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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Turn key restaurants
2247 Clearwater Dr Bullhead City, AZ 86442-5385
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-0512786
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2008
Construction
CONCRETE
Total area
5,562 SF
Lot
0.23 ac (10,019 SF)
APN
219-11-020
UPID
US07-0512786
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
-
LibertyX Bitcoin ATM Atm
-
CoVeu Drinkery and Eatery Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$974k
Blend (final)
Blend
$975k
Owner & transaction history
Ralph Blunt · 12 yrs held
Ralph Blunt
since 2014
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 Bullhead City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bullhead City 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
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±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
$175 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$13,022
Tax year 2020
Assessed value
$142,587
Assessed 2025
Previous assessed
$142,587
+0.0% YoY
Effective rate
9.13%
On assessed value
Land market value
$366,185
Improvement market value
$425,964
Total market value
$792,149
Applied tax rate
1,579.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
1
Total area
5,562 SF
Lot
0.23 ac (10,019 SF)
APN
219-11-020
UPID
US07-0512786
Jurisdiction
MOHAVE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Ralph Blunt
Individual
Mailing address
5291 S JACK RABBIT DR, FORT MOHAVE, AZ 86426-9208
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2017
—
Ralph Blunt
—
Deed
related
$55,855 · City Of Bullhead City
Apr 29, 2014
$235,000
Ralph Blunt
Misc Properties LLC
Warranty Deed
$170,000 · Misc Properties LLC
Jun 15, 2012
$250,000
Misc Properties LLC
Mcnichol,christopher M
Trustees Deed
—
Feb 25, 2009
—
Devorah A Lopez
—
Deed Of Trust
related
$3,000,000 · Christen Paul R Trust
Dec 14, 2000
$287,500
Devorah A Lopez
Delgado,armando & Gloria
Grant Deed
$143,000 · Wells Fargo Bank Arizona
—
—
Devorah A Lopez
—
Deed Of Trust
related
$1,708 · Wells Fargo Bank
—
—
Devorah A Lopez
—
Deed Of Trust
related
$210,000 · Wells Fargo Bank Arizona
—
—
Ralph Blunt
—
Deed Of Trust
related
$55,855 · City Of Bullhead City
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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