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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Office buildings
5000 Mediterranean Dr, Sierra Vista, AZ 85635-2422
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-0985502
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
STEEL FRAME
Total area
6,289 SF
Lot
0.71 ac (30,928 SF)
APN
107-16-013B
UPID
US07-0985502
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
-
Waddell & Reed, Inc. - Financial Advisors Financial Advisor
-
Northwest Rheumatology Medical Clinic
-
Tok Ulker MD Physician
-
Cardinal Pointe Financial Group - Ameriprise Financial Services, LLC Financial Advisor
-
Stephen T Hester - Private Wealth Advisor, Ameriprise Financial Services, LLC Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.04M
Owner & transaction history
Harter Holdings LLC · 2 yrs held
Harter Holdings LLC
since 2023
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$995,000
+5.5%
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 Sierra Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sierra Vista 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
$1,210,000
ML approach
$1,075,000
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$790,000
7%
$735,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$940,000
Current use
RESTAURANT
$995,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10% · vs last sale $1.00M (Nov 3 2023)
Last sale anchor
$1.00M
Nov 3 2023
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
$165 / 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
$11,774
Tax year 2023
Assessed value
$101,591
Assessed 2024
Previous assessed
$101,591
+0.0% YoY
Effective rate
11.59%
On assessed value
Assessed land
$13,917
Assessed improvement
$87,674
Land market value
$92,783
Improvement market value
$584,496
Total market value
$677,279
Applied tax rate
6,830.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
6,289 SF
Lot
0.71 ac (30,928 SF)
APN
107-16-013B
UPID
US07-0985502
Jurisdiction
COCHISE
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
OFFICE BUILDING Current
Est. value
$940,000
RESTAURANT
Est. value
$995,000
OFFICE BUILDING Current
RESTAURANT
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
2004
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Harter Holdings LLC
Entity
Mailing address
1601 PASEO SAN LUIS #100, SIERRA VISTA, AZ 85635-4779
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2023
—
Harter Holdings LLC
Groth Rutherford Browning & Scott L
Re-recorded Document
related
$510,000 · Commerce Bank Of Arizona
Nov 3, 2023
$1,000,000
Harter Holdings LLC
Groth Rutherford Browning & Scott L
Special Warranty Deed
$510,000 · Commerce Bank Of Arizona
Jun 30, 2020
—
Groth Rutherford Browning & Sc
—
Deed
related
$1,240,000 · American Sw Cu
Mar 31, 2005
—
Rutherford Browning Groth
—
Trustees Deed
related
$742,650 · Stockmen's Bank
May 10, 2004
—
Rutherford Browning Groth
—
Trustees Deed
related
$531,000 · Stockmen's Bank
Aug 5, 2003
$125,320
Groth Rutherford Properties Ll
Adams,michael D & Phyllis R
Grant Deed
$100,000 · Michael D & Phyllis R Adams
—
—
Groth Rutherford Browning & Sc
—
Deed Of Trust
related
$1,240,000 · American Sw Cu
—
—
Rutherford Browning Groth
—
Deed Of Trust
related
$60,000 · 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.
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