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Property profile & analytics
OFF-MARKET
Estimated value
$126,000,000
Apartment buildings
555 Frst Mdws St Flagstaff, AZ 86001-3600
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-2574778
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2016
Total area
6,493 SF
Lot
6.07 ac (264,409 SF)
APN
103-32-006A
UPID
US07-2574778
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$126.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$126.00M
Owner & transaction history
So Fremont Station Owner LLC · 1 yrs held
So Fremont Station Owner LLC
since 2024
Last sale
$126.0M
6 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
$126,000,000
ML approach
$126,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$126.00M
Range $113.40M – $138.60M · ±10% · vs last sale $126.00M (Nov 5 2024)
Last sale anchor
$126.00M
Nov 5 2024
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
$19,406 / 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
$690,009
Tax year 2023
Assessed value
$14,418,707
Assessed 2024
Previous assessed
$12,717,947
+13.4% YoY
Effective rate
4.79%
On assessed value
Assessed land
$226,141
Assessed improvement
$14,192,566
Land market value
$2,136,424
Improvement market value
$139,601,156
Total market value
$141,737,580
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
2016
Heating
NONE
Buildings
16
Stories
1
Total area
6,493 SF
Lot
6.07 ac (264,409 SF)
APN
103-32-006A
UPID
US07-2574778
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
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Stories
1
Buildings
16
Lot
6.07 ac
Current owner
From public records · entity-resolved
So Fremont Station Owner LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2024
$126,000,000
So Fremont Station Owner LLC
Ccc Flagstaff LLC
Special Warranty Deed
$493,800,000 · Citi Real Estate Funding INC
Oct 23, 2017
—
Ccc-flagstaffllc
—
Deed
related
$16,648 · Cadence Bk NA
Dec 11, 2015
$4,750,000
Ccc-flagstaff LLC
Thompson,f W & Dorothy J
Grant Deed
—
Aug 7, 2006
$2,900,000
Thompson,f W & Dorothy J
State Farm Mutual Automobile I
Grant Deed
$1,500,000 · National Bk/az
—
—
Ccc-flagstaff LLC
—
Deed Of Trust
related
$58,351,670 · Cadence Bk
—
—
Ccc-flagstaffllc
—
Deed Of Trust
related
$16,648 · Cadence Bk NA
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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