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Property profile & analytics
OFF-MARKET
Retail space
10990 Cornville Rd Cornville, AZ 86325-5536
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1223121
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Construction
CONCRETE
Total area
1,935 SF
Lot
2.33 ac (101,495 SF)
APN
407-13-021A
UPID
US07-1223121
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
-
Red Rock Masonry General Contractor Construction Company
-
Outlaw Pizza & BBQ Restaurant
-
Heart of Healing Therapeutic Medical Massage LLC Alternative Medicine Practice Spa & Massage Center
-
Sedona Soul Spaces Interior Design Home Decor Store
-
Ocotillo Commons RV & Boat Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ocotillo Commons LLC · 4 yrs held
Ocotillo Commons LLC
since 2022
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 Cornville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cornville 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
—
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
$8,794
Tax year 2022
Assessed value
$165,211
Assessed 2025
Previous assessed
$171,360
-3.6% YoY
Effective rate
5.32%
On assessed value
Assessed land
$36,536
Assessed improvement
$128,675
Land market value
$202,978
Improvement market value
$714,862
Total market value
$917,840
Applied tax rate
620.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2002
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
1,935 SF
Lot
2.33 ac (101,495 SF)
APN
407-13-021A
UPID
US07-1223121
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
2002
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
2
Lot
2.33 ac
Current owner
From public records · entity-resolved
Ocotillo Commons LLC
Entity
Mailing address
10990 E CORNVILLE RD STE A-1, CORNVILLE, AZ 86325-5539
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
—
Ocotillo Commons LLC
Synergy Investments 2 LLC
Warranty Deed
—
Apr 26, 2022
$1,600,000
Synergy Investments 2 LLC
Thistle & Thorn Plaza LLC
Special Warranty Deed
—
Mar 31, 2016
$498,000
Thistle & Thorn Plaza LLC
Thistle & Thorn Properties LLC
Warranty Deed
related
—
May 10, 2002
$85,000
Spude Trust
Red Rock Masonry INC
Quit Claim Deed
related
—
Jun 16, 1994
$65,000
Red Rock Masonry INC
Unknown
Grant Deed
—
—
—
Thistle & Thorn Properties LLC
—
Deed Of Trust
related
$250,000 · Bank One NA
—
—
Thisde & Thorn Properties LLC
—
Deed Of Trust
related
$200,000 · Bank One 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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