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Property profile & analytics
OFF-MARKET
Estimated value
$4,690,000
Apartment buildings
125 Butler Ave Flagstaff, AZ 86001-7604
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-1546928
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2016
Total area
13,764 SF
Lot
0.39 ac (16,984 SF)
APN
103-14-001C
UPID
US07-1546928
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.69M
Owner & transaction history
Bilak Building Co LLC · 6 yrs held
Bilak Building Co LLC
since 2020
Last sale
$4.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.9M
+70.8%
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 Flagstaff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flagstaff 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
$6,200,000
ML approach
$6,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,865,000
Change: +71% · Conversion: Difficult
Blend value · Realmo final
$4.69M
Range $4.22M – $5.16M · ±10% · vs last sale $4.70M (Jun 3 2020)
Last sale anchor
$4.70M
Jun 3 2020
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
$341 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$31,889
Tax year 2023
Assessed value
$563,082
Assessed 2024
Previous assessed
$563,082
+0.0% YoY
Effective rate
5.66%
On assessed value
Assessed land
$30,232
Assessed improvement
$532,850
Land market value
$302,315
Improvement market value
$5,328,503
Total market value
$5,630,818
Applied tax rate
150.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2016
Heating
NONE
Stories
3
Total area
13,764 SF
Lot
0.39 ac (16,984 SF)
APN
103-14-001C
UPID
US07-1546928
Jurisdiction
COCONINO
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
AUTO REPAIR, GARAGE
Est. value
$2.9M
AUTO REPAIR, GARAGE
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
2016
Heating
NONE
Stories
3
Lot
0.39 ac
Current owner
From public records · entity-resolved
Bilak Building Co LLC
Entity
Mailing address
9301 WILSHIRE BLVD STE #206, BEVERLY HILLS, CA 90210-6111
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2020
$4,695,000
Bilak Building Co LLC
Coastal Care Centers INC
Grant Deed
—
Dec 1, 2016
$4,200,000
Coastal Care Centers INC
Mr Flagstaff Apartments LLC
Special Warranty Deed
$2,150,000 · Redwood Capital Bank
Mar 3, 2016
—
Mr Flagstaff Apartments LLC
—
Trustees Deed
related
$2,100,000 · Western Alliance Bk
Dec 5, 2014
$310,000
Mr Flagstaff Apartments LLC
Roy James S
Warranty Deed
$155,000 · Western Alliance Bk
—
—
Bilak Building Co LLC
—
Deed Of Trust
related
$15,000,000 · Farmers & Merchants Bk/lng Bch
—
—
Flagstaff Apartments LLC
—
Deed Of Trust
related
$400,000 · Jana Carpenter
—
—
Roy,james S & Claire C
—
Deed Of Trust
related
$205,000 · Wells Fargo Bk Nw NA
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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