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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Apartment buildings
3400 Kofa Dr Flagstaff, AZ 86005-6640
Individually Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-0771958
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2010
Total area
4,638 SF
Lot
3.89 ac (169,448 SF)
APN
105-04-002K
UPID
US07-0771958
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
$475k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$764k
Blend (final)
Blend
$615k
Owner & transaction history
Oakwood Village III Of Flagstaff · 18 yrs held
Oakwood Village III Of Flagstaff
since 2008
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$845,000
+23.4%
Commercial (general)
$770,000
+12.1%
Medical building
$760,000
+10.8%
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
Method
Estimation
Statistic approach
by Request
ML approach
$475,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$685,000
Current use
AUTO REPAIR, GARAGE
$845,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$770,000
Change: +12% · Conversion: Moderate
MEDICAL BUILDING
$760,000
Change: +11% · Conversion: Moderate
OFFICE BUILDING
$710,000
Change: +4% · Conversion: Moderate
WAREHOUSE, STORAGE
$615,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$133 / 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
$19,337
Tax year 2023
Assessed value
$1,798,367
Assessed 2024
Previous assessed
$1,506,249
+19.4% YoY
Effective rate
1.08%
On assessed value
Assessed land
$136,914
Assessed improvement
$1,661,453
Land market value
$1,369,140
Improvement market value
$16,614,525
Total market value
$17,983,665
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
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2010
Heating
NONE
Buildings
6
Stories
1
Total area
4,638 SF
Lot
3.89 ac (169,448 SF)
APN
105-04-002K
UPID
US07-0771958
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$845,000
COMMERCIAL (GENERAL)
Est. value
$770,000
MEDICAL BUILDING
Est. value
$760,000
OFFICE BUILDING
Est. value
$710,000
WAREHOUSE, STORAGE
Est. value
$615,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2010
Heating
NONE
Stories
1
Buildings
6
Lot
3.89 ac
Current owner
From public records · entity-resolved
Oakwood Village III Of Flagstaff
Individual
Free & Clear · 18 yrs held
Mailing address
4745 N 7TH ST STE #110, PHOENIX, AZ 85014-3666
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2009
—
Oakwood Village III Of Flagstaff
—
Trustees Deed
related
$4,000,000 · Us Bank NA
Feb 28, 2008
$812,000
Oakwood Village III Of Flagstaff
Wescap Investments INC
Grant Deed
—
Feb 12, 2008
—
Wescap Investments INC
Kofa Holdings LLC
Quit Claim Deed
related
—
Jan 23, 2008
—
Oakwood Village III Of Flagstaff
Kofa Holdings LLC
Quit Claim Deed
related
—
May 19, 2003
—
Kofa Holdings LLC
Oakwood Village III Flagstaff
Quit Claim Deed
related
—
—
—
Oakwood Village III Of Flagstaff
—
Deed Of Trust
related
$2,654,000 · Arizona Department Of Housing
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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