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Property profile & analytics
OFF-MARKET
Retail space
60 Cortez Dr Sedona, AZ 86351-8888
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-0611112
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Construction
STEEL FRAME
Total area
631 SF
Lot
0.04 ac (1,751 SF)
APN
405-40-004
UPID
US07-0611112
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
-
Sculpture in Sedona Art Gallery Art School
-
SALT | PINE Metaphysical Supply Store Gift Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Keegan Kuhn · 1 yrs held
Keegan Kuhn
since 2025
Last sale
$330,000
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 Sedona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sedona 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,385
Tax year 2022
Assessed value
$37,240
Assessed 2025
Previous assessed
$33,009
+12.8% YoY
Effective rate
3.72%
On assessed value
Assessed land
$7,136
Assessed improvement
$30,104
Land market value
$39,646
Improvement market value
$167,247
Total market value
$206,893
Applied tax rate
971.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
631 SF
Lot
0.04 ac (1,751 SF)
APN
405-40-004
UPID
US07-0611112
Jurisdiction
YAVAPAI
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
1999
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Keegan Kuhn
Individual
Mailing address
40124 SUN STEP CIR, HOMER, AK 99603-9491
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2025
$315,000
Keegan Kuhn
Holly Sanger
Special Warranty Deed
—
Oct 24, 2022
$330,000
Holly Sanger
Peter Gould Richardson
Special Warranty Deed
—
Jun 29, 2015
$215,000
Peter Richardson
Hannifan Kerry M & Jo L
Grant Deed
$170,000 · Ronald G Mansoldo
Sep 30, 1998
$80,000
Kerry M Hannifan
Fry Trust
Grant Deed
$150,000 · Individual
Dec 11, 1995
$68,000
Fry Trust
Brown,kelly R & Beverly M
Grant Deed
—
—
—
Kerry M Hannifan
—
Deed Of Trust
related
$350,000 · James A & Susan D Fraser
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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