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Property profile & analytics
OFF-MARKET
Estimated value
$2,550,000
Retail space
650 Whipple St Prescott, AZ 86301-1716
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-2292330
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Construction
CONCRETE
Total area
4,370 SF
Lot
1.23 ac (53,579 SF)
APN
116-20-168
UPID
US07-2292330
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
-
Maverik Adventure's First Stop Gas Station
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.55M
Owner & transaction history
Vernazza Partners LP · 2 yrs held
Vernazza Partners LP
since 2024
Last sale
$2.6M
7 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 Prescott submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Prescott 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
$2,550,000
ML approach
$2,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.55M
Range $2.30M – $2.81M · ±10% · vs last sale $2.55M (Jan 19 2024)
Last sale anchor
$2.55M
Jan 19 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
$584 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$11,316
Tax year 2022
Assessed value
$353,647
Assessed 2025
Previous assessed
$366,084
-3.4% YoY
Effective rate
3.20%
On assessed value
Assessed land
$111,612
Assessed improvement
$242,035
Land market value
$620,064
Improvement market value
$1,344,638
Total market value
$1,964,702
Applied tax rate
120.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2016
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
4,370 SF
Lot
1.23 ac (53,579 SF)
APN
116-20-168
UPID
US07-2292330
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
2016
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Vernazza Partners LP
Entity
Mailing address
3271 OAK KNL DR, REDWOOD CITY, CA 94062-3045
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2024
$2,550,000
Vernazza Partners LP
Niki Prescott LLC
Special Warranty Deed
—
Jan 19, 2024
—
Niki Prescott LLC
Niki Prescott LLC
Intrafamily Transfer
related
—
Dec 20, 2019
—
Niki Prescott LLC
—
Deed
related
$1,265,000 · Miscellaneous Ins Co
Dec 13, 2018
—
Niki Prescott LLC
—
Deed
related
$348,819 · North American Savings Bank Fsb
Dec 30, 2016
—
Niki Prescott LLC
—
Deed
related
$990,000 · North American Savings Bank Fsb
Dec 13, 2016
—
Niki Prescott LLC
—
Deed
related
$915,000 · Marigold Trust (pt)
Oct 14, 2016
$1,415,000
Niki Prescott LLC
Hair M F SR & S M Trust
Grant Deed
—
Feb 20, 2015
$850,000
Hair,michael F SR & S M Trust
Dameron Properties LLC
Grant Deed
—
Aug 25, 2008
—
Dameron Properties LLC
Lamb Trust
Quit Claim Deed
related
—
—
—
Niki Prescott LLC
—
Deed Of Trust
related
$1,265,000 · Miscellaneous Ins Co
—
—
Niki Prescott LLC
—
Deed Of Trust
related
$915,000 · Marigold Trust (pt)
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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