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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Motels
293 Wickenburg Way, Wickenburg, AZ 85390-1484
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-0707002
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1936
Construction
CONCRETE
Total area
1,035 SF
Lot
0.16 ac (6,975 SF)
Zoning code
C-2
APN
505-53-004A
UPID
US07-0707002
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
-
Best Western Rancho Grande Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$547k
Blend (final)
Blend
$545k
Owner & transaction history
Tonto Basin Investment LLC · 1 yrs held
Tonto Basin Investment LLC
since 2024
7 recorded transactions
Zoning & alternative use
C-2 · Wickenburg, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$830,000
+101.6%
Auto repair, garage
$460,000
+11.6%
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 Wickenburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wickenburg 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
Alternative Use
Use
Estimation
HOTEL/MOTEL
$410,000
Current use
COMMERCIAL (GENERAL)
$830,000
Change: +102% · Conversion: Difficult
AUTO REPAIR, GARAGE
$460,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$350,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$527 / 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
$2,382
Tax year 2023
Assessed value
$48,292
Assessed 2024
Previous assessed
$41,310
+16.9% YoY
Effective rate
4.93%
On assessed value
Land market value
$64,000
Improvement market value
$228,678
Total market value
$292,678
Applied tax rate
91,800.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1936
Construction
CONCRETE
Heating
FLOOR/WALL FURNACE
Buildings
4
Stories
1
Units
4
Total area
1,035 SF
Lot
0.16 ac (6,975 SF)
Zoning code
C-2
APN
505-53-004A
UPID
US07-0707002
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Wickenburg, AZ
Zoning C-2 · permitted uses
C-2 · Wickenburg, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wickenburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$410,000
COMMERCIAL (GENERAL)
Est. value
$830,000
AUTO REPAIR, GARAGE
Est. value
$460,000
RETAIL STORES
Est. value
$350,000
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1936
Construction
CONCRETE
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
4
Units
4
Lot
0.16 ac
Current owner
From public records · entity-resolved
Tonto Basin Investment LLC
Entity
Mailing address
515 W WICKENBURG WAY, WICKENBURG, AZ 85390-5200
Ownership since
2024
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
Sep 23, 2024
$8,400,000
Tonto Basin Investment LLC
Nali LLC
Warranty Deed
$6,000,000 · Republicbankaz NA
Mar 23, 2023
—
Nali LLC
—
Deed
related
$4,980,000 · Republicbankaz NA
Aug 22, 2016
—
Bedoian,victor & Kristy L Trust
Bedoian,victor & Kristy
Quit Claim Deed
related
—
Oct 11, 1996
$187,000
Victor Bedoian
Matthew Krumwiede
Grant Deed
—
May 5, 1995
$180,000
Matthew Krumwiede
Lewis
Grant Deed
$170,000 · Seller
Apr 5, 1990
—
Harley E Lewis
Peterson
Grant Deed
related
—
—
—
Victor Bedoian
—
Deed Of Trust
related
$170,000 · Bank Of America
—
—
Douglas Peterson
—
Deed Of Trust
related
$85,000 · Seller
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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