,000 · Wells Fargo Bank NA
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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