Back to Search
Property profile & analytics
FOR LEASE
Strip malls
1260 Gail Gardner Way 3 Prescott, AZ 86305
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-1312717
For Lease
1 / 12
$1,645,000
1260 Gail Gardner Way,Unit 3, Prescott, AZ 86305
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1998
Construction
CONCRETE
Total area
140,525 SF
Lot
7.64 ac (332,798 SF)
APN
115-05-080C
UPID
US07-1312717
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
-
GameStop Electronics & Wireless Store
-
SalonCentric (Bike/Boat/Book/etc) Store Cosmetic Store
-
Allied Cash Advance Loan Service
-
Pangaea Bakery Bakery Specialty Food Shop
-
JOANN Fabric and Crafts (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.65M
Owner & transaction history
Blum Boulders Associates V LLC · 9 yrs held
Blum Boulders Associates V LLC
since 2016
6 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$12 / 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
$85,140
Tax year 2022
Assessed value
$2,106,154
Assessed 2025
Previous assessed
$2,052,434
+2.6% YoY
Effective rate
4.04%
On assessed value
Assessed land
$428,918
Assessed improvement
$1,677,236
Land market value
$2,382,879
Improvement market value
$9,317,976
Total market value
$11,700,855
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1998
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
140,525 SF
Lot
7.64 ac (332,798 SF)
APN
115-05-080C
UPID
US07-1312717
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
1998
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
7.64 ac
Current owner
From public records · entity-resolved
Blum Boulders Associates V LLC
Entity
Mailing address
505 SANSOME ST STE #900, SAN FRANCISCO, CA 94111-3133
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2022
—
Blum Boulders Associates I LLC
—
Deed
related
$8,750,000 · Symetra Life Insurance Co
Sep 21, 2016
—
Blum Boulders Associates V LLC
Blum Boulders Assocs IV LLC
Quit Claim Deed
related
$10,250,000 · Miscellaneous Ins Co
Aug 9, 2012
$17,150,000
Blum Boulders Associates I LLC
Bonanza LLC
Grant Deed
$10,250,000 · Miscellaneous Ins Co
Dec 1, 2010
—
Bonanza LLC
—
Deed Of Trust
related
$18,000,000 · Comerica Bank
—
—
Blum Boulders Associates I LLC
—
Deed Of Trust
related
$10,250,000 · Security Benefit Life Ins Co
—
—
Blum Boulders Associates I LLC
—
Loan Modification
related
$10,250,000 · Miscellaneous Ins Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
