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Property profile & analytics
FOR LEASE
Office buildings
1575 Plaza West Dr B Prescott, AZ 86303
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1219339
For Lease
1 / 6
$27 SF/Yr
1575 Plaza West Dr,Unit B, Prescott, AZ 86303
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Construction
STEEL FRAME
Total area
5,917 SF
Lot
0.49 ac (21,344 SF)
APN
108-05-041V
UPID
US07-1219339
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
-
GoodmanLaw Law Firm
-
Beth Nawrocki Alternative Medicine Practice
-
Crystal Creek Builders Construction Company General Contractor
-
Benttree Custom Homes Ll C Construction Company General Contractor
-
Mc Cowan Thomas R Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$910k
Owner & transaction history
Crystal Creek Properties LLC · 4 yrs held
Crystal Creek Properties LLC
since 2021
Last sale
$975,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.5M
+43.5%
Medical building
$1.3M
+30.0%
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
Method
Estimation
Statistic approach
$650,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,020,000
Current use
RETAIL STORES
$1,465,000
Change: +43% · Conversion: Moderate
MEDICAL BUILDING
$1,330,000
Change: +30% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,010,000
Change: -1% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,000,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $975k (Sep 2 2021)
Last sale anchor
$975k
Sep 2 2021
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
$154 / 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
$9,781
Tax year 2022
Assessed value
$279,808
Assessed 2025
Previous assessed
$261,652
+6.9% YoY
Effective rate
3.50%
On assessed value
Assessed land
$25,793
Assessed improvement
$254,015
Land market value
$143,297
Improvement market value
$1,411,197
Total market value
$1,554,494
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1996
Construction
STEEL FRAME
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
5,917 SF
Lot
0.49 ac (21,344 SF)
APN
108-05-041V
UPID
US07-1219339
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
RETAIL STORES
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.0M
OFFICE BUILDING Current
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1996
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Crystal Creek Properties LLC
Entity
Mailing address
1575 PLZ W DR STE A, PRESCOTT, AZ 86303-5569
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2021
—
Crystal Creek Properties LLC
—
Deed
related
$200,000 · Pinnacle Bank
Sep 2, 2021
$975,000
Crystal Creek Properties LLC
G4 LLC
Special Warranty Deed
$780,000 · Pinncacle Bank
Sep 20, 2018
—
G4 LLC
—
Deed
related
$350,000 · Oneaz Cu
—
—
G4 LLC
—
Deed Of Trust
related
$480,000 · Country Bank
—
—
G4 LLC
—
Deed Of Trust
related
$345,000 · County Bank
—
—
G4 LLC
—
Deed Of Trust
related
$100,000 · Oneaz Cu
—
—
G4 LLC
—
Deed Of Trust
related
$350,000 · Oneaz Cu
—
—
G4 LLC
—
Deed Of Trust
related
$100,000 · 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.
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?”
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