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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Medical Office Space
1841 Morrow Ave Kingman, AZ 86409-3026
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-1152968
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1993
Construction
CONCRETE
Total area
5,879 SF
Lot
0.58 ac (25,265 SF)
APN
320-03-122
UPID
US07-1152968
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
-
Deering Therapy Medical Clinic
-
Plastic Surgeons of Northern Arizona Physician Medical Clinic
-
Advanced Foot & Ankle Ltd Physician
-
Kimberley Deering Physician
-
Kerry Deering Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$966k
Blend (final)
Blend
$965k
Owner & transaction history
Kk Deering LP · 5 yrs held
Kk Deering LP
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+20.2%
Apartment house (5+ units)
$950,000
+12.8%
Auto repair, garage
$940,000
+11.7%
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 Kingman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingman 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$845,000
Current use
RESTAURANT
$1,015,000
Change: +20% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$950,000
Change: +13% · Conversion: Moderate
AUTO REPAIR, GARAGE
$940,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$760,000
Change: -10% · Conversion: Easy
RETAIL STORES
$745,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$164 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$12,469
Tax year 2020
Assessed value
$174,322
Assessed 2025
Previous assessed
$174,322
+0.0% YoY
Effective rate
7.15%
On assessed value
Land market value
$241,889
Improvement market value
$920,261
Total market value
$1,162,150
Applied tax rate
452.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1993
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
5,879 SF
Lot
0.58 ac (25,265 SF)
APN
320-03-122
UPID
US07-1152968
Jurisdiction
MOHAVE
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
MEDICAL BUILDING Current
Est. value
$845,000
RESTAURANT
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$950,000
AUTO REPAIR, GARAGE
Est. value
$940,000
OFFICE BUILDING
Est. value
$760,000
RETAIL STORES
Est. value
$745,000
MEDICAL BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1993
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Kk Deering LP
Entity
Mailing address
PO BOX 3278, KINGMAN, AZ 86402-3278
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
—
Kk Deering LP
—
Deed
related
$500,000 · Horizon Community Bank INC
Oct 23, 2017
—
Kk Deering LP
—
Deed
related
$260,000 · Oooc LLC
Sep 21, 2017
—
Kk Deering LP
—
Deed
related
$260,000 · Oooc LLC
—
—
Kk Deering LP
—
Deed Of Trust
related
$120,022 · Mohave State Bank
—
—
Kk Deering LP
—
Deed Of Trust
related
$50,000 · Mohave State Bank
—
—
Kk Deering LP
—
Deed Of Trust
related
$260,000 · Oooc LLC
—
—
Kk Deering LP
—
Deed Of Trust
related
$260,000 · Oooc LLC
—
—
Kk Deering LP
—
Deed Of Trust
related
$80,000 · Mohave State Bank
—
—
Kk Deering LP
—
Deed Of Trust
related
$100,000 · Mohave State 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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