New search
Property profile & analytics
FOR SALE
Parking lots & garages
120 N Stone Ave, Tucson, AZ 85701
Individually Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-0760520
For Sale
1 / 3
$4,987,000
120 N Stone Ave, Tucson, AZ 85701
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1973
Construction
CONCRETE
Total area
33,880 SF
Lot
1.01 ac (44,177 SF)
APN
117-13-044B
UPID
US07-0760520
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
-
PNC Mortgage Loan Service Bank
-
Better Business Bureau Serving Southern Arizona Charitable Organization Social Service Agency
-
PNC ATM Atm
-
PNC Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$636k
Blend (final)
Blend
$700k
Owner & transaction history
Owner Name Unavailable · 16 yrs held
Owner Name Unavailable
since 2010
7 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 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
by Request
ML approach
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10%
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
$21 / 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
$25,320
Tax year 2023
Assessed value
$795,449
Assessed 2024
Previous assessed
$672,070
+18.4% YoY
Effective rate
3.18%
On assessed value
Assessed land
$159,037
Assessed improvement
$636,412
Land market value
$883,540
Improvement market value
$3,535,622
Total market value
$4,419,162
Applied tax rate
150.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
For Sale
Year built
1973
Construction
CONCRETE
Heating
NONE
Stories
4
Total area
33,880 SF
Lot
1.01 ac (44,177 SF)
APN
117-13-044B
UPID
US07-0760520
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
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE
Heating
NONE
Stories
4
Lot
1.01 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Free & Clear · 16 yrs held
Mailing address
3901 E BROADWAY BLVD, TUCSON, AZ 85711-3452
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2018
—
120 North Stone LLC
—
Deed
related
$600,000 · 120 Stone Lender II LLC
Apr 9, 2010
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Feb 27, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Apr 4, 2005
$4,992,423
Bp Escuela LLC
Bp La Placita Village Inve
Grant Deed
related
—
Nov 22, 2004
$7,800,000
La Placita Village Invtrs L Bp
Mro Southwest INC
Grant Deed
related
$7,150,000 · National Bank Arizona
May 27, 1999
$1,150,000
Mivi La Placita Parking LLC
Rosenbaum Trust
Grant Deed
related
—
—
—
Hsl La Placita LLC
—
Deed Of Trust
related
$2,000,000 · 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?”
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.
