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Property profile & analytics
FOR LEASE
Retail space
218 W Goodwin St 103 Prescott, AZ 86303
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-3366456
For Lease
1 / 16
$24 SF/Yr
218 W Goodwin St,Unit 103, Prescott, AZ 86303
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
CONCRETE
Total area
11,800 SF
Lot
0.52 ac (22,500 SF)
APN
109-02-008
UPID
US07-3366456
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
-
Z Brow Bar Hair Salon Nail Salon
-
Lee Rose Aesthetics Spa & Massage Center Alternative Medicine Practice
-
Black Butterfly Artisan Chocolates Food Processing Plant
-
The Skin Lab AZ Spa & Massage Center
-
Wolf Heart Studios Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$2.19M
Owner & transaction history
Rolin-forward LLC · 21 yrs held
Rolin-forward LLC
since 2004
4 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
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
RETAIL STORES
$2,920,000
Current use
MEDICAL BUILDING
$2,650,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±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
$186 / 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
$20,442
Tax year 2022
Assessed value
$750,858
Assessed 2025
Previous assessed
$838,558
-10.5% YoY
Effective rate
2.72%
On assessed value
Assessed land
$52,820
Assessed improvement
$698,038
Land market value
$293,446
Improvement market value
$3,877,990
Total market value
$4,171,436
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1985
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Total area
11,800 SF
Lot
0.52 ac (22,500 SF)
APN
109-02-008
UPID
US07-3366456
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
RETAIL STORES Current
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.7M
RETAIL STORES Current
MEDICAL 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
1985
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
3
Lot
0.52 ac
Current owner
From public records · entity-resolved
Rolin-forward LLC
Entity
Mailing address
212 HIDDEN DR, PRESCOTT, AZ 86303-3626
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2006
—
Rolin-forward LLC
—
Trustees Deed
related
$1,400,000 · Stockmen's Bank
Aug 16, 2004
$1,610,000
Rolin-forward LLC
Sarti Properties Limited P
Warranty Deed
related
$1,127,000 · Stockmen's Bank
Oct 25, 2002
—
Properties LP Sarti
Sarti Investment
Quit Claim Deed
related
$1,130,000 · M & I Marshall & Isley Bank
—
—
Rolin-forward LLC
—
Deed Of Trust
related
$2,100,000 · Desert Schools FCU
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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