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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Apartment buildings
1211 9th St, Tucson, AZ 85719-5472
Entity Owned
4-yr Hold
Property ID
US07-3359992
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1953
Construction
FRAME
Total area
8,613 SF
Lot
0.83 ac (36,176 SF)
APN
124-06-0970
UPID
US07-3359992
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
$1.19M
CAP Approach
CAP
$1.36M
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.40M
Owner & transaction history
Ff Spe 1 LLC · 4 yrs held
Ff Spe 1 LLC
since 2021
Last sale
$1.4M
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
$1,475,000
ML approach
$1,185,000
CAP Approach
CAP Return
Estimation
6%
$1,475,000
6.5%
$1,360,000
7%
$1,265,000
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.39M (Sep 20 2021)
Last sale anchor
$1.39M
Sep 20 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
$163 / 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
$9,864
Tax year 2023
Assessed value
$233,907
Assessed 2024
Previous assessed
$200,928
+16.4% YoY
Effective rate
4.22%
On assessed value
Assessed land
$90
Assessed improvement
$233,817
Land market value
$502
Improvement market value
$1,298,986
Total market value
$1,299,488
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1953
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
15
Total area
8,613 SF
Lot
0.83 ac (36,176 SF)
APN
124-06-0970
UPID
US07-3359992
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
1953
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
15
Lot
0.83 ac
Current owner
From public records · entity-resolved
Ff Spe 1 LLC
Entity
Mailing address
2030 E BROADWAY BLVD STE #22, TUCSON, AZ 85719-5907
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2021
$1,386,000
Ff Spe 1 LLC
Jon Craig Thush
Special Warranty Deed
$1,386,000 · Jon Craig Thush Etux
Jul 29, 2016
$1,145,000
Sandra F Thush
Dandy 9th LLC
Grant Deed
—
Nov 30, 2012
$975,000
Dandy 9th LLC
Reidhead Family Investment
Warranty Deed
—
Aug 7, 2008
—
Reidhead Family Invs LLC
Mcleod,john
Quit Claim Deed
related
—
Jan 25, 2008
$975,000
John Mcleod
Gdss LLC
Warranty Deed
related
$682,500 · Zions First National Bank
May 18, 2005
$1,203,000
Gdss LLC
Vpa LLC
Warranty Deed
related
$863,000 · Vpa LLC
Oct 10, 2000
—
Lipman,philip A & Pamela K
Chamberlain,angie
Trustees Deed
related
$145,500 · Individual
Jun 27, 2000
$375,000
Douglas A Beman
Walters,candace G
Grant Deed
related
—
Jul 2, 1993
$260,000
Candace G Walters
Weber Trust
Grant Deed
related
$220,000 · Seller
Apr 29, 1991
—
Weber Robert W
Unknown
Grant Deed
related
—
—
—
Philip A Lipman
—
Deed Of Trust
related
$39,751 · Douglas A & Linda J Berman
—
—
Philip A Lipman
—
Deed Of Trust
related
$325,000 · Washington Federal Savings
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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