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Property profile & analytics
OFF-MARKET
Estimated value
$2,280,000
Retail space
1220 Eastern Dr Cornville, AZ 86325-5220
Trust Owned
Free & Clear
Property ID
US07-0690875
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2013
Construction
STEEL FRAME
Total area
3,000 SF
Lot
2.52 ac (109,771 SF)
APN
407-04-027
UPID
US07-0690875
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
-
G's Burgers Restaurant
-
Shell Gas Station
-
Crazy Tony's Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.28M
Owner & transaction history
The Eva Bates Living Trust
The Eva Bates Living Trust
since 2025
Last sale
$2.4M
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
Method
Estimation
Statistic approach
$2,150,000
ML approach
$2,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.28M
Range $2.05M – $2.51M · ±10% · vs last sale $2.37M (May 31 2023)
Last sale anchor
$2.37M
May 31 2023
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
$760 / 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
$16,353
Tax year 2022
Assessed value
$333,352
Assessed 2025
Previous assessed
$357,770
-6.8% YoY
Effective rate
4.91%
On assessed value
Assessed land
$42,449
Assessed improvement
$290,903
Land market value
$235,828
Improvement market value
$1,616,130
Total market value
$1,851,958
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
2013
Construction
STEEL FRAME
Heating
OTHER
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Total area
3,000 SF
Lot
2.52 ac (109,771 SF)
APN
407-04-027
UPID
US07-0690875
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
2013
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
3
Lot
2.52 ac
Current owner
From public records · entity-resolved
The Eva Bates Living Trust
Trust
Free & Clear · 0 yrs held
Mailing address
78 VIS SERRENA WAY, SEDONA, AZ 86336-5361
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
—
Verde Valley Oil & Holdings LLC
—
Deed
related
$1,090,000 · Pinnacle Bank
Nov 4, 2025
—
The Eva Bates Living Trust
Eva S Bates
Deed
related
—
Aug 28, 2025
—
Verde Valley Oil & Holdings LLC
—
Deed
related
$1,090,000 · Pinnacle Bank
Aug 27, 2025
—
Verde Valley Oil & Holdings LLC
—
Deed
related
$1,816,000 · Pinnacle Bank
May 31, 2023
$2,370,000
Verde Valley Oil & Holdings LLC
Verde Valley Oil Company LLC
Special Warranty Deed
$2,708,000 · Celtic Bank Corporation
Aug 26, 2020
—
Tony J Ontiveros
Dog Black Trust
Correction Deed
related
—
Apr 30, 2014
—
Verde Valley Oil Co LLC
Ontiveros,tony J & Tamera D
Grant Deed
$900,000 · National Bk/az
Aug 31, 2010
$250,000
Oak Creek Oil Co LLC
Verde Traviata LLC
Grant Deed
—
Jun 9, 2004
$42,000
Mckay,tr
Wood,adam & Kym
Grant Deed
—
Feb 5, 2003
—
Adam Wood
Verde,tr
Quit Claim Deed
related
—
Sep 22, 1999
$150,000
Verde Traviata LLC
M & J Investments
Trustees Deed
—
Jun 8, 1990
$67,950
Joan Droz
Unknown
Grant Deed
—
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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