Back to Search
Property profile & analytics
FOR LEASE
Office buildings
122 N Cortez St 101 Prescott, AZ 86301
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1161348
For Lease
1 / 9
$26 SF/Yr
122 N Cortez St,Unit 101, Prescott, AZ 86301
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
CONCRETE
Total area
32,355 SF
Lot
0.34 ac (15,000 SF)
APN
113-15-108
UPID
US07-1161348
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
-
Debra Rock, LCSW Crisis Center Medical Clinic
-
Track Down Inc Law Firm
-
Bulleri Network Services Telecommunications Service Data Center
-
Project Insight Inc Social Service Agency Charitable Organization
-
Jerald Pet (Bike/Boat/Book/etc) Store Pet Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.83M
Owner & transaction history
Quail Equities LLC · 4 yrs held
Quail Equities LLC
since 2022
Last sale
$3.2M
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Prescott 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
$2,420,000
ML approach
$2,490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.83M
Range $2.54M – $3.11M · ±10% · vs last sale $3.20M (Apr 1 2022)
Last sale anchor
$3.20M
Apr 1 2022
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
$87 / 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
$26,850
Tax year 2022
Assessed value
$1,841,583
Assessed 2025
Previous assessed
$1,731,458
+6.4% YoY
Effective rate
1.46%
On assessed value
Assessed land
$29,850
Assessed improvement
$1,811,733
Land market value
$165,832
Improvement market value
$10,065,185
Total market value
$10,231,017
Applied tax rate
120.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1983
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
3
Total area
32,355 SF
Lot
0.34 ac (15,000 SF)
APN
113-15-108
UPID
US07-1161348
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
1983
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
3
Lot
0.34 ac
Current owner
From public records · entity-resolved
Quail Equities LLC
Entity
Mailing address
14605 N AIRPORT DR STE #360, SCOTTSDALE, AZ 85260-2491
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2022
$3,200,000
Quail Equities LLC
Dino R Bulleri
Special Warranty Deed
—
Dec 10, 2020
—
Bulleri Trust
—
Deed
related
$1,865,000 · Allen G Nel
May 11, 2018
—
Dino R Bulleri
—
Deed
related
$1,500,000 · Azny20 LLC
Jun 29, 2011
—
Dino R Bulleri
Bulleri Trust
Quit Claim Deed
related
$22,500 · Steven P Matteucci
Apr 22, 1997
$108,000
Bulleri Trust
Matteucci Trust
Grant Deed
—
Feb 8, 1993
$575,000
Adolph Bulleri
Unknown
Grant Deed
—
—
—
Dino R Bulleri
—
Deed Of Trust
related
$16,000 · Foothills Bank
—
—
Bulleri Trust
—
Deed Of Trust
related
$400,000 · Summit Bank
—
—
Bulleri,tr
—
Deed Of Trust
related
$150,000 · Summit Bank
—
—
Dino R Bulleri
—
Deed Of Trust
related
$1,500,000 · Azny20 LLC
—
—
Bulleri Trust
—
Deed Of Trust
related
$1,000,000 · Summit Bank
—
—
Bulleri Trust
—
Deed Of Trust
related
$25,000 · Summit Bank
—
—
Bulleri Trust
—
Deed Of Trust
related
$1,865,000 · Allen G Nel
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
