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Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Office buildings
3173 Clearwater Dr Prescott, AZ 86305-7125
Entity Owned
2-yr Hold
Free & Clear
Property ID
US07-1410214
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Construction
STEEL FRAME
Total area
6,260 SF
Lot
0.16 ac (6,970 SF)
APN
106-49-008M
UPID
US07-1410214
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
-
Law Offices of Robert L. Fruge' Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$1.38M
Owner & transaction history
K&m Custom Homes LLC · 2 yrs held
K&m Custom Homes LLC
since 2024
Last sale
$1.4M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+91.9%
Retail stores
$1.6M
+43.5%
Medical building
$1.4M
+30.0%
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
$1,375,000
ML approach
$1,375,000
CAP Approach
CAP Return
Estimation
6%
$1,620,000
6.5%
$1,495,000
7%
$1,385,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,080,000
Current use
RESTAURANT
$2,075,000
Change: +92% · Conversion: Moderate
RETAIL STORES
$1,550,000
Change: +43% · Conversion: Moderate
MEDICAL BUILDING
$1,405,000
Change: +30% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,065,000
Change: -1% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,060,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±10% · vs last sale $1.38M (Mar 19 2024)
Last sale anchor
$1.38M
Mar 19 2024
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
$220 / 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
$10,399
Tax year 2022
Assessed value
$241,836
Assessed 2025
Previous assessed
$221,645
+9.1% YoY
Effective rate
4.30%
On assessed value
Assessed land
$10,121
Assessed improvement
$231,715
Land market value
$56,227
Improvement market value
$1,287,304
Total market value
$1,343,531
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
6,260 SF
Lot
0.16 ac (6,970 SF)
APN
106-49-008M
UPID
US07-1410214
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
OFFICE BUILDING Current
Est. value
$1.1M
RESTAURANT
Est. value
$2.1M
RETAIL STORES
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2008
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
K&m Custom Homes LLC
Entity
Free & Clear · 2 yrs held
Mailing address
8645 N YEARLING DR, PRESCOTT VALLEY, AZ 86315-9802
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2024
$1,375,000
K&m Custom Homes LLC
Barton Brown
Special Warranty Deed
—
Oct 3, 2008
—
Brown Barton & Lisa Fam Trust
—
Trustees Deed
related
$900,000 · National Bank Arizona
Feb 25, 2008
—
Mortenson Family Trust
Mortenson,steven & Wendy
Quit Claim Deed
related
—
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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