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Property profile & analytics
OFF-MARKET
Estimated value
$2,265,000
Retail space
124 Gurley St Prescott, AZ 86301-3634
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-1107359
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Construction
CONCRETE
Total area
6,012 SF
Lot
0.14 ac (6,098 SF)
APN
113-15-117
UPID
US07-1107359
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
-
Black Arrow Native American Jewelry & Art (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.30M
CAP Approach
CAP
$1.61M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.27M
Owner & transaction history
Kent K Nelson · 3 yrs held
Kent K Nelson
since 2022
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+51.1%
Office building
$1.5M
+13.9%
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
$2,380,000
ML approach
$2,300,000
CAP Approach
CAP Return
Estimation
6%
$1,735,000
6.5%
$1,605,000
7%
$1,490,000
Alternative Use
Use
Estimation
RESTAURANT
$1,990,000
Change: +51% · Conversion: Easy
OFFICE BUILDING
$1,500,000
Change: +14% · Conversion: Easy
Blend value · Realmo final
$2.27M
Range $2.04M – $2.49M · ±10% · vs last sale $3.15M (Sep 23 2022)
Last sale anchor
$3.15M
Sep 23 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
$377 / 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
$5,355
Tax year 2022
Assessed value
$170,325
Assessed 2025
Previous assessed
$179,110
-4.9% YoY
Effective rate
3.14%
On assessed value
Assessed land
$60,281
Assessed improvement
$110,044
Land market value
$334,893
Improvement market value
$611,355
Total market value
$946,248
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
6,012 SF
Lot
0.14 ac (6,098 SF)
APN
113-15-117
UPID
US07-1107359
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
RESTAURANT
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.5M
RESTAURANT
OFFICE BUILDING
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
1970
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Kent K Nelson
Individual
Mailing address
7620 E SLIDING STOP LN, CORNVILLE, AZ 86325-5860
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
Nov 21, 2022
—
Kent K Nelson
—
Deed
related
$1,700,000 · Desert Financial Cu
Nov 10, 2022
—
Kent K Nelson
—
Deed
related
$1,000,000 · Desert Financial Cu
Sep 23, 2022
$3,150,000
Kent K Nelson
Pf Investments LLC
Special Warranty Deed
—
Dec 16, 2020
—
Pf Investments LLC
—
Deed
related
$1,000,000 · National Bk/az
Mar 3, 2017
—
Pf Investments LLC
—
Deed
related
$200,000 · Foothills Bk
Jun 9, 2005
$618,000
Pf Investments LLC
Gurley Square Property LLC
Grant Deed
$625,000 · Desert Hills Bank
—
—
Pf Investments LLC
—
Deed Of Trust
related
$559,828 · Gurley Street Holdings LLC
—
—
Pf Investments LLC
—
Deed Of Trust
related
$1,550,000 · Foothills Bk
—
—
Pf Investments LLC
—
Deed Of Trust
related
$2,898,821 · Desert Hills Bank
—
—
Pf Investments LLC
—
Deed Of Trust
related
$100,000 · Foothills Bk
—
—
Pf Invesments LLC
—
Deed Of Trust
related
$576,000 · Pinnacle Bank
—
—
Pf Investments LLC
—
Loan Modification
related
$200,000 · Foothills Bk
—
—
Pf Investments LLC
—
Deed Of Trust
related
$1,000,000 · National Bk/az
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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