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    Property profile & analytics

    240 Libby Ln Cornville, AZ 86325

    • Assisted living facilities
    • 1,932 SF
    • 5.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US07-1405313
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rusty's Morningstar Ranch / Group Home

    Property Details for 240 Libby Ln

    Year built
    1974
    Construction
    CONCRETE
    Lot size
    5.00 lot acres
    Property size
    1,932 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    407-33-068C
    APU
    40733068C

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cornville
    County
    Yavapai
    State
    Arizona
    Longitude
    -111.903
    Latitude
    34.7318
    CBSA code
    39150
    CBSA name
    PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $81,289
    $0.00
    $81,289
    -
    $541,928
    $0.00
    $541,928

    Comparable in this City

    • Value Estimation
      $385,000
      1,920 SF

      270 Libby Ln

      HOMES (RETIRED, NURSING) • 1,920 SF
      270 Libby Ln, Cornville, AZ 86325
      View Details
    • Value Estimation by Request
      26.25 Acres

      Cornville, AZ 86325

      CHARITABLE ORGANIZATION • 26.25 Acres
      Cornville, AZ 86325
      View Details
    • Value Estimation by Request
      3.34 Acres

      Cornville, AZ 86325

      CHARITABLE ORGANIZATION • 3.34 Acres
      Cornville, AZ 86325
      View Details
    • Value Estimation by Request
      1,358 SF

      2659 Horton Dr

      WASTE DISPOSAL, SEWAGE • 1,358 SF
      2659 Horton Dr, Cornville, AZ 86325-5057
      View Details
    • Value Estimation
      $1,305,000
      0.01 Acres

      Cornville, AZ 86325

      GOLF COURSE • 0.01 Acres
      Cornville, AZ 86325
      View Details
    • Value Estimation
      $1,255,000
      0.01 Acres

      1045 Verde Santa Fe Pkwy

      GOLF COURSE • 0.01 Acres
      1045 Verde Santa Fe Pkwy, Cornville, AZ 86325-4939
      View Details

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    240 Libby Ln
    Cornville, AZ 86325
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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