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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Investment properties
2029 4th St, Flagstaff, AZ 86004-4263
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-1355946
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1995
Construction
STEEL FRAME
Total area
2,340 SF
Lot
0.15 ac (6,558 SF)
APN
107-03-021A
UPID
US07-1355946
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
-
CertaPro Painters of Northern Arizona Painting Service General Contractor
-
Tracy & Sons Plumbing Inc. Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
$415k
Comparable Approach
Comparable
$702k
Blend (final)
Blend
$675k
Owner & transaction history
2029 4th St LLC · 2 yrs held
2029 4th St LLC
since 2023
Last sale
$700,000
5 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%
$450,000
6.5%
$415,000
7%
$385,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$925,000
Current use
WAREHOUSE, STORAGE
$920,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $700k (Dec 1 2023)
Last sale anchor
$700k
Dec 1 2023
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
$288 / 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
$3,225
Tax year 2023
Assessed value
$38,832
Assessed 2024
Previous assessed
$38,832
+0.0% YoY
Effective rate
8.31%
On assessed value
Assessed land
$13,331
Assessed improvement
$25,501
Land market value
$80,795
Improvement market value
$154,554
Total market value
$235,349
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Total area
2,340 SF
Lot
0.15 ac (6,558 SF)
APN
107-03-021A
UPID
US07-1355946
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
COMMERCIAL (GENERAL) Current
Est. value
$925,000
WAREHOUSE, STORAGE
Est. value
$920,000
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
2029 4th St LLC
Entity
Mailing address
1300 N AZTEC ST, FLAGSTAFF, AZ 86001-3004
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2023
$700,000
2029 4th St LLC
Henning And Henning LLC
Special Warranty Deed
$420,000 · Henning & Henning LLC
Jun 28, 2016
—
Henning & Henning LLC
Henning,nathan & Amber
Quit Claim Deed
related
—
Jul 3, 2014
$375,000
Nathan Henning
Kocisko,wayne M
Warranty Deed
$310,000 · Wayne M & Susan P Kocisko
Oct 15, 1999
—
Wayne M Kocisko
Kcl Enterprises
Grant Deed
$76,000 · Norwest Bank Arizona
Feb 14, 1996
$65,000
Kcl Enterprises
Cash,eddie L
Grant Deed
$10,000 · Individual
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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