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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Office Spaces
401 Calvary Way Ste A Cottonwood, AZ 86326-4165
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1392720
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2004
Construction
STEEL FRAME
Total area
14,308 SF
Lot
0.04 ac (1,742 SF)
APN
406-08-025H
UPID
US07-1392720
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
-
Dr. Farshid F. Paydar, MD Ophthalmologist
-
Pawn Palace Discount Store (Bike/Boat/Book/etc) Store
-
Northern Arizona Orthopaedics Physician
-
Dr. Karen E. Apodaca, MD Pediatrician Physician
-
Arizona Grand Medical Center Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$915k
Owner & transaction history
Serjik Nazarian · 4 yrs held
Serjik Nazarian
since 2021
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 Cottonwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cottonwood 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$64 / 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
$3,852
Tax year 2022
Assessed value
$124,954
Assessed 2025
Previous assessed
$120,810
+3.4% YoY
Effective rate
3.08%
On assessed value
Assessed land
$14,280
Assessed improvement
$110,674
Land market value
$79,331
Improvement market value
$614,853
Total market value
$694,184
Applied tax rate
630.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
OTHER
Cooling
AC.PACKAGE
Stories
2
Total area
14,308 SF
Lot
0.04 ac (1,742 SF)
APN
406-08-025H
UPID
US07-1392720
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
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Serjik Nazarian
Individual
Mailing address
401 S CALVARY WAY STE A, COTTONWOOD, AZ 86326-4165
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Dec 17, 2021
—
Serjik Nazarian
Serjik Nazarian
Intrafamily Transfer
related
—
Sep 16, 2021
—
Serjik Nazarian
Serjik Nazarian
Intrafamily Transfer
related
—
Aug 29, 2006
—
Serjik Nazarian
Serjik Nazarian
Intrafamily Transfer
related
$706,458 · National Bank Of Arizona
—
—
Serjik Nazarian
—
Deed Of Trust
related
$270,000 · Jp Morgan Chase Bk
—
—
Serjik Nazarian
—
Deed Of Trust
related
$50,000 · Jp Morgan Chase Bk
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
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