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Property profile & analytics
OFF-MARKET
Turn key restaurants
128 Cortez St Prescott, AZ 86301-3016
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-1234256
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1981
Construction
CONCRETE
Total area
3,736 SF
Lot
0.17 ac (7,405 SF)
APN
113-15-106
UPID
US07-1234256
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
-
The Office Cantina Mexican Restaurant Soup Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hra Bashford Courts LLC · 7 yrs held
Hra Bashford Courts 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,166
Tax year 2022
Assessed value
$131,279
Assessed 2025
Previous assessed
$145,300
-9.6% YoY
Effective rate
3.17%
On assessed value
Assessed land
$15,971
Assessed improvement
$115,308
Land market value
$88,728
Improvement market value
$640,600
Total market value
$729,328
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1981
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
1
Total area
3,736 SF
Lot
0.17 ac (7,405 SF)
APN
113-15-106
UPID
US07-1234256
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
1981
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Hra Bashford Courts LLC
Entity
Mailing address
PO BOX 6279, KINGMAN, AZ 86402-6279
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
Feb 19, 2026
—
Pbe LLC
—
Deed
related
$18,289,750 · The Foothills Bank
Dec 30, 2022
—
Pbe LLC
—
Deed
related
$7,000,000 · The Foothills Bank
Jun 11, 2020
—
Pbe LLC
—
Deed
related
$4,627,500 · Foothills Bk
Jul 30, 2018
—
Hra Bashford Courts LLC
Bashford Courtsllc
Quit Claim Deed
related
—
Jul 1, 2014
—
Pbe LLC
The Prescott Office LLC
Quit Claim Deed
related
$660,000 · Western Alliance Bank
May 30, 2003
$425,000
Prescott Office LLC
Hosman Properties LLC
Grant Deed
$543,750 · County Bank
Dec 24, 2001
—
Hosman Properties LLC
Hosman Properties
Quit Claim Deed
related
—
—
—
Pbe LLC
—
Deed Of Trust
related
$4,627,500 · Foothills Bk
—
—
Prescott Office LLC
—
Deed Of Trust
related
$250,000 · Country Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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