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Property profile & analytics
OFF-MARKET
Estimated value
$3,640,000
Hotels
2520 Lucky Ln Flagstaff, AZ 86004-8505
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-0128574
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1987
Construction
STEEL FRAME
Total area
26,459 SF
Lot
1.26 ac (54,886 SF)
APN
106-04-015B
UPID
US07-0128574
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
-
Studio 6 Suites Flagstaff, AZ Hotel & Motel
-
Studio 6 Flagstaff, AZ Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.13M
Comparable Approach
Comparable
$3.56M
Blend (final)
Blend
$3.64M
Owner & transaction history
Flagrock Hospitality LLC · 8 yrs held
Flagrock Hospitality LLC
since 2018
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,395,000
6.5%
$3,130,000
7%
$2,910,000
Blend value · Realmo final
$3.64M
Range $3.28M – $4.00M · ±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
$138 / 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
$32,789
Tax year 2023
Assessed value
$567,927
Assessed 2024
Previous assessed
$537,923
+5.6% YoY
Effective rate
5.77%
On assessed value
Assessed land
$157,532
Assessed improvement
$410,395
Land market value
$954,740
Improvement market value
$2,487,243
Total market value
$3,441,983
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
2
Total area
26,459 SF
Lot
1.26 ac (54,886 SF)
APN
106-04-015B
UPID
US07-0128574
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
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
1.26 ac
Current owner
From public records · entity-resolved
Flagrock Hospitality LLC
Entity
Mailing address
2540 E LUCKY LN, FLAGSTAFF, AZ 86004-8505
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2018
$4,750,000
Flagrock Hospitality LLC
Ambalal & Grandsons L L C
Special Warranty Deed
$3,250,000 · Sunwest Bank
Jan 12, 2017
$3,450,000
Ambalal & Grandsons LLC
Lucky Management INC
Grant Deed
—
Aug 16, 2007
$6,100,100
Lucky Management INC
Jayshiv INC
Grant Deed
$2,310,000 · Nara Bank
Mar 3, 2006
$2,625,000
Jayshiv INC
Kings House INC
Warranty Deed
$525,000 · Kings House INC
Mar 3, 2006
—
Jayshiv INC
Coburn Hospitality INC
Warranty Deed
related
$2,841,000 · Hanmi Bank
Apr 30, 2004
$3,010,000
Kings House INC
H & H Associates
Warranty Deed
related
$1,530,000 · Private Lender
—
—
Lucky Management INC
—
Deed Of Trust
related
$4,260,000 · Bbu Bank
—
—
Lucky Management INC
—
Deed Of Trust
related
$140,000 · M M Patidar Property INC
—
—
Ambalal & Grandsons LLC
—
Deed Of Trust
related
$400,000 · Lee J Schuster
—
—
Ambalal 8 Grandsons LLC
—
Deed Of Trust
related
$2,070,000 · Bank Of Hope
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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