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Property profile & analytics
FOR LEASE
Office buildings
201 N Alarcon St Prescott, AZ 86301
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-3423685
For Lease
1 / 4
$21 SF/Yr
201 N Alarcon St, Prescott, AZ 86301
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Construction
CONCRETE
Total area
6,185 SF
Lot
0.17 ac (7,405 SF)
APN
113-16-049
UPID
US07-3423685
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
-
Brian Brooks Thrivent Financial Prescott AZ Financial Advisor
-
Brian Brooks - Thrivent Financial Advisor
-
MINGUS MOUNTAIN LAW GROUP, PLLC -- Calls answered 24 hours a day Law Firm
-
J D Hypnosis Alternative Medicine Practice
-
Prescott AZ Real Estate/Derek Bresson, Iannelli & Associates Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$942k
Blend (final)
Blend
$885k
Owner & transaction history
Ab Bar Properties 101 LLC · 4 yrs held
Ab Bar Properties 101 LLC
since 2021
Last sale
$1.1M
7 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 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
$705,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,390,000
Change: -10% · Conversion: Easy
RETAIL STORES
$1,355,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$885k
Range $797k – $974k · ±10% · vs last sale $1.06M (Dec 23 2021)
Last sale anchor
$1.06M
Dec 23 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
$143 / 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
$5,501
Tax year 2022
Assessed value
$164,406
Assessed 2025
Previous assessed
$184,769
-11.0% YoY
Effective rate
3.35%
On assessed value
Assessed land
$13,855
Assessed improvement
$150,551
Land market value
$76,974
Improvement market value
$836,394
Total market value
$913,368
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
1969
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
2
Total area
6,185 SF
Lot
0.17 ac (7,405 SF)
APN
113-16-049
UPID
US07-3423685
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
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
MEDICAL 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
1969
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Ab Bar Properties 101 LLC
Entity
Mailing address
PO BOX 3464, PRESCOTT, AZ 86302-3464
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
Dec 23, 2021
$1,060,600
Ab Bar Properties 101 LLC
Double J Family Limited Partnership
Special Warranty Deed
$795,450 · The Foothills Bank
Dec 18, 2018
—
Dooble J Family LP
Jabco Const Companies LLC
Quit Claim Deed
related
—
Mar 1, 2018
$400,000
Jebco Const Companies LLC
Ecosa Institute
Grant Deed
$300,000 · Liisa M Raikk 401(k) P/tr (ct)
Dec 17, 2014
$500,000
Ecosa Institute
Gardner,joseph A & Barbara H
Grant Deed
—
Dec 17, 2014
—
Mckaskle Living Trust
Mckaskle,jim L & Charmaine B
Quit Claim Deed
related
—
Sep 10, 2008
—
Mclandress Living Trust
Mclandress,robert S & Barbara J
Quit Claim Deed
related
—
Mar 21, 1994
$190,000
Jim L Mc Kaskle
Unknown
Grant Deed
—
—
—
Joseph A Gardner
—
Deed Of Trust
related
$30,000 · Summit Bank
—
—
Jim L Mckaskie
—
Deed Of Trust
related
$371,700 · Bank Of America
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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