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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Warehouses
1608 St Flagstaff, AZ 86004-4909
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-0244560
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Total area
5,000 SF
Lot
0.31 ac (13,560 SF)
APN
107-05-003A
UPID
US07-0244560
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
$935k
CAP Approach
CAP
$560k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$755k
Owner & transaction history
Aas Flagstaff Property LLC · 5 yrs held
Aas Flagstaff Property LLC
since 2020
Last sale
$700,000
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 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
$925,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
$605,000
6.5%
$560,000
7%
$520,000
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $700k (Sep 30 2020)
Last sale anchor
$700k
Sep 30 2020
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
$151 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,739
Tax year 2024
Assessed value
$86,674
Assessed 2025
Previous assessed
$79,109
+9.6% YoY
Effective rate
6.62%
On assessed value
Assessed land
$24,056
Assessed improvement
$62,618
Land market value
$150,353
Improvement market value
$391,365
Total market value
$541,718
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Heating
SPACE
Stories
1
Total area
5,000 SF
Lot
0.31 ac (13,560 SF)
APN
107-05-003A
UPID
US07-0244560
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
Building & site characteristics
From public records
Year built
1988
Heating
SPACE
Stories
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Aas Flagstaff Property LLC
Entity
Mailing address
1840 W KAIBAB LN, FLAGSTAFF, AZ 86001-8748
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
Sep 30, 2020
$700,000
Aas Flagstaff Property LLC
Joseph C Rosenfeldt
Special Warranty Deed
$353,500 · The Foothills Bank
Feb 6, 2017
—
Joseph C Rosenfeldt
—
Deed
related
$460,000 · Western Alliance Bk
Mar 1, 2001
$250,000
Joseph C Rosenfeldt
Augenstein,thomas C & Ellen
Grant Deed
$225,000 · Thomas C & Ellen
—
—
Joseph C Rosenfeldt
—
Deed Of Trust
related
$431,250 · Alliance Bank Of Arizona
—
—
Joseph C Rosenfeldt
—
Deed Of Trust
related
$212,000 · Bank One NA
—
—
Joseph C Rosenfeldt
—
Loan Modification
related
$460,000 · Western Alliance Bk
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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