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Property profile & analytics
FOR LEASE
Medical Office Space
804 Ainsworth Dr Prescott, AZ 86301
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-0531686
For Lease
1 / 36
Contact for pricing
804 Ainsworth Dr, Prescott, AZ 86301
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Property summary
AI-generated overview
This single-story, 11,622 square foot Class B medical office building, constructed in 2003 and renovated in 2009, sits on a 1.11-acre lot at the Willow Creek cross street. The property is zoned C-3 PAD and features four suites, with 4,885 square feet currently vacant. The minimum divisible space is 992 square feet, while up to 11,622 contiguous square feet is available. The building offers a convenient location behind Dignity Health West, providing easy access to hospital facilities and ample parking. Ideal for medical professionals or businesses seeking proximity to healthcare services, this property boasts a functional layout including private offices and a welcoming lobby area. The building is equipped with ample natural light and is well-suited for growing businesses or established practices. While there are no elevators, the single-story design ensures easy accessibility. The property's APN is 103-08-075C. This is a rare opportunity to secure prime commercial space in a desirable location.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2003
Construction
STEEL FRAME
Total area
9,282 SF
Lot
1.12 ac (48,787 SF)
APN
116-19-001M
UPID
US07-0531686
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
-
Arizona Cardiac Sleep Facility Physician
-
Fred Markham, MD Physician
-
Hirasa Thomas MD Physician
-
Huang Donald J MD Physician
-
Dr. Alan S. Walters, MD Physician Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.81M
CAP Approach
CAP
$2.33M
Comparable Approach
Comparable
$2.08M
Blend (final)
Blend
$2.19M
Owner & transaction history
Julie Anne Carson · 5 yrs held
Julie Anne Carson
since 2021
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.1M
+47.5%
Office building
$2.3M
+11.2%
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
$1,735,000
ML approach
$1,805,000
CAP Approach
CAP Return
Estimation
6%
$2,520,000
6.5%
$2,325,000
7%
$2,160,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,085,000
Current use
RESTAURANT
$3,075,000
Change: +48% · Conversion: Difficult
OFFICE BUILDING
$2,315,000
Change: +11% · Conversion: Easy
RETAIL STORES
$2,035,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±10% · vs last sale $2.60M (Jun 18 2021)
Last sale anchor
$2.60M
Jun 18 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
$236 / 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
$19,653
Tax year 2022
Assessed value
$377,320
Assessed 2025
Previous assessed
$409,443
-7.8% YoY
Effective rate
5.21%
On assessed value
Assessed land
$62,071
Assessed improvement
$315,249
Land market value
$413,807
Improvement market value
$2,101,660
Total market value
$2,515,467
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
For Lease
Year built
2003
Construction
STEEL FRAME
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
9,282 SF
Lot
1.12 ac (48,787 SF)
APN
116-19-001M
UPID
US07-0531686
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.1M
RESTAURANT
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.0M
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
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
2003
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Julie Anne Carson
Individual
Mailing address
2116 FRST MTN RD, PRESCOTT, AZ 86303-6910
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2021
$2,600,000
Julie Anne Carson
Thomas R Morris
Warranty Deed
—
Jun 18, 2021
—
Thomas R Morris
Thomas Randall Morris
Intrafamily Transfer
related
—
Jul 27, 2015
—
Thomas R Morris
Morris Family Trust
Quit Claim Deed
related
—
Nov 27, 2013
—
Morris Family Trust
Morris,thomas R & Jacqueline L
Quit Claim Deed
related
—
Nov 16, 2011
—
Thomas R Morris
Morris,thomas R
Quit Claim Deed
related
—
Sep 29, 2011
$1,675,000
Thomas R Morris
F L Brown Ents LLC
Grant Deed
$1,000,000 · Occidental Life Ins Co/nc
May 24, 2004
—
F L Brown Enterprises LLC
—
Trustees Deed
related
$900,000 · National Bank Arizona
Aug 25, 2003
—
F L Brown Enterprises LLC
—
Deed Of Trust
related
$1,275,000 · National Bank Arizona
Mar 25, 2003
—
F L Brown Enterprises LLC
—
Trustees Deed
related
—
Dec 23, 2002
—
F L Brown LLC
Yavapai County (az)
Quit Claim Deed
related
$160,000 · National Bank Arizona
—
—
Fl Brown Ents LLC
—
Deed Of Trust
related
$900,000 · Summit 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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