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    Property profile & analytics

    1940 Butler Ave Flagstaff, AZ 86004-6000

    • Commercial kitchens
    • 4,003 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimation
    $450,000
    Location Intelligence
    Property ID
    US07-0797978
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Elegant Essentials / Household Goods Wholesaler
    • McDonald's / Breakfast Restaurant / Coffee Shop

    Property Details for 1940 Butler Ave

    Year built
    1996
    Construction
    STEEL FRAME
    Lot size
    0.97 lot acres
    Property size
    4,003 SF
    Property type
    Commercial kitchens
    APN
    106-01-007E
    APU
    10601007E

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $455,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $500,000
      7%
      $495,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $475,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $485,000
      Retail
      $490,000
      Mixed-Use
      $430,000
      Hospitality
      $410,000
      Educational
      $445,000
      Residential Income
      $555,000
      Energy
      $515,000
      Income-Based Land
      $500,000
      Food Service
      $480,000

    Location Insight

    • Map
    • Local Demand
    City
    Flagstaff
    County
    Coconino
    State
    Arizona
    Longitude
    -111.627
    Latitude
    35.1925
    CBSA code
    22380
    CBSA name
    FLAGSTAFF, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,065
    $121,110
    $225,170
    $346,280
    -
    $734,002
    $1,364,669
    $2,098,671

    Comparable in this City

    • Value Estimation
      $3,015,000
      2,448 SF

      4650 Us Hwy 89

      TAKE-OUT RESTAURANT • 2,448 SF
      4650 Us Hwy 89, Flagstaff, AZ 86004-2400
      View Details
    • Value Estimation
      $500,000
      1,533 SF

      7133 Hwy 90

      TAKE-OUT RESTAURANT • 1,533 SF
      7133 Hwy 90, Flagstaff, AZ 86004
      View Details
    • Value Estimation
      $455,000
      3,176 SF

      3460 Rte 66

      TAKE-OUT RESTAURANT • 3,176 SF
      3460 Rte 66, Flagstaff, AZ 86004-4032
      View Details
    • Value Estimation
      $495,000
      2,874 SF

      4507 Us Hwy 89

      TAKE-OUT RESTAURANT • 2,874 SF
      4507 Us Hwy 89, Flagstaff, AZ 86004-2409
      View Details
    • Value Estimation
      $440,000
      2,280 SF

      3620 Rte 66

      TAKE-OUT RESTAURANT • 2,280 SF
      3620 Rte 66, Flagstaff, AZ 86004-4034
      View Details
    • Value Estimation
      $395,000
      1,181 SF

      2626 4th St

      TAKE-OUT RESTAURANT • 1,181 SF
      2626 4th St, Flagstaff, AZ 86004-1805
      View Details

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    Similar Nearby for Lease

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      Flagstaff Retail Center Opportunity

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      Retail Space on Historic Route

      Retail space with convenient access and prominent location.
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      Land in Central Gathering Spot

      Land for rent in Flagstaff's central community hub.
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      View Details

    Property Visit Statistics

    • Visits by month
      52.5k
    • Visitors by month
      36.3k
    • Avg Time on site
      11 min
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    1940 Butler Ave
    Flagstaff, AZ 86004-6000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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