Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5430 Distinction Way Prescott, AZ 86301-8437

    • Medical offices
    • 13,046 SF
    • 2.59 lot acres
    OFF-MARKET
    Last Sale
    Jan 04, 2022
    $8,100,000
    Value Estimations
    $5,910,000
    Show details
    Cap Rate Potential
    3.5%
    Medical offices
    Location Intelligence
    Property ID
    US07-2796951
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tri City Surgery Center / Surgical Center
    • Dr. Jay S. Goswick, DO / Urologist

    Property Details for 5430 Distinction Way

    Year built
    2005
    Construction
    STEEL FRAME
    Lot size
    2.59 lot acres
    Property size
    13,046 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    102-06-206J
    APU
    10206206J

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,120,000
      ML approach
      $6,290,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,565,000
      Market price range: $1.84M - $3.57M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $4,320,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.423
    Latitude
    34.6324
    CBSA code
    39150
    CBSA name
    PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $38,650
    $70,848
    $994,136
    $1,064,984
    -
    $472,322
    $6,627,574
    $7,099,896

    Comparable in this City

    • Value Estimation
      $740,000
      4,762 SF

      808 Ainsworth Dr

      MEDICAL CLINIC • 4,762 SF
      808 Ainsworth Dr, Prescott, AZ 86301-1625
      View Details
    • Value Estimation by Request
      1,644 SF

      703 Gurley St

      MEDICAL BUILDING • 1,644 SF
      703 Gurley St, Prescott, AZ 86301-3240
      View Details
    • Value Estimation by Request
      1,400 SF

      112 Whipple St

      MEDICAL CLINIC • 1,400 SF
      112 Whipple St, Prescott, AZ 86301-1713
      View Details
    • Value Estimation by Request
      1,648 SF

      1767 Willow Crk Rd

      MEDICAL BUILDING • 1,648 SF
      1767 Willow Crk Rd, Prescott, AZ 86301-1154
      View Details
    • Value Estimation
      $715,000
      5,655 SF

      1680 Willow Crk Rd

      MEDICAL CLINIC • 5,655 SF
      1680 Willow Crk Rd, Prescott, AZ 86301-1108
      View Details
    • Value Estimation
      $3,120,000
      21,154 SF

      Prescott, AZ 86301

      MEDICAL CLINIC • 21,154 SF
      Prescott, AZ 86301
      View Details

    Similar Nearby for Sale

    • $599,478
      0.20 Acres

      Downtown Prescott Commercial Opportunity

      Versatile commercial space in downtown Prescott, suitable for various businesses.
      112 N Summit Ave, Prescott, AZ 86301
      View Details
    • $1,820,000
      4,922 SF

      Prescott Medical Office Building

      Net-leased medical office, high cap rate.
      999 Division St, Prescott, AZ 86301
      View Details
    • $3,375,000
      7,500 SF

      Prescott Medical Office Building

      7,500 SF Medical/Office, Vacant, $450/SF
      3213 Lakeside Vlg, Prescott, AZ 86301
      View Details
    • $1,125,000
      2,500 SF

      Prescott Medical Office Building

      Brand new, vacant medical office space.
      3225 Lakeside Vlg, Prescott, AZ 86301
      View Details
    • $2,137,500
      4,750 SF

      Prescott Medical Office Building

      Brand new, vacant medical office space.
      3233 Lakeside Vlg, Prescott, AZ 86301
      View Details
    • New
      $475,000
      1,361 SF

      Professional Office Building Near Hospital

      Well-maintained office building suitable for healthcare providers or investment.
      143 E Merritt St, Prescott, AZ 86301
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      44,431 SF

      Prescott Medical/Office Space Available

      Versatile 1,800 SF medical/office space in Prescott, Arizona.
      1000 Willow Creek Rd, Prescott, AZ 86301
      View Details
    • $18 SF/Yr
      11,622 SF

      Carson Medical Office Building

      Prime Medical/Office Space Available
      804 Ainsworth Dr, Prescott, AZ 86301
      View Details
    • $14 SF/Yr
      871 SF

      Medical Office Space For Rent

      Highly desired location near Dignity Hospital and medical offices.
      1003 Division #2 St, Prescott, AZ 86301
      View Details
    • $14 SF/Yr
      19,166 SF

      Prescott Commercial Space Near Hospital

      Medical/office space near hospital with parking and advertising options.
      242 Whipple St, Prescott, AZ 86301
      View Details
    • $19 SF/Yr
      11,761 SF

      Medical Office Building For Lease

      Prime medical office building near hospital, ready for immediate occupancy.
      1202 Willow Creek Rd, Prescott, AZ 86301
      View Details
    • $19 SF/Yr
      11,761 SF

      Medical/Professional Office Space Available

      Prime office space near hospital, suitable for medical or professional use.
      1202 Willow Creek Rd, Prescott, AZ 86301
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5430 Distinction Way
    Prescott, AZ 86301-8437
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.