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Property profile & analytics
OFF-MARKET
Retail space
1521 Penrod Dr Pinetop, AZ 85935-7313
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-3368525
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Total area
3,160 SF
Lot
0.32 ac (13,939 SF)
Zoning code
MUNICIPAL
APN
311-32-020
UPID
US07-3368525
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
-
Gardner Heating & Refrigeration Inc. HVAC Service General Contractor
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
Jorden & Jorden LLC · 2 yrs held
Jorden & Jorden LLC
since 2024
Last sale
$328,182
7 recorded transactions
Zoning & alternative use
MUNICIPAL · Pinetop, AZ
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 Pinetop submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pinetop 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,666
Tax year 2023
Assessed value
$38,299
Assessed 2025
Previous assessed
$33,418
+14.6% YoY
Effective rate
6.96%
On assessed value
Assessed land
$7,711
Assessed improvement
$30,588
Land market value
$42,840
Improvement market value
$169,936
Total market value
$212,776
Applied tax rate
3,232.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1979
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
3,160 SF
Lot
0.32 ac (13,939 SF)
Zoning code
MUNICIPAL
APN
311-32-020
UPID
US07-3368525
Jurisdiction
NAVAJO
Zoning & alternative use
MUNICIPAL · Pinetop, AZZoning MUNICIPAL · permitted uses
MUNICIPAL · Pinetop, AZ
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
1979
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Jorden & Jorden LLC
Entity
Mailing address
PO BOX 3524, SHOW LOW, AZ 85902-3524
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
—
Jorden & Jorden LLC
Steven M Jorden
Special Warranty Deed
—
Jun 27, 2022
$328,182
Ab Cor Technologies LLC
Eddie Valdez
Special Warranty Deed
—
Feb 16, 2017
$200,000
Eddie Valdez
Aeromeridian LLC
Grant Deed
$160,000 · Aeromeridian LLC
Feb 16, 2017
—
Aeromeridian LLC
Michigan State Realty Invs LLC
Deed In Lieu Of Foreclosure
—
Mar 31, 2014
—
Michigan State Realty Investme
Michigan State Realty Investme
Quit Claim Deed
related
—
Jul 28, 2010
—
Michiga St Realty Invs III LLC
Michigan State Realty Invs LLC
Quit Claim Deed
related
—
Aug 2, 2005
$210,000
Michigan State Realty Invs LLC
Kalea Ents LLC
Grant Deed
—
Sep 3, 2004
—
Kalea Ents LLC
Miller,robert & Carol
Quit Claim Deed
related
—
Jan 15, 2003
$150,000
Robert Miller
Sweeney,michael P & Carol A
Grant Deed
related
$135,000 · Michael P & Carol A Sweeney
—
—
Michigan State Realty Invs LLC
—
Deed Of Trust
related
$250,000 · Union 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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