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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Retail space
674 White Mtn Blvd Pinetop, AZ 85935
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-0104875
Property summary
AI-generated overview
This retail space is located in Pinetop, Arizona. The property is situated on 0.06 acres and offers 2400 square feet of space. The property is zoned for commercial use, and tenants are typically responsible for covering their own utility expenses.
Property profile
Verified
Property type
Retail space
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1974
Total area
19,933 SF
Lot
1.82 ac (79,279 SF)
Zoning code
MUNICIPAL
APN
311-28-031A
UPID
US07-0104875
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
-
Baked In Pinetop Bakery Specialty Food Shop
-
Little Blue Bird Studios (Bike/Boat/Book/etc) Store Printing Service
-
Christian Cartel Textile Manufacturer Factory
-
Ordinary Insurance Agency Of Pinetop Insurance Agency
-
Dr. John C. Woods, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$742k
Blend (final)
Blend
$915k
Owner & transaction history
Aram Properties LP · 5 yrs held
Aram Properties LP
since 2021
Last sale
$800,000
3 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
$1,075,000
ML approach
$1,160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,260,000
Current use
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $800k (Mar 23 2021)
Last sale anchor
$800k
Mar 23 2021
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
$46 / 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
$17,918
Tax year 2023
Assessed value
$191,021
Assessed 2025
Previous assessed
$186,829
+2.2% YoY
Effective rate
9.38%
On assessed value
Assessed land
$65,758
Assessed improvement
$125,263
Land market value
$365,324
Improvement market value
$695,903
Total market value
$1,061,227
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
Retail space
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1974
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
19,933 SF
Lot
1.82 ac (79,279 SF)
Zoning code
MUNICIPAL
APN
311-28-031A
UPID
US07-0104875
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1974
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.82 ac
Current owner
From public records · entity-resolved
Aram Properties LP
Entity
Mailing address
935 W SAN MARCOS BLVD STE #100, SAN MARCOS, CA 92078-1142
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2026
—
Aram Properties LP
—
Deed
related
$500,000 · Integra Bank
Mar 23, 2021
$800,000
Aram Properties LP
Three Bad Wolfs Investments LLC
Warranty Deed
$400,000 · Three Bad Wolfs Investments LLC
Sep 1, 2004
$825,000
Bad Wolfs Investment Three
Armel Enterprises LLC
Warranty Deed
related
$675,000 · Armel Ents LLC
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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