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    Property profile & analytics

    256 Lee Blvd Prescott, AZ 86303-5777

    • Retail space
    • 12,340 SF
    • 5.45 lot acres
    OFF-MARKET
    Value Estimation
    $7,495,000
    Last Sale
    Nov 17, 2023
    $8,500,000
    Location Intelligence
    Property ID
    US07-2293042
    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

    • mattress firm / Mattress Store
    • mattress firm clearance, Mattress Firm Prescott / Mattress Store

    Property Details for 256 Lee Blvd

    Year built
    2011
    Construction
    CONCRETE
    Lot size
    5.45 lot acres
    Property size
    12,340 SF
    Property type
    Retail space
    APN
    103-20-598M
    APU
    10320598M

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,815,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,900,000
      6.5%
      $7,830,000
      7%
      $8,875,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,600,000
      Geo Method
      $7,755,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,445,000
      Retail
      $7,825,000
      Mixed-Use
      $7,220,000
      Hospitality
      $9,380,000
      Educational
      $9,415,000
      Residential Income
      $7,445,000
      Energy
      $8,660,000
      Income-Based Land
      $8,655,000
      Food Service
      $7,955,000

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.405
    Latitude
    34.5484
    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
    $72,857
    $445,173
    $1,276,627
    $1,721,800
    -
    $2,473,185
    $7,092,374
    $9,565,559

    Comparable in this City

    • Value Estimation
      $395,000
      5,400 SF

      3739 Karicio Ln

      RETAIL STORES (PERSONAL SERVICES) • 5,400 SF
      3739 Karicio Ln, Prescott, AZ 86303-6819
      View Details
    • Value Estimation
      $310,000
      6,912 SF

      539 Montezuma St

      RETAIL STORES (PERSONAL SERVICES) • 6,912 SF
      539 Montezuma St, Prescott, AZ 86303-4225
      View Details
    • Value Estimation
      $430,000
      12,196 SF

      222 Montezuma St

      RETAIL STORES (PERSONAL SERVICES) • 12,196 SF
      222 Montezuma St, Prescott, AZ 86303-4720
      View Details
    • Value Estimation
      $365,000
      5,181 SF

      Prescott, AZ 86303

      RETAIL STORES (PERSONAL SERVICES) • 5,181 SF
      Prescott, AZ 86303
      View Details
    • Value Estimation by Request
      0.06 Acres

      405 Hl Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.06 Acres
      405 Hl Ave, Prescott, AZ 86303-3748
      View Details
    • Value Estimation
      $775,000
      7,458 SF

      405 Goodwin St

      RETAIL STORES (PERSONAL SERVICES) • 7,458 SF
      405 Goodwin St, Prescott, AZ 86303-3774
      View Details

    Similar Nearby for Sale

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      Prime investment property near Courthouse Square with diverse tenant mix.
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    Similar Nearby for Lease

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      Modern Regional Shopping Center Space

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    • $24 SF/Yr
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      Retail Space in Prescott Gateway

      Highly visible retail space in a vibrant shopping hub.
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      Retail Space in Regional Center

      Retail suite available within a modern shopping center.
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      View Details
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    256 Lee Blvd
    Prescott, AZ 86303-5777
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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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