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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Hotels
533 Rte 66, Williams, AZ 86046-2332
Individually Owned
~
Est. High Equity
Property ID
US07-2427437
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1970
Construction
CONCRETE
Total area
3,586 SF
Lot
0.24 ac (10,650 SF)
APN
201-04-009
UPID
US07-2427437
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
-
Highlander Motel Route 66 Williams AZ Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$777k
Blend (final)
Blend
$875k
Owner & transaction history
Alex Ramirez
Alex Ramirez
since 2025
Last sale
$940,000
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
$795,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,445,000
Current use
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $940k (Dec 15 2025)
Last sale anchor
$940k
Dec 15 2025
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
$244 / 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
$3,704
Tax year 2023
Assessed value
$69,528
Assessed 2024
Previous assessed
$57,977
+19.9% YoY
Effective rate
5.33%
On assessed value
Assessed land
$20,595
Assessed improvement
$48,933
Land market value
$124,818
Improvement market value
$296,566
Total market value
$421,384
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
3,586 SF
Lot
0.24 ac (10,650 SF)
APN
201-04-009
UPID
US07-2427437
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
HOTEL/MOTEL Current
Est. value
$1.4M
HOTEL/MOTEL Current
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
1970
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Alex Ramirez
Individual
Mailing address
53 W RTE 66, WILLIAMS, AZ 86046
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2025
$940,000
Alex Ramirez
Nishi Investment LLC
Deed
$700,000 · Nishi Investment LLC
Dec 15, 2025
$940,000
Alex Ramirez
Nishi Investment LLC
Special Warranty Deed
$700,000 · Nishi Investment LLC
Apr 3, 2023
$600,000
Nishi Investment LLC
Ishani Investments LLC
Special Warranty Deed
$500,000 · Ishani Investments LLC
Mar 7, 2014
—
Ishani Investments LLC
Highlander Motel LLC
Grant Deed
—
Jan 31, 2014
$40,000
Drifters LLC
Aernoudt Alain
Grant Deed
—
Oct 10, 2011
—
Highlander Motel LLC
Aernoudt,alain
Quit Claim Deed
related
—
Oct 6, 2011
$375,000
Alain Aernoudt
Brane Ents INC
Grant Deed
—
Jan 19, 2005
$250,000
Brane Ents INC
Ajay Chetna Ents LLC
Warranty Deed
$50,009 · Ajay Chetna Ents LLC
Oct 1, 2004
$250,000
Brane Ents INC
Owner Name Unavailable
Grant Deed
related
—
Mar 31, 1997
$249,000
Ajay Chetna Enterprises LLC
Duncan,duncan Trust
Grant Deed
$186,750 · Commerce Loan Co Ado Bank Of
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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