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Property profile & analytics
FOR SALE
Office buildings
1237 N Rhinestone Dr Prescott, AZ 86301
Entity Owned
8-yr Hold
Property ID
US07-3098819
For Sale
1 / 20
$849,500
1237 N Rhinestone Dr, Prescott, AZ 86301
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
STEEL FRAME
Total area
2,845 SF
Lot
0.91 ac (39,640 SF)
APN
103-15-042A
UPID
US07-3098819
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
-
Health and Healing Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$370k
Blend (final)
Blend
$520k
Owner & transaction history
Living Joyfully LLC · 8 yrs held
Living Joyfully LLC
since 2018
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$710,000
Current use
MEDICAL BUILDING
$640,000
Change: -10% · Conversion: Easy
RETAIL STORES
$625,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
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
$183 / 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
$4,063
Tax year 2022
Assessed value
$141,126
Assessed 2025
Previous assessed
$83,051
+69.9% YoY
Effective rate
2.88%
On assessed value
Assessed land
$13,275
Assessed improvement
$127,851
Land market value
$73,748
Improvement market value
$710,284
Total market value
$784,032
Applied tax rate
107.0000
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 Sale
Year built
2004
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
2,845 SF
Lot
0.91 ac (39,640 SF)
APN
103-15-042A
UPID
US07-3098819
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$710,000
MEDICAL BUILDING
Est. value
$640,000
RETAIL STORES
Est. value
$625,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Living Joyfully LLC
Entity
Mailing address
1237 N RHINESTONE DR, PRESCOTT, AZ 86301-6831
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2018
$400,000
Living Joyfully LLC
Cavanaugh Construction LLC
Warranty Deed
$331,900 · Mohave State Bank
Oct 11, 2016
—
Cavanaugh Construction LLC
—
Deed
related
$475,000 · Owen L & Geneva M Rhodes
Feb 18, 2009
$625,000
Cavanaugh Construction LLC
Troutman,donald
Grant Deed
related
—
Dec 27, 2007
$650,000
Donald Troutman
Cavanaugh Construction LLC
Warranty Deed
$650,000 · Cavanaugh Construction LLC
—
—
Cavanaugh Construction LLC
—
Loan Modification
related
$475,000 · Owen L & Geneva M Rhodes
—
—
Cavanaugh Construction LLC
—
Loan Modification
related
$475,000 · Owen L & Geneva M Rhodes
—
—
Cavanaugh Construction LLC
—
Loan Modification
related
$475,000 · Owen L & Geneva M Rhodes
—
—
Cavanaugh Construction LLC
—
Deed Of Trust
related
$850,000 · Rhodes Family Trust
—
—
Cavanaugh Construction LLC
—
Deed Of Trust
related
$275,000 · Rhodes Family Living Trust
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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