Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1113 Sheldon St Prescott, AZ 86301

    • Motels
    • 5,025 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-0797908
    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

    • Motels

    Property Details for 1113 Sheldon St

    Year built
    1973
    Construction
    STEEL FRAME
    Lot size
    0.84 lot acres
    Property size
    5,025 SF
    Property type
    Motels
    APN
    114-06-098A
    APU
    11406098A

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.456
    Latitude
    34.544
    CBSA code
    39150
    CBSA name
    PRESCOTT VALLEY-PRESCOTT, 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
    2022
    $11,882
    $65,779
    $255,346
    $321,125
    -
    $365,440
    $1,418,587
    $1,784,027

    Comparable in this City

    • Value Estimation by Request
      1,641 SF

      523 Gurley St

      MOTEL • 1,641 SF
      523 Gurley St, Prescott, AZ 86301-3806
      View Details
    • Value Estimation
      $7,235,000
      14,560 SF

      1317 Gurley St

      MOTEL • 14,560 SF
      1317 Gurley St, Prescott, AZ 86301-3313
      View Details
    • Value Estimation by Request
      3,950 SF

      3220 State Rte 89

      MOTEL • 3,950 SF
      3220 State Rte 89, Prescott, AZ 86301-4917
      View Details
    • Value Estimation by Request
      11,000 SF

      1225 Gurley St

      MOTEL • 11,000 SF
      1225 Gurley St, Prescott, AZ 86301-3311
      View Details
    • Value Estimation by Request
      9,003 SF

      1130 Gurley St

      MOTEL • 9,003 SF
      1130 Gurley St, Prescott, AZ 86301-3310
      View Details
    • Value Estimation
      $3,500,000
      73,557 SF

      4499 State Rte 69

      MOTEL • 73,557 SF
      4499 State Rte 69, Prescott, AZ 86301-6731
      View Details

    Similar Nearby for Sale

    • $3,900,000
      16.50 Acres

      3240 Az-89

      Multifamily properties • 16.50 Acres
      3240 Az-89, Prescott, AZ 86301
      View Details
    • $1,350,000
      Pending

      Downtown Prescott Multifamily Investment Opportunity

      Multifamily property in downtown Prescott near Courthouse Square.
      215 E Willis St, Prescott, AZ 86301
      View Details
    • $650,000
      Pending

      High-Traffic Prescott Commercial Building

      Versatile commercial building on a high-traffic corridor in Prescott.
      625 Miller Valley Rd, Prescott, AZ 86301
      View Details
    • $540,000
      2.21 Acres

      Prescott Airpark Industrial Land Parcels

      Two industrial parcels in Prescott Airpark, ready for development.
      2115-2117 Gulfstream Dr, Prescott, AZ 86301
      View Details
    • $473,000
      3.88 Acres

      Prescott Airpark Land For Sale

      3.88 acre lot in Prescott Regional Airpark and Commerce Center.
      6405 Lear Ln, Prescott, AZ 86301
      View Details
    • $35,000
      0.44 Acres

      Undeveloped Land in Granite Dells

      Untouched land with views in Prescott's Granite Dells.
      4641 N Cyn Lot 115 Cir, Prescott, AZ 86301
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      Pending

      Industrial Space with Yard in Prescott

      Light industrial space with flexible options and yard space available.
      6720 Corsair Ave, Prescott, AZ 86301
      View Details
    • $12 SF/Yr
      43,560 SF

      Versatile Flex Space in Prescott

      Flex space with warehouse and office, ideal for business expansion.
      6724 Corsair Ave, Prescott, AZ 86301
      View Details
    • $20 SF/Yr
      7,405 SF

      Professional Office Suite in Prescott

      Lower-level office suite with modern amenities in professional building.
      221 N Marina St, Prescott, AZ 86301
      View Details
    • $12 SF/Yr
      43,560 SF

      Flex Space with Fenced Yard

      Flex space featuring warehouse, office areas, and secure fenced yard.
      6724 Corsair Ave, Prescott, AZ 86301
      View Details
    • $11 SF/Yr
      43,996 SF

      Versatile Prescott Commercial Space Available

      Suites with warehouse and office space in central Prescott.
      430 N Mount Vernon Ave, Prescott, AZ 86301
      View Details
    • $18 SF/Yr
      11,622 SF

      Carson Medical Office Building

      Prime Medical/Office Space Available
      804 Ainsworth Dr, Prescott, AZ 86301
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1113 Sheldon St
    Prescott, AZ 86301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!