1251 Riordan Rnch St Flagstaff, AZ 86001
Property profile & analytics
1251 Riordan Rnch St Flagstaff, AZ 86001
- Banks
- 779 SF
- 0.65 lot acres
Property ID
US07-0698663
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Wells Fargo ATM / Atm
- Wells Fargo Drive-Up Bank / Bank / Loan Service
Property Details for 1251 Riordan Rnch St
- Year built
- 2005
- Construction
- CONCRETE
- Lot size
- 0.65 lot acres
- Property size
- 779 SF
- Property type
- Banks
- APN
- 103-04-020E
- APU
- 10304020E
Description
This exceptional investment opportunity presents a brand-new, single-tenant, absolute triple-net (NNN) lease with Angie's Lobster & Prime Grill, a fast-food restaurant in Flagstaff, Arizona. The 1,340 square foot building, constructed in 2005 and renovated in 2024, sits on a 0.65-acre lot at 1251 S Riordan Ranch St, 86001. The property boasts a strong 20-year lease commencing September 22, 2024, and expiring October 31, 2044, with a 5.5% cap rate and a current NOI of $182,000. Rent increases by 10% every five years, providing significant long-term growth potential. The lease includes three and five-year option periods. The tenant, Angie's Lobster & Prime Grill, is backed by a corporate guarantee. This prime location offers high visibility, situated near Northern Arizona University and major retailers, benefiting from Flagstaff's robust tourism and local population. The property's strategic placement along a major thoroughfare with approximately 40,174 vehicles per day ensures consistent customer traffic. This is a rare opportunity to acquire a stable, high-performing investment with substantial upside. The property's APN is 103-04-020E.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,300,000
- ML approach
- $1,300,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Flagstaff
- County
- Coconino
- State
- Arizona
- Longitude
- -111.661
- Latitude
- 35.1893
- CBSA code
- 22380
- CBSA name
- FLAGSTAFF, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,239
$67,301
$43,771
$111,072
-
$407,883
$265,278
$673,161
