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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Office buildings
606 Beaver St Flagstaff, AZ 86001-3012
Individually Owned
5-yr Hold
Free & Clear
Property ID
US07-0128561
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1959
Construction
CONCRETE
Total area
1,786 SF
Lot
0.16 ac (6,970 SF)
APN
101-08-024
UPID
US07-0128561
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
-
Alpine Wellness Center Wellness Program
-
Dr. Patricia L. Clarke, MD Physician
-
Many Mindful Moments Alternative Medicine Practice
-
Beyond the Pines: A Flagstaff Wellness Collective Gym & Fitness Center Alternative Medicine Practice
-
Shedoc Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$830k
CAP Approach
CAP
$405k
Comparable Approach
Comparable
$577k
Blend (final)
Blend
$610k
Owner & transaction history
Flagstaff Historical Preservat · 5 yrs held
Flagstaff Historical Preservat
since 2020
Last sale
$557,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$710,000
+23.0%
Commercial (general)
$705,000
+22.1%
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
$735,000
ML approach
$830,000
CAP Approach
CAP Return
Estimation
6%
$440,000
6.5%
$405,000
7%
$375,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$580,000
Current use
WAREHOUSE, STORAGE
$710,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$705,000
Change: +22% · Conversion: Easy
AUTO REPAIR, GARAGE
$530,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $557k (Oct 19 2020)
Last sale anchor
$557k
Oct 19 2020
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
$342 / 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
$2,326
Tax year 2023
Assessed value
$49,450
Assessed 2024
Previous assessed
$44,489
+11.2% YoY
Effective rate
4.70%
On assessed value
Assessed land
$18,072
Assessed improvement
$31,378
Land market value
$151,230
Improvement market value
$256,649
Total market value
$407,879
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1959
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
1,786 SF
Lot
0.16 ac (6,970 SF)
APN
101-08-024
UPID
US07-0128561
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
OFFICE BUILDING Current
Est. value
$580,000
WAREHOUSE, STORAGE
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$530,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1959
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Flagstaff Historical Preservat
Individual
Free & Clear · 5 yrs held
Mailing address
4401 N US HWY 89TH 2ND STE #2, FLAGSTAFF, AZ 86004-2469
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2021
—
Flagstaff Historical Preservation L
—
Deed
related
$800,000 · Western Alliance Bank
Oct 19, 2020
$557,000
Flagstaff Historical Preservat
Patricia Clarke
Warranty Deed
—
Jul 7, 2005
$432,500
Patricia Clarke
Marchesky,william D
Warranty Deed
$346,000 · First State Bank
—
—
Patricia Clarke
—
Deed Of Trust
related
$230,000 · Prime Lndg
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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