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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Parking lots & garages
1302 Westridge Dr Prescott, AZ 86305
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-0500768
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1976
Construction
CONCRETE
Total area
3,150 SF
Lot
8.07 ac (351,529 SF)
APN
115-08-019E
UPID
US07-0500768
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$830k
Owner & transaction history
Lamb Ventures LP · 5 yrs held
Lamb Ventures LP
since 2020
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
$263 / 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
$12,086
Tax year 2022
Assessed value
$664,513
Assessed 2025
Previous assessed
$630,701
+5.4% YoY
Effective rate
1.82%
On assessed value
Assessed land
$510,816
Assessed improvement
$153,697
Land market value
$2,837,868
Improvement market value
$853,874
Total market value
$3,691,742
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
3,150 SF
Lot
8.07 ac (351,529 SF)
APN
115-08-019E
UPID
US07-0500768
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
1976
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
8.07 ac
Current owner
From public records · entity-resolved
Lamb Ventures LP
Entity
Mailing address
400 PRESCOTT LKS PKWY, PRESCOTT, AZ 86301-6532
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2020
—
Lamb Ventures LP
828 Gail Gardner LLC
Quit Claim Deed
related
—
Apr 2, 2012
—
Prescott Rv Storage LLC
828 Gail Gardner LLC
Warranty Deed
$2,700,000 · Meridian Bank
Nov 23, 2011
—
828 Gail Gardner LLC
—
Deed Of Trust
related
$2,970,000 · Comerica Bank
Aug 25, 2008
—
828 Gail Gardner LLC
Lamb Trust
Quit Claim Deed
related
—
Mar 1, 2005
—
Lamb Trust
Lamb Trust
Quit Claim Deed
related
—
—
—
828 Gail Gardner LLC
—
Deed Of Trust
related
$3,170,000 · Comerica 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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