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Property profile & analytics
OFF-MARKET
Estimated value
$3,830,000
Hotels
3725 Kaspar Dr Flagstaff, AZ 86004-2310
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-3414118
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1989
Construction
STEEL FRAME
Total area
21,828 SF
Lot
2.56 ac (111,644 SF)
APN
113-23-004K
UPID
US07-3414118
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
by Request
CAP Approach
CAP
$2.59M
Comparable Approach
Comparable
$3.98M
Blend (final)
Blend
$3.83M
Owner & transaction history
Aanika Hospitality Corp · 19 yrs held
Aanika Hospitality Corp
since 2007
5 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 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%
$2,800,000
6.5%
$2,585,000
7%
$2,400,000
Blend value · Realmo final
$3.83M
Range $3.45M – $4.21M · ±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
$175 / 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
$48,515
Tax year 2023
Assessed value
$634,475
Assessed 2024
Previous assessed
$583,305
+8.8% YoY
Effective rate
7.65%
On assessed value
Assessed land
$245,787
Assessed improvement
$388,688
Land market value
$1,489,617
Improvement market value
$2,355,683
Total market value
$3,845,300
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
2
Stories
2
Total area
21,828 SF
Lot
2.56 ac (111,644 SF)
APN
113-23-004K
UPID
US07-3414118
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
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
2
Buildings
2
Lot
2.56 ac
Current owner
From public records · entity-resolved
Aanika Hospitality Corp
Entity
Mailing address
3417 S BROWN SAGE CT, FLAGSTAFF, AZ 86005-2785
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2007
$4,450,000
Aanika Hospitality Corp
Flagstaff East Hotel LLC
Special Warranty Deed
$3,185,000 · The Stockmens Bank
Jul 31, 2002
—
Hitiesh Patel
Csfb 1998-ci Flagstaff LLC
Grant Deed
$1,686,000 · California Bank & Trust
—
—
Aanika Hospitality Corp
—
Deed Of Trust
related
$2,216,608 · Sunwest Bank
—
—
Aanika Hospitality Corp
—
Deed Of Trust
related
$550,000 · Sunwest Bank
—
—
Flagstaff East Hotel LLC
—
Deed Of Trust
related
$3,100,000 · Hanmi 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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