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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Bars & Pubs
514 Rte 66, Williams, AZ 86046-2704
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-0140954
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1990
Construction
CONCRETE
Total area
3,216 SF
Lot
0.16 ac (6,970 SF)
APN
200-07-023B
UPID
US07-0140954
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
-
Rulu's 66 Bar and Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.01M
Owner & transaction history
P R N A Ramirez Family LLC · 3 yrs held
P R N A Ramirez Family LLC
since 2022
Last sale
$850,000
7 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 Williams submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williams 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
$1,035,000
ML approach
$1,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,665,000
Current use
COMMERCIAL (GENERAL)
$1,345,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $850k (Sep 30 2022)
Last sale anchor
$850k
Sep 30 2022
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
$313 / 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
$4,628
Tax year 2023
Assessed value
$60,131
Assessed 2024
Previous assessed
$55,275
+8.8% YoY
Effective rate
7.70%
On assessed value
Assessed land
$13,730
Assessed improvement
$46,401
Land market value
$83,212
Improvement market value
$281,220
Total market value
$364,432
Applied tax rate
230.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1990
Construction
CONCRETE
Heating
FORCED AIR
Stories
2
Total area
3,216 SF
Lot
0.16 ac (6,970 SF)
APN
200-07-023B
UPID
US07-0140954
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RESTAURANT Current
COMMERCIAL (GENERAL)
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
1990
Construction
CONCRETE
Heating
FORCED AIR
Stories
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
P R N A Ramirez Family LLC
Entity
Mailing address
1077 W MORSE AVE, WILLIAMS, AZ 86046-2909
Ownership since
2022
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
Sep 30, 2022
$650,000
P R N A Ramirez Family LLC
Daniel Watt
Warranty Deed
$550,000 · Daniel R Watt Etux
Feb 22, 2013
$75,000
Daniel R Wall
Bayview Loan Servicing
Grant Deed
—
Aug 1, 2012
$109,000
Bayview Ln Svcg LLC
Security Title Agency
Trustees Deed
related
—
Jun 27, 2007
$385,000
Benito Ortega
Harris Group Properties LLC
Warranty Deed
—
Jun 27, 2007
—
Benito Ortega
Ortega,benito
Quit Claim Deed
related
—
Apr 18, 2006
—
Harris Group Properties LLC
Harris,maureen
Quit Claim Deed
related
—
Feb 12, 2002
$105,000
Fernly R Harris
Pouquette,r J & Karen
Grant Deed
$175,000 · Stockmen's Bank
—
—
Harris Group Properties LLC
—
Deed Of Trust
related
$180,000 · Alan K & M Jean Gibbons
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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