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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Mining land & claims
5400 Empire Ave Flagstaff, AZ 86004-2922
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US07-3345781
Property profile
Verified
Property type
Mining land & claims
Use group
MINING, MINERAL, QUARRIES
Year built
1985
Construction
CONCRETE
Total area
3,020 SF
Lot
5.03 ac (219,107 SF)
APN
113-11-002E
UPID
US07-3345781
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
-
The Landscape Connection, TLC, Inc. Garden Center Hardware & Home Improvement
-
Rent a Dumpster Source Waste Management Facility Hazardous Waste Disposal
-
Bleeker's Boxes Waste Management Facility
-
Sunrise Lions Charity Auction Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
David Hooker · 21 yrs held
David Hooker
since 2005
5 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 Flagstaff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flagstaff 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
by Request
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$620,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$560,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$495,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$490,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$440,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±10%
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
$195 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$14,064
Tax year 2024
Assessed value
$183,980
Assessed 2025
Previous assessed
$183,144
+0.5% YoY
Effective rate
7.64%
On assessed value
Assessed land
$69,063
Assessed improvement
$114,917
Land market value
$431,641
Improvement market value
$718,229
Total market value
$1,149,870
Applied tax rate
150.0000
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
Mining land & claims
Use group
MINING, MINERAL, QUARRIES
Status
Off-Market
Year built
1985
Construction
CONCRETE
Heating
SPACE
Buildings
2
Stories
2
Total area
3,020 SF
Lot
5.03 ac (219,107 SF)
APN
113-11-002E
UPID
US07-3345781
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
COMMERCIAL (GENERAL)
Est. value
$620,000
OFFICE BUILDING
Est. value
$560,000
MEDICAL BUILDING
Est. value
$495,000
AUTO REPAIR, GARAGE
Est. value
$490,000
WAREHOUSE, STORAGE
Est. value
$440,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1985
Construction
CONCRETE
Heating
SPACE
Stories
2
Buildings
2
Lot
5.03 ac
Current owner
From public records · entity-resolved
David Hooker
Individual
Mailing address
5400 E EMPIRE AVE, FLAGSTAFF, AZ 86004-2922
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2018
—
Clinton H Bleeker
—
Deed
related
$250,000 · Scott William C Living (lt)
Jul 22, 2005
$150,000
David Hooker
Bleeker,clinton H & Gillian
Grant Deed
$145,000 · Clinton H & Gillian Bleeker
Apr 29, 2003
$250,000
Clinton H Bleeker
Agra-technologies Incorp
Grant Deed
$220,000 · William C Scott
—
—
Clinton H Bleeker
—
Deed Of Trust
related
$250,000 · Scott William C Living (lt)
—
—
Clint Bleeker
—
Deed Of Trust
related
$50,000 · Landscape Connection Tlc INC
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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