Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Motels
577 White Mtn Blvd Pinetop, AZ 85935-5021
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-1580971
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1969
Construction
STEEL FRAME
Total area
3,744 SF
Lot
0.28 ac (12,197 SF)
Zoning code
MUNICIPAL
APN
311-28-037B
UPID
US07-1580971
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
$550k
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$471k
Blend (final)
Blend
$550k
Owner & transaction history
Hilltop Apartments LLC · 2 yrs held
Hilltop Apartments LLC
since 2024
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
MUNICIPAL · Pinetop, AZ
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 Pinetop submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pinetop 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
$550,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$575,000
7%
$535,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$660,000
Current use
COMMERCIAL (GENERAL)
$610,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$585,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (May 2 2024)
Last sale anchor
$550k
May 2 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
$147 / 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
$2,438
Tax year 2023
Assessed value
$39,798
Assessed 2025
Previous assessed
$39,798
+0.0% YoY
Effective rate
6.13%
On assessed value
Assessed land
$10,538
Assessed improvement
$29,260
Land market value
$58,546
Improvement market value
$162,554
Total market value
$221,100
Applied tax rate
3,232.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1969
Construction
STEEL FRAME
Heating
FLOOR FURNACE
Cooling
WINDOW A/C
Stories
1
Total area
3,744 SF
Lot
0.28 ac (12,197 SF)
Zoning code
MUNICIPAL
APN
311-28-037B
UPID
US07-1580971
Jurisdiction
NAVAJO
Zoning & alternative use
MUNICIPAL · Pinetop, AZZoning MUNICIPAL · permitted uses
MUNICIPAL · Pinetop, AZ
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
$660,000
COMMERCIAL (GENERAL)
Est. value
$610,000
OFFICE BUILDING
Est. value
$585,000
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1969
Construction
STEEL FRAME
Heating
FLOOR FURNACE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Hilltop Apartments LLC
Entity
Mailing address
1160 S HIGHLAND DR, SNOWFLAKE, AZ 85937-5561
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2026
—
Hilltop10 LLC
—
Deed
related
$520,000 · Scottsdale Community Bank
May 2, 2024
$550,000
Hilltop Apartments LLC
Cody A Gibbons
Warranty Deed
$507,375 · Mortgage Makers LLC
May 2, 2024
—
Rhonda Ellsworth
Hilltop Apartments LLC
Beneficiary Deed
—
Dec 15, 2022
—
Hilltop Apartments LLC
—
Deed
related
$50,000 · Ryan Ellsworth Etal
Oct 20, 2021
—
Cody A Gibbons
Cody A Gibbons
Intrafamily Transfer
related
—
Oct 6, 2021
—
Cody A Gibbons
Twila J Silba
Warranty Deed
—
Mar 5, 2012
$996,000
Gates,twila J
Krause,alan J
Warranty Deed
—
Jun 26, 2009
$999,500
Alan J Krause
Gates,twila J
Warranty Deed
$999,500 · Twila J Gates
Sep 4, 2003
$380,000
Twila J Gates
Hilltop House Family Restuaran
Grant Deed
$315,000 · Pr Investors Services 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 577 White Mtn Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
