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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Medical Office Space
3110 Clearwater Dr Prescott, AZ 86305-7177
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-0793880
Property summary
AI-generated overview
This exceptional 4,340 square foot medical office building is located at 3110 Clearwater Dr, Prescott, AZ 86305, in Yavapai County. The property, APN 106-49-018D, is situated at the intersection of Clearwater Drive and Crossings, offering convenient access to the hospital and Tri-City areas. Currently configured as a single-tenant space, this building presents a unique opportunity. The layout allows for flexible use, with the potential to be divided into two separate suites, increasing income potential and providing enhanced accessibility. This prime location is within a thriving medical business community, ensuring high visibility and a strong patient base. The building consists of one structure and is ideal for a variety of medical practices seeking a well-established and convenient location. Please note: Do not disturb the tenant. Drive-by only. This property is offered as-is. Further details are available upon request.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2004
Construction
STEEL FRAME
Total area
4,340 SF
Lot
0.21 ac (9,148 SF)
APN
106-49-018D
UPID
US07-0793880
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
-
Jae Hyung Park Physician
-
Helen Paslay Physician
-
James Ramaglino Physician
-
The Pain Center - Prescott Physician
-
Jay M Crutchfield Md Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$861k
Blend (final)
Blend
$1.11M
Owner & transaction history
Drmj Land LLC · 1 yrs held
Drmj Land LLC
since 2025
Last sale
$1.3M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+10.3%
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 Prescott submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Prescott 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%
$1,180,000
6.5%
$1,090,000
7%
$1,010,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$975,000
Current use
RETAIL STORES
$1,075,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±10% · vs last sale $1.25M (Mar 16 2025)
Last sale anchor
$1.25M
Mar 16 2025
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
$256 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,534
Tax year 2022
Assessed value
$164,017
Assessed 2025
Previous assessed
$161,629
+1.5% YoY
Effective rate
3.98%
On assessed value
Assessed land
$38,789
Assessed improvement
$125,228
Land market value
$258,592
Improvement market value
$834,855
Total market value
$1,093,447
Applied tax rate
120.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
4,340 SF
Lot
0.21 ac (9,148 SF)
APN
106-49-018D
UPID
US07-0793880
Jurisdiction
YAVAPAI
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$975,000
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING Current
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
2004
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Drmj Land LLC
Entity
Free & Clear · 1 yrs held
Mailing address
26243 N 45TH DR, PHOENIX, AZ 85083-1660
Ownership since
2025
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 16, 2025
$1,250,000
Drmj Land LLC
Teodor Feher
Special Warranty Deed
—
Mar 28, 2018
$880,000
Teodor Feher
Clearwater Crossings LLC
Grant Deed
—
Dec 27, 2013
$720,000
Clearwater Crossings LLC
3110 Clearwater LLC
Warranty Deed
$576,000 · Scottsdale Bank NA
Oct 11, 2012
—
3110 Clearwater LLC
Hopman Family Trust
Grant Deed
related
—
Apr 30, 2012
—
3110 Clearwater LLC
Hopman Family Trust
Warranty 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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