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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Community centers
1500 Riordan Rnch St Flagstaff, AZ 86001-6372
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-1149747
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2001
Construction
CONCRETE
Total area
4,350 SF
Lot
8.62 ac (375,487 SF)
APN
103-19-001W
UPID
US07-1149747
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
-
UPS Access Point location Courier Service Postal Service
-
Michaels (Bike/Boat/Book/etc) Store
-
Michaels Custom Framing (Bike/Boat/Book/etc) Store Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$560k
Blend (final)
Blend
$560k
Owner & transaction history
City Of Flagstaff · 3 yrs held
City Of Flagstaff
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$905,000
+155.1%
Medical building
$725,000
+104.0%
Commercial (general)
$540,000
+52.7%
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
by Request
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$355,000
Current use
AUTO REPAIR, GARAGE
$905,000
Change: +155% · Conversion: Difficult
MEDICAL BUILDING
$725,000
Change: +104% · Conversion: Difficult
COMMERCIAL (GENERAL)
$540,000
Change: +53% · Conversion: Easy
OFFICE BUILDING
$475,000
Change: +34% · Conversion: Moderate
WAREHOUSE, STORAGE
$415,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$395,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$560k
Range $504k – $616k · ±10%
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
$129 / 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
$97,879
Tax year 2023
Assessed value
$1,393,124
Assessed 2024
Previous assessed
$1,337,393
+4.2% YoY
Effective rate
7.03%
On assessed value
Assessed land
$382,077
Assessed improvement
$1,011,047
Land market value
$2,315,620
Improvement market value
$6,127,555
Total market value
$8,443,175
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
7
Stories
1
Total area
4,350 SF
Lot
8.62 ac (375,487 SF)
APN
103-19-001W
UPID
US07-1149747
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$355,000
AUTO REPAIR, GARAGE
Est. value
$905,000
MEDICAL BUILDING
Est. value
$725,000
COMMERCIAL (GENERAL)
Est. value
$540,000
OFFICE BUILDING
Est. value
$475,000
WAREHOUSE, STORAGE
Est. value
$415,000
RETAIL STORES
Est. value
$395,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
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
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
7
Lot
8.62 ac
Current owner
From public records · entity-resolved
City Of Flagstaff
Entity
Mailing address
211 W ASPEN AVE, FLAGSTAFF, AZ 86001-5359
Ownership since
2023
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 9, 2023
—
City Of Flagstaff
Arizona Board Of Regents
Special Warranty Deed
—
Jan 19, 2007
—
Lnn Ents INC
—
Deed Of Trust
related
$2,000,000 · Compass Bank
—
—
Lnn Ents INC
—
Deed Of Trust
related
$700,000 · Compass Bank
—
—
Lnn Ents INC
—
Deed Of Trust
related
—
—
—
Lnn Ents INC
—
Deed Of Trust
related
—
—
—
Lnn Enterprises INC
—
Deed Of Trust
related
$750,000 · National Bank Arizona
—
—
Lnn Enterprises INC
—
Deed Of Trust
related
$500,000 · National Bank Arizona
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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