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    Property profile & analytics

    1061 Plz Way Flagstaff, AZ 86001-6100

    • Strip malls
    • 6,292 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    $3,040,000
    Last Sale
    Jul 11, 2023
    $2,600,000
    Location Intelligence
    Property ID
    US07-0979047
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • University Plaza Shopping Center / Shopping Mall
    • Allied Forces / Employment Agency / Business To Business Service
    • Flaggers 4 Hire / Employment Agency / Business To Business Service
    • Oregano's / Italian Restaurant

    Property Details for 1061 Plz Way

    Year built
    1998
    Construction
    CONCRETE
    Lot size
    0.52 lot acres
    Property size
    6,292 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    103-03-017A
    APU
    10303017A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,450,000
      6.5%
      $2,495,000
      7%
      $2,885,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,705,000
      Geo Method
      $2,525,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,715,000
      Retail
      $2,915,000
      Mixed-Use
      $2,695,000
      Hospitality
      $2,450,000
      Educational
      $2,740,000
      Residential Income
      $2,620,000
      Energy
      $2,425,000
      Income-Based Land
      $3,160,000
      Food Service
      $2,650,000

    Location Insight

    • Map
    • Local Demand
    City
    Flagstaff
    County
    Coconino
    State
    Arizona
    Longitude
    -111.662
    Latitude
    35.1902
    CBSA code
    22380
    CBSA name
    FLAGSTAFF, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,028
    $54,747
    $151,197
    $205,944
    -
    $331,801
    $916,348
    $1,248,149

    Comparable in this City

    • Value Estimation
      $5,040,000
      15,168 SF

      601 Piccadilly Dr

      SHOPPING CENTER, STRIP CENTER • 15,168 SF
      601 Piccadilly Dr, Flagstaff, AZ 86001-5964
      View Details
    • Value Estimation
      $1,015,000
      10,500 SF

      1750 Railroad Spgs Blvd

      SHOPPING CENTER, STRIP CENTER • 10,500 SF
      1750 Railroad Spgs Blvd, Flagstaff, AZ 86001-8720
      View Details
    • Value Estimation
      $2,740,000
      23,854 SF

      2625 Woodlands Vlg Blvd

      SHOPPING CENTER, STRIP CENTER • 23,854 SF
      2625 Woodlands Vlg Blvd, Flagstaff, AZ 86001-2948
      View Details
    • Value Estimation by Request
      8,378 SF

      15 Aspen Ave

      SHOPPING CENTER, STRIP CENTER • 8,378 SF
      15 Aspen Ave, Flagstaff, AZ 86001-5220
      View Details
    • Value Estimation
      $4,850,000
      11,560 SF

      963 Rte 66

      SHOPPING CENTER, STRIP CENTER • 11,560 SF
      963 Rte 66, Flagstaff, AZ 86001-6297
      View Details
    • Value Estimation by Request
      4,388 SF

      7 Leroux St

      SHOPPING CENTER, STRIP CENTER • 4,388 SF
      7 Leroux St, Flagstaff, AZ 86001-5535
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      3,500 SF

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      Retail space in a major Flagstaff community center.
      2710 S Woodlands Village Blvd, Flagstaff, AZ 86001
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      Retail space in high-traffic Flagstaff shopping center.
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      High Visibility Retail Endcap Space

      1,320 SF retail space in a vibrant Flagstaff hub.
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      Flagstaff Retail Pads For Lease

      Retail pads available for ground lease with drive-thru potential.
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      View Details
    • $5,940 /Mo
      5,300 SF

      111 Aspen Ave

      Coworking space • 5,300 SF
      111 Aspen Ave, Flagstaff, AZ 86001
      View Details

    Property Visit Statistics

    • Visits by month
      24.8k
    • Visitors by month
      19.7k
    • Avg Time on site
      18 min
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    1061 Plz Way
    Flagstaff, AZ 86001-6100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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