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Property profile & analytics
OFF-MARKET
Estimated value
$6,485,000
Manufacturing properties
500 Columbia Ave Holbrook, AZ 86025-2012
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-1498144
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2007
Total area
100,000 SF
Lot
68.45 ac (2,981,682 SF)
Zoning code
MUNICIPAL
APN
109-37-005C
UPID
US07-1498144
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
$7.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.31M
Blend (final)
Blend
$6.49M
Owner & transaction history
Tac Vega Az Owner LLC · 5 yrs held
Tac Vega Az Owner LLC
since 2021
Last sale
$6.0M
6 recorded transactions
Zoning & alternative use
MUNICIPAL · Holbrook, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
city code
Top alternative use upside
Retail stores
$10.5M
+12.5%
Restaurant
$10.3M
+10.0%
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 Holbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holbrook 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
$8,070,000
ML approach
$7,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,365,000
Current use
RETAIL STORES
$10,535,000
Change: +12% · Conversion: Moderate
RESTAURANT
$10,300,000
Change: +10% · Conversion: Difficult
WAREHOUSE, STORAGE
$8,305,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$6.49M
Range $5.84M – $7.13M · ±10% · vs last sale $6.00M (May 7 2021)
Last sale anchor
$6.00M
May 7 2021
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
$65 / 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
$30,132
Tax year 2023
Assessed value
$348,652
Assessed 2025
Previous assessed
$359,097
-2.9% YoY
Effective rate
8.64%
On assessed value
Assessed land
$4,261
Assessed improvement
$344,391
Land market value
$28,407
Improvement market value
$2,295,939
Total market value
$2,324,346
Applied tax rate
355.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2007
Heating
SPACE
Buildings
2
Stories
1
Total area
100,000 SF
Lot
68.45 ac (2,981,682 SF)
Zoning code
MUNICIPAL
APN
109-37-005C
UPID
US07-1498144
Jurisdiction
NAVAJO
Zoning & alternative use
MUNICIPAL · Holbrook, AZZoning MUNICIPAL · permitted uses
MUNICIPAL · Holbrook, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
city code
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$9.4M
RETAIL STORES
Est. value
$10.5M
RESTAURANT
Est. value
$10.3M
WAREHOUSE, STORAGE
Est. value
$8.3M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
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
2007
Heating
SPACE
Stories
1
Buildings
2
Lot
68.45 ac
Current owner
From public records · entity-resolved
Tac Vega Az Owner LLC
Entity
Mailing address
301 EDGEWATER PL STE #405, WAKEFIELD, MA 01880-1249
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2022
—
Tac Vega Az Owner LLC
—
Deed
related
$15,000,000 · East West Bank
May 7, 2021
$1,400,000
Tac Vega Az Owner LLC
K Group Partners LLC
Special Warranty Deed
—
Aug 6, 2014
$950,000
500 Columbia LLC
Sa Group Properties INC
Quit Claim Deed
—
Dec 7, 2011
—
Sa Group Properties INC
Partition Systems INC Of Sc
Deed In Lieu Of Foreclosure
related
—
Oct 5, 2006
$42,100
Partition Systems INC Of Sc
City Of Holbrook
Warranty Deed
—
—
—
Partition Systems INC Of Sc
—
Deed Of Trust
related
$4,000,000 · First Community 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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