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Property profile & analytics
FOR LEASE
Turn key restaurants
669 Sheldon St Prescott, AZ 86301-3123
Individually Owned
Free & Clear
Property ID
US07-1333797
For Lease
1 / 13
$39 SF/Yr
669 Sheldon St, Prescott, AZ 86301-3123
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2016
Construction
CONCRETE
Total area
2,154 SF
Lot
0.38 ac (16,553 SF)
APN
114-05-001A
UPID
US07-1333797
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
-
State 48 Hometown BBQ Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$855k
Owner & transaction history
Kelly Phillip
Kelly Phillip
since 2026
Last sale
$925,000
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
$660,000
ML approach
$680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$855k
Range $770k – $941k · ±10% · vs last sale $925k (Dec 31 2025)
Last sale anchor
$925k
Dec 31 2025
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
$397 / 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
$6,272
Tax year 2022
Assessed value
$214,076
Assessed 2025
Previous assessed
$239,885
-10.8% YoY
Effective rate
2.93%
On assessed value
Assessed land
$39,560
Assessed improvement
$174,516
Land market value
$219,777
Improvement market value
$969,535
Total market value
$1,189,312
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
2016
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
1
Total area
2,154 SF
Lot
0.38 ac (16,553 SF)
APN
114-05-001A
UPID
US07-1333797
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
YES
Cooling
Yes
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Kelly Phillip
Individual
Free & Clear · 0 yrs held
Mailing address
11850 N ANTELOPE MDWS DR, PRESCOTT VALLEY, AZ 86315-1874
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
—
Kelly Phillip
Lilliana Chernow
Quitclaim Deed
—
Dec 31, 2025
$925,000
Phillip Kelly
Ninety One Holdings INC
Special Warranty Deed
—
Sep 8, 2022
$875,000
Ninety One Holdings INC
Becker Desierto Properties LLC
Special Warranty Deed
$1,324,000 · Midwest Regional Bank
Jul 29, 2021
$800,000
Becker Desierto Properties LLC
Joseph G Lucidi
Special Warranty Deed
$1,077,500 · Fund Ex Solutions Group LLC
Sep 10, 2018
$365,000
Joseph G Lucidi
Sheldon Street Grill LLC
Grant Deed
$328,500 · Sheldon Street Grill LLC
Feb 6, 2015
$260,000
Sheldon Street Grill LLC
Total Home Care LLC
Grant Deed
—
Jan 30, 2013
$235,000
Total Home Care LLC
The Foothills Bank
Correction Deed
related
$160,000 · The Foothills Bank
Jul 24, 2012
—
Foothills Bk
New Cattlemans LLC
Deed In Lieu Of Foreclosure
related
—
Apr 2, 2007
—
New Cattlemens LLC
Charles T Roberts
Warranty Deed
—
Feb 27, 2006
$395,000
Roberts,charles T & Barbara L
Mason Family Trust
Warranty Deed
$440,000 · Summit Bk
Oct 2, 2001
$529,500
Mason Trust
Northwood Properties
Grant Deed
related
$429,500 · Northwood Properties
—
—
Mason,tr
—
Deed Of Trust
related
$430,000 · M & I Marshall & Isley Bank
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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