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Property profile & analytics
OFF-MARKET
Estimated value
$2,365,000
Medical Office Space
350 Switzer Cyn Dr Flagstaff, AZ 86001-4826
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-1608019
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2011
Total area
13,966 SF
Lot
2.35 ac (102,366 SF)
APN
101-25-003C
UPID
US07-1608019
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
-
Barnet Dulaney Perkins Eye Center Eye Care Center Lasik Surgeon
-
DAWN BEATA BARROWMAN Physician
-
Jordan MacKay Graff, MD Ophthalmologist
-
David Felsted, DO Ophthalmologist
-
Zachary Joe Berbos, MD, FACS Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.61M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.37M
Owner & transaction history
Store Master Funding I LLC · 7 yrs held
Store Master Funding I LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.9M
+25.1%
Restaurant
$2.6M
+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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,820,000
6.5%
$2,605,000
7%
$2,420,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,325,000
Current use
AUTO REPAIR, GARAGE
$2,910,000
Change: +25% · Conversion: Difficult
RESTAURANT
$2,580,000
Change: +11% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,265,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$2.37M
Range $2.13M – $2.60M · ±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
$169 / 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
$46,063
Tax year 2023
Assessed value
$808,787
Assessed 2024
Previous assessed
$745,609
+8.5% YoY
Effective rate
5.70%
On assessed value
Assessed land
$171,944
Assessed improvement
$636,843
Land market value
$1,042,086
Improvement market value
$3,859,657
Total market value
$4,901,743
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
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
2011
Heating
NONE
Stories
1
Total area
13,966 SF
Lot
2.35 ac (102,366 SF)
APN
101-25-003C
UPID
US07-1608019
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
MEDICAL BUILDING Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.9M
RESTAURANT
Est. value
$2.6M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
INDUSTRIAL (GENERAL)
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
2011
Heating
NONE
Stories
1
Lot
2.35 ac
Current owner
From public records · entity-resolved
Store Master Funding I LLC
Entity
Mailing address
8377 E HARTFORD DR STE #100, SCOTTSDALE, AZ 85255-5686
Ownership since
2019
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
Mar 7, 2019
$3,501,924
Store Master Funding I LLC
Store Master Funding X LLC
Warranty Deed
—
Apr 3, 2017
$3,621,947
Store Master Funding X LLC
Bdpec Medical Properties LLC
Special Warranty Deed
$3,650,000 · Citibank NA
Mar 4, 2011
$600,000
Bdpec Medical Properties LLC
Hoskins Nicolas B
Trustees Deed
—
Sep 30, 2009
—
Sacks,darryl R & Carol E Trust
Sacks,darryl R & Carol E
Quit Claim Deed
related
—
Jan 30, 2007
—
Jrm Ents LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Darryl R Sacks
—
Loan Modification
related
$130,000 · Key Bank NA
—
—
Bdpec Medical Properties LLC
—
Deed Of Trust
related
$780,000 · Compass Bank
—
—
Bdpec Medical Properties LLC
—
Deed Of Trust
related
$2,027,000 · Compass Bank
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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