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Property profile & analytics
OFF-MARKET
Strip malls
2725 Lakin Dr Flagstaff, AZ 86004-3962
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-0892023
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1964
Construction
STEEL FRAME
Total area
2,847 SF
Lot
0.21 ac (9,308 SF)
APN
108-10-058
UPID
US07-0892023
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
-
Hair by Dani Leigh Hair Salon
-
Scully Screen Printing (Bike/Boat/Book/etc) Store Printing Service
-
Black Bar Tattoo Tattoo & Piercing Shop
-
Baby Bellies (Bike/Boat/Book/etc) Store Clothing & Fashion Store
-
Arizona Seamless Gutters Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tarun Chopra · 5 yrs held
Tarun Chopra
since 2021
Last sale
$350,000
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,012
Tax year 2023
Assessed value
$46,908
Assessed 2024
Previous assessed
$42,766
+9.7% YoY
Effective rate
6.42%
On assessed value
Assessed land
$20,196
Assessed improvement
$26,712
Land market value
$122,400
Improvement market value
$161,888
Total market value
$284,288
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1964
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
2,847 SF
Lot
0.21 ac (9,308 SF)
APN
108-10-058
UPID
US07-0892023
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
1964
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Tarun Chopra
Individual
Mailing address
7865 S PALM DR, TEMPE, AZ 85284-1464
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2021
$350,000
Tarun Chopra
The Barn Bros LLC
Warranty Deed
$190,000 · The Foothills Bank
Jun 30, 2021
—
Litchfield Ek LLC
Tarun Chopra
Warranty Deed
—
May 5, 2021
$945,945
The Barn Bros LLC
Bilbao Properties Lc
Warranty Deed
$910,945 · Bilbao Investmetns LLC
Oct 7, 2010
—
Bilbao Family Living Trust
Bilbao Beryl L H
Quit Claim Deed
related
—
Jun 13, 2001
$24,000
Linda J Twite
Bilboa,beryl L
Grant Deed
—
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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