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Property profile & analytics
OFF-MARKET
Estimated value
$1,580,000
Retail space
3122 State Rte 89 Prescott, AZ 86301-4968
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-0576918
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Construction
STEEL FRAME
Total area
2,078 SF
Lot
0.64 ac (27,878 SF)
APN
106-16-004D
UPID
US07-0576918
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.58M
Owner & transaction history
Sandy Desert Twin Lakes LLC · 5 yrs held
Sandy Desert Twin Lakes LLC
since 2020
Last sale
$1.5M
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 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
$1,665,000
ML approach
$1,655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.58M
Range $1.42M – $1.74M · ±10% · vs last sale $1.50M (Dec 10 2020)
Last sale anchor
$1.50M
Dec 10 2020
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
$760 / 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
$3,146
Tax year 2022
Assessed value
$91,366
Assessed 2025
Previous assessed
$101,644
-10.1% YoY
Effective rate
3.44%
On assessed value
Assessed land
$23,915
Assessed improvement
$67,451
Land market value
$132,861
Improvement market value
$374,728
Total market value
$507,589
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1984
Construction
STEEL FRAME
Heating
OTHER
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
2,078 SF
Lot
0.64 ac (27,878 SF)
APN
106-16-004D
UPID
US07-0576918
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
Building & site characteristics
From public records
Year built
1984
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
2
Lot
0.64 ac
Current owner
From public records · entity-resolved
Sandy Desert Twin Lakes LLC
Entity
Mailing address
PO BOX 13630, SCOTTSDALE, AZ 85267-3630
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2020
$1,500,000
Sandy Desert Twin Lakes LLC
Kore Ventures INC
Warranty Deed
$1,200,000 · Ks Statebank
May 23, 2019
—
Kore Ventures INC
—
Deed
related
$150,000 · Carter Oil Co INC
Sep 28, 2016
—
Kore Ventures INC
—
Deed
related
$710,000 · Western Alliance Bank
Nov 10, 2010
—
Gary G Johnson
Pine Cove LLC
Warranty Deed
related
—
Oct 30, 2009
$633,000
Kore Ventures INC
Cahoots Properties LLC
Warranty Deed
$825,000 · Borrego Springs Bank
Oct 3, 2005
—
Cahoots Props LLC
Owner,record
Grant Deed
related
—
—
—
Kore Ventures INC
—
Deed Of Trust
related
$150,000 · Carter Oil Co INC
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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