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Property profile & analytics
OFF-MARKET
Mining land & claims
500 Luke Ln Clarkdale, AZ 86324
Entity Owned
Free & Clear
Property ID
US07-1111271
Property profile
Verified
Property type
Mining land & claims
Use group
MINING, MINERAL, QUARRIES
Year built
1953
Construction
CONCRETE
Total area
19,324 SF
Lot
121.26 ac (5,282,051 SF)
APN
400-02-004H
UPID
US07-1111271
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
-
Clarkdale Minerals LLC Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Freeport Minerals Corporation
Freeport Minerals Corporation
since 2025
Last sale
$6.8M
4 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 Clarkdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarkdale 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$49,091
Tax year 2022
Assessed value
$1,488,855
Assessed 2025
Previous assessed
$1,456,922
+2.2% YoY
Effective rate
3.30%
On assessed value
Assessed land
$188,515
Assessed improvement
$1,300,340
Land market value
$1,047,307
Improvement market value
$7,224,111
Total market value
$8,271,418
Applied tax rate
360.0000
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
Mining land & claims
Use group
MINING, MINERAL, QUARRIES
Status
Off-Market
Year built
1953
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Buildings
6
Stories
2
Total area
19,324 SF
Lot
121.26 ac (5,282,051 SF)
APN
400-02-004H
UPID
US07-1111271
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
1953
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
2
Buildings
6
Lot
121.26 ac
Current owner
From public records · entity-resolved
Freeport Minerals Corporation
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 910, CLARKDALE, AZ 86324-0910
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2025
$6,750,000
Freeport Minerals Corporation
Clarkdale Minerals LLC
Special Warranty Deed
—
Dec 22, 2025
—
Freeport Minerals Corporation
Clarkdale Minerals LLC
Quitclaim Deed
related
—
May 15, 2024
$1,000,000
Luke Lane Properties LLC
Clarkdale Minerals LLC
Warranty Deed
—
Feb 15, 2007
—
Clarkdale Minerals LLC
Transylvania International INC
Grant Deed
related
—
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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