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Property profile & analytics
FOR SALE
Specialty properties
3600 Rnch Dr Prescott, AZ 86303-6760
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-2648833
For Sale
1 / 24
Contact for pricing
3600 Rnch Dr, Prescott, AZ 86303-6760
View Listing →
Property summary
AI-generated overview
This exceptional 12,034 square foot retail property, located at 3600 Ranch Drive in Prescott, Arizona, presents a compelling investment opportunity. Situated on a 1.08-acre lot, the building previously operated as a fitness center and offers a highly adaptable floor plan suitable for a variety of commercial uses. Detailed medical build-out plans are available upon request. The current sales price of $2,100,000 is based on a pro forma analysis yielding a 10.31% capitalization rate at $18.00 per square foot. Additional documentation is currently being finalized. This property's versatility and strong projected return make it an attractive investment. The property is also available for lease
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2000
Construction
STEEL FRAME
Total area
12,034 SF
Lot
1.08 ac (47,045 SF)
APN
103-49-003
UPID
US07-2648833
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
-
Peak Performance Personal Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Richard C Reimer · 2 yrs held
Richard C Reimer
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+66.3%
Office building
$1.3M
+35.2%
Medical building
$1.1M
+8.4%
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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$995,000
Current use
RESTAURANT
$1,655,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$1,345,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$1,080,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,000,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Mar 13 2024)
Last sale anchor
$1.50M
Mar 13 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
$125 / 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
$13,127
Tax year 2022
Assessed value
$280,525
Assessed 2025
Previous assessed
$280,525
+0.0% YoY
Effective rate
4.68%
On assessed value
Assessed land
$73,726
Assessed improvement
$206,799
Land market value
$491,509
Improvement market value
$1,378,659
Total market value
$1,870,168
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
For Sale
Year built
2000
Construction
STEEL FRAME
Heating
OTHER
Cooling
AC.PACKAGE
Stories
2
Total area
12,034 SF
Lot
1.08 ac (47,045 SF)
APN
103-49-003
UPID
US07-2648833
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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$995,000
RESTAURANT
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
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
2000
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
2
Lot
1.08 ac
Current owner
From public records · entity-resolved
Richard C Reimer
Individual
Free & Clear · 2 yrs held
Mailing address
3654 LIESE DR, PRESCOTT, AZ 86303-5733
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2024
—
Richard C Reimer
Richard C Reimer
Intrafamily Transfer
related
—
Jul 18, 2022
$1,500,000
Sarc Az Prescott LLC
Joseph R Gigantino JR
Special Warranty Deed
$5,090,142 · The Jefferson Bank
Dec 24, 2007
—
Health & Fitness Trust
Gigantino,joseph R JR
Quit Claim Deed
related
—
Nov 30, 2005
$1,400,000
Joseph R Gigantino JR.
Powerhouse Properties LLC
Grant Deed
$716,560 · California Bank & Trust
May 23, 2005
—
Powerhouse Properties LLC
Bade,donald D & Julia K
Quit Claim Deed
related
—
Mar 16, 2000
—
Bullwhacker Associates LP
Yavapai-coconino Title Ttee
Trustees Deed
related
—
Mar 16, 2000
$400,000
Ferrell,norman & Leanne
Bullwhacker Associates LP
Trustees Deed
related
$750,000 · Stockmen's 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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