Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    697 6th St Prescott, AZ 86301-2057

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    697 6th St Prescott, AZ 86301-2057

    View on Map
    • Warehouses
    • 890 SF
    • 0.02 lot acres
    Off-Market
    Property ID
    US07-1554048
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Smart Start Ignition Interlock / Building Supply / General Contractor
    • Aspen Valley Homes Inc / Construction Company / General Contractor
    • Stress Solutions LLC, Myofascial Release, Angela DeMatteis MT CPT CES / Alternative Medicine Practice / Spa & Massage Center
    • Joan Knight Designs / Clothing & Fashion Store
    • AT Overland Equipment / Auto Parts Store / Big Box & Wholesale Store

    Property Details for 697 6th St

    Year built
    2007
    Lot size
    0.02 lot acres
    Property size
    890 SF
    Property type
    Warehouses
    APN
    114-01-114
    APU
    11401114

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.464
    Latitude
    34.5524
    CBSA code
    39150
    CBSA name
    PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $705
    $5,270
    $26,648
    $31,918
    -
    $29,277
    $148,042
    $177,319

    Comparable in this City

    • Value Estimation by Request
      16,990 SF

      2899 Venture Dr

      WAREHOUSE, STORAGE • 16,990 SF
      2899 Venture Dr, Prescott, AZ 86301-8471
      View Details
    • Value Estimation
      $545,000
      37,618 SF

      2899 Venture Dr

      WAREHOUSE, STORAGE • 37,618 SF
      2899 Venture Dr, Prescott, AZ 86301-8471
      View Details
    • Value Estimation
      $545,000
      37,618 SF

      2899 Venture Dr

      WAREHOUSE, STORAGE • 37,618 SF
      2899 Venture Dr, Prescott, AZ 86301-8471
      View Details
    • Value Estimation by Request
      18,872 SF

      2899 Venture Dr

      WAREHOUSE, STORAGE • 18,872 SF
      2899 Venture Dr, Prescott, AZ 86301-8471
      View Details
    • Value Estimation by Request
      18,872 SF

      2899 Venture Dr

      WAREHOUSE, STORAGE • 18,872 SF
      2899 Venture Dr, Prescott, AZ 86301-8471
      View Details
    • Value Estimation by Request
      16,990 SF

      2899 Venture Dr

      WAREHOUSE, STORAGE • 16,990 SF
      2899 Venture Dr, Prescott, AZ 86301-8471
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,112 SF

      Modern Office/Industrial Facility For Sale

      Modern office/industrial building with exceptional access and functionality in Prescott.
      2220 Taxi Way, Prescott, AZ 86301
      View Details
    • Contact for pricing

      Warehouse on 2.91ac Site

      10,060 SF warehouse on 2.91ac site, new construction opportunity.
      6400 Lear Ln, Prescott, AZ 86301
      View Details
    • $1,175,000
      4,900 SF

      Versatile Industrial Space in Prescott

      4,900 SF industrial building with offices and expansion potential.
      6655 Inter Cal Way, Prescott, AZ 86301
      View Details
    • $145,000
      0.01 Acres

      RV/Storage Condo End Unit

      Rare 13' x 50' RV/Storage condo with secured access.
      2899 Venture Dr, Prescott, AZ 86301
      View Details
    • $3,200,000
      1.77 Acres

      Modern Prescott Office/Industrial Facility

      Modern office/industrial building with exceptional access and functionality in Prescott, Arizona.
      2220 Taxi Way, Prescott, AZ 86301
      View Details
    • $3,750,000
      11,600 SF

      Prescott Multifamily Investment Opportunity

      Fully leased 12-unit multifamily portfolio in downtown Prescott.
      214 N Arizona Ave, Prescott, AZ 86301
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      72,310 SF

      Functional Warehouse Space For Lease

      2,500 SF warehouse space in Prescott Regional Airpark.
      2227 Cirrus Dr, Prescott, AZ 86301
      View Details
    • $15 SF/Yr
      165,092 SF

      Prescott Flex Space For Lease

      Customizable flex space ideal for warehousing, distribution, and manufacturing.
      2620 Deep Wl Rnch Rd, Prescott, AZ 86301
      View Details
    • $11 SF/Yr
      43,996 SF

      Updated Warehouse Space Near Courthouse

      Updated warehouse with offices, truck wells, and ample parking.
      600 E Moeller St, Prescott, AZ 86301
      View Details
    • $12 SF/Yr
      261,360 SF

      Industrial Space in Prescott Available

      81,600 SF industrial space for lease in Prescott, Arizona.
      2222 Cirrus Unit 103 Dr, Prescott, AZ 86301
      View Details
    • $12 SF/Yr
      261,360 SF

      Industrial Space in Prescott Available

      81,600 SF industrial space for lease in Prescott, Arizona.
      2222 Cirrus Unit 102 Dr, Prescott, AZ 86301
      View Details
    • $13 SF/Yr
      29,185 SF

      Versatile Commercial Space Near Downtown

      Adaptable commercial space suitable for retail, office, or service businesses.
      540 6Th St, Prescott, AZ 86301
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    697 6th St
    Prescott, AZ 86301-2057
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!