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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Hotels
818 Tombstone Cyn, Bisbee, AZ 85603-1076
Individually Owned
3-yr Hold
Free & Clear
Property ID
US07-0869492
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1917
Construction
CONCRETE
Total area
8,383 SF
Lot
2 ac (87,120 SF)
APN
103-60-123
UPID
US07-0869492
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$795k
Owner & transaction history
T Sloan Wilson Boochever · 3 yrs held
T Sloan Wilson Boochever
since 2022
Last sale
$800,000
3 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 Bisbee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bisbee 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
$790,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$610,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,210,000
Current use
OFFICE BUILDING
$1,100,000
Change: -9% · Conversion: Difficult
RETAIL STORES
$1,000,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $800k (Aug 22 2022)
Last sale anchor
$800k
Aug 22 2022
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
$95 / 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
$15,838
Tax year 2023
Assessed value
$125,115
Assessed 2024
Previous assessed
$146,524
-14.6% YoY
Effective rate
12.66%
On assessed value
Assessed land
$12,527
Assessed improvement
$112,588
Land market value
$83,514
Improvement market value
$750,586
Total market value
$834,100
Applied tax rate
250.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1917
Construction
CONCRETE
Heating
FORCED AIR
Cooling
REFRIGERATOR
Stories
2
Total area
8,383 SF
Lot
2 ac (87,120 SF)
APN
103-60-123
UPID
US07-0869492
Jurisdiction
COCHISE
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
HOTEL/MOTEL Current
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
HOTEL/MOTEL Current
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
1917
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
2 ac
Current owner
From public records · entity-resolved
T Sloan Wilson Boochever
Individual
Free & Clear · 3 yrs held
Mailing address
PO BOX 453, BISBEE, AZ 85603-0453
Ownership since
2022
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
Aug 22, 2022
$800,000
T Sloan Wilson Boochever
Paula Roth
Warranty Deed
—
Oct 3, 2005
$665,000
Paula Roth
Blankenbeckler,jeffrey P & Bobby A
Warranty Deed
$390,000 · Velocity Commercial Capital
Oct 7, 1997
$412,333
Jeffrey P Blankenbeckler
Negus,marc & Shirl
Grant Deed
$385,000 · Republic 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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