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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Commercial kitchens
888 Grand Cyn Blvd, Williams, AZ 86046-2017
Entity Owned
~
Est. High Equity
Property ID
US07-1695660
Property summary
AI-generated overview
This 3,407 square foot former Pizza Hut restaurant presents a unique investment opportunity in Williams, Arizona. Located on a 0.71-acre lot at 888 N Grand Canyon Blvd, this fee-simple property boasts 38 parking spaces and is zoned for Central Business District use, offering considerable flexibility for redevelopment. The building, constructed in 1998, benefits from its high-traffic location on N. Grand Canyon Blvd, averaging 6,700 vehicles per day (VPD), and its proximity to Interstate 40, a major thoroughfare with over 21,000 VPD. Convenient on/off ramp access enhances visibility and accessibility. The property is situated within a thriving retail corridor, surrounded by numerous national and credit tenants including Love's, Circle K, La Quinta, Dollar General, McDonald's, Comfort Inn, and Holiday Inn Express. A strong demographic profile supports the area, with over 3,000 residents and 3,000 employees within the trade area, boasting an average household income of $73,133. The asking price is $965,000. This property offers significant potential for retail or commercial redevelopment in a high-demand location. The APN is 200-09-017B.
Property profile
Verified
Property type
Commercial kitchens
Use group
TAKE-OUT RESTAURANT
Year built
1998
Construction
STEEL FRAME
Total area
3,407 SF
Lot
0.71 ac (30,928 SF)
APN
200-09-017B
UPID
US07-1695660
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
-
Pizza Hut Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$679k
Blend (final)
Blend
$1.00M
Owner & transaction history
Grand Canyon Acquisition Partners L
Grand Canyon Acquisition Partners L
since 2025
Last sale
$950,000
2 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 Williams submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williams 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
$1,030,000
ML approach
$1,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,425,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $950k (May 14 2025)
Last sale anchor
$950k
May 14 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
$294 / 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
$8,253
Tax year 2023
Assessed value
$105,267
Assessed 2024
Previous assessed
$100,103
+5.2% YoY
Effective rate
7.84%
On assessed value
Assessed land
$30,499
Assessed improvement
$74,768
Land market value
$184,843
Improvement market value
$453,139
Total market value
$637,982
Applied tax rate
230.0000
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
Commercial kitchens
Use group
TAKE-OUT RESTAURANT
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
3,407 SF
Lot
0.71 ac (30,928 SF)
APN
200-09-017B
UPID
US07-1695660
Jurisdiction
COCONINO
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
COMMERCIAL (GENERAL)
Est. value
$1.4M
COMMERCIAL (GENERAL)
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
1998
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Grand Canyon Acquisition Partners L
Entity
Mailing address
10355 CENTREPARK DR STE #100, HOUSTON, TX 77043-1370
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2025
$950,000
Grand Canyon Acquisition Partners L
Emerge Properties Az LLC
Special Warranty Deed
$1,000,000 · Academy Bank NA
Jun 23, 2020
$779,000
Emergel Properties Az LLC
Pizza Hut Of Arizona INC
Special Warranty Deed
—
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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