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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Banks
1948 Woodlands Vlg Blvd Flagstaff, AZ 86001-7231
Entity Owned
7-yr Hold
Free & Clear
Property ID
US07-0759394
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2007
Construction
STEEL FRAME
Total area
5,113 SF
Lot
2.79 ac (121,532 SF)
APN
112-24-013A
UPID
US07-0759394
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
-
Arizona Central Credit Union Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$594k
Blend (final)
Blend
$595k
Owner & transaction history
Flagstaff Group LLC · 7 yrs held
Flagstaff Group LLC
since 2018
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$945,000
+92.8%
Medical building
$850,000
+74.0%
Industrial (general)
$830,000
+69.4%
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
by Request
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$490,000
Current use
RESTAURANT
$945,000
Change: +93% · Conversion: Difficult
MEDICAL BUILDING
$850,000
Change: +74% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$830,000
Change: +69% · Conversion: Difficult
COMMERCIAL (GENERAL)
$635,000
Change: +30% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$625,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$560,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$116 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$29,201
Tax year 2023
Assessed value
$437,791
Assessed 2024
Previous assessed
$435,539
+0.5% YoY
Effective rate
6.67%
On assessed value
Assessed land
$234,797
Assessed improvement
$202,994
Land market value
$1,565,312
Improvement market value
$1,353,290
Total market value
$2,918,602
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
5,113 SF
Lot
2.79 ac (121,532 SF)
APN
112-24-013A
UPID
US07-0759394
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
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$490,000
RESTAURANT
Est. value
$945,000
MEDICAL BUILDING
Est. value
$850,000
INDUSTRIAL (GENERAL)
Est. value
$830,000
COMMERCIAL (GENERAL)
Est. value
$635,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$625,000
OFFICE BUILDING
Est. value
$560,000
FINANCIAL BUILDING Current
RESTAURANT
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2007
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.79 ac
Current owner
From public records · entity-resolved
Flagstaff Group LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2020 N CENTRAL AVE STE #200, PHOENIX, AZ 85004-4557
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Nov 21, 2019
—
Flagstaff Group LLC
—
Deed
related
$57,243 · State Bk/arizona
Nov 9, 2018
$15,750
Flagstaff Group LLC
Arizona Ctrl Cu
Grant Deed
—
Jan 3, 2003
$1,075,000
Central Cu Arizona
Empire Commercial Real Estate
Grant Deed
related
—
Apr 30, 1999
—
James P Previti
Coussoulis,nicholas J
Grant Deed
related
—
May 29, 1997
$610,495
Jim Previti
Vvc INC
Grant Deed
—
—
—
Flagstaff Group LLC
—
Deed Of Trust
related
$57,243 · State Bk/arizona
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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