Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Retail space
1065 Miracle Mile Tucson, AZ 85705-3715
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-0967460
Property summary
AI-generated overview
This freestanding retail storefront, located at 1065 W Miracle Mile in Tucson, Arizona (zip code 85705), presents a unique owner-user investment opportunity. The 3,860 square foot building sits on a substantial 35,288 square foot lot and boasts excellent visibility due to its Miracle Mile frontage and multiple access points. Built in 1953 and extensively renovated in 2024, the property includes a 7.5' x 6' roll-up door, perfect for loading and unloading. Interior features include two offices, a reception area, and a restroom. Recent improvements include a resealed roof (April 2024), new epoxy flooring, and the installation of two mini-split HVAC systems (approximately two years ago). The property benefits from its convenient location near Interstate 10, providing easy access for customers and employees. A large, gated, and fenced backyard offers ample space for storage or expansion. The permitted zoning is C-2 (86%) and MH-2 (14%) in Tucson. The asking price is $725,000. The property's APN is 107-06-073B. This well-maintained building offers a blend of classic charm and modern updates, making it an ideal location for a variety of retail businesses.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1953
Construction
FRAME
Total area
3,860 SF
Lot
0.8 ac (34,811 SF)
APN
107-06-073B
UPID
US07-0967460
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
-
Tucson Awning & Screen a RYR,LLC company General Contractor
-
Tucson Awning and Screen Building Supply Hardware & Home Improvement
-
Tucson Awning and Screen, RYR, LLC Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$420k
Blend (final)
Blend
$660k
Owner & transaction history
3d Holdings Az LLC · 1 yrs held
3d Holdings Az LLC
since 2025
Last sale
$650,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$945,000
+96.2%
Medical building
$860,000
+78.9%
Auto repair, garage
$745,000
+54.2%
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 Tucson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tucson 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
$765,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
RETAIL STORES
$480,000
Current use
COMMERCIAL (GENERAL)
$945,000
Change: +96% · Conversion: Easy
MEDICAL BUILDING
$860,000
Change: +79% · Conversion: Difficult
AUTO REPAIR, GARAGE
$745,000
Change: +54% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$710,000
Change: +47% · Conversion: Moderate
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $650k (Mar 7 2025)
Last sale anchor
$650k
Mar 7 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
$171 / 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
$5,741
Tax year 2023
Assessed value
$55,584
Assessed 2024
Previous assessed
$43,765
+27.0% YoY
Effective rate
10.33%
On assessed value
Assessed land
$25,064
Assessed improvement
$30,520
Land market value
$139,244
Improvement market value
$169,556
Total market value
$308,800
Applied tax rate
850.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1953
Construction
FRAME
Heating
SPACE
Cooling
EVAPORATIVE
Stories
1
Total area
3,860 SF
Lot
0.8 ac (34,811 SF)
APN
107-06-073B
UPID
US07-0967460
Jurisdiction
PIMA
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
RETAIL STORES Current
Est. value
$480,000
COMMERCIAL (GENERAL)
Est. value
$945,000
MEDICAL BUILDING
Est. value
$860,000
AUTO REPAIR, GARAGE
Est. value
$745,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$710,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1953
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
3d Holdings Az LLC
Entity
Mailing address
11420 N VLG CYN PL, ORO VALLEY, AZ 85737-8649
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
$650,000
3d Holdings Az LLC
The Taitum Group LLC
Special Warranty Deed
$552,500 · America First FCU
Dec 29, 2020
$355,000
Taitum Group LLC
Logan Family Trust
Warranty Deed
$310,000 · Logan Family Trust (pt)
Jul 23, 2018
—
Logan Family Trust
Logan,sam T
Quit Claim Deed
related
—
Aug 3, 2017
—
Sam T Logan
Logan,a Joanna
Affidavit Of Death
related
$100,000 · National Bk/az
May 9, 1995
$155,000
Sam T Logan
Hb Mm-west L L C
Grant Deed
$140,000 · Seller
—
—
Samuel T Logan
—
Deed Of Trust
related
$135,000 · National Bank Arizona
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1065 Miracle Mile?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
