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Property profile & analytics
OFF-MARKET
Warehouses
1331 Fairway Dr Nogales, AZ 85621-3822
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-3484747
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Construction
STEEL FRAME
Total area
10,500 SF
Lot
3.81 ac (165,964 SF)
APN
113-45-164A
UPID
US07-3484747
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
-
Ruby J Farms LLC Agricultural Supply Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
First Interstate Bank · 2 yrs held
First Interstate Bank
since 2024
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 Nogales submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nogales 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Property tax & assessments
Assessed value
$216,325
Assessed 2023
Previous assessed
$199,680
+8.3% YoY
Assessed land
$20,912
Assessed improvement
$195,413
Land market value
$116,175
Improvement market value
$1,085,628
Total market value
$1,201,803
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
STEEL FRAME
Heating
SPACE
Buildings
4
Stories
1
Units
1
Rooms
3
Total area
10,500 SF
Lot
3.81 ac (165,964 SF)
APN
113-45-164A
UPID
US07-3484747
Jurisdiction
SANTA CRUZ
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
1977
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
4
Units
1
Rooms
3
Lot
3.81 ac
Current owner
From public records · entity-resolved
First Interstate Bank
Entity
Mailing address
1331 W FAIRWAY DR #1331, NOGALES, AZ 85621-3822
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2024
$2,135,537
First Interstate Bank
Ruby J Farms LLC
Trustees Deed
related
—
Dec 9, 2022
—
Ruby J Farms LLC
—
Deed
related
$2,000,000 · First Interstate Bank
Aug 4, 2021
—
Ruby J Farms LLC
—
Deed
related
$550,000 · 1st Bank Yuma
Jan 11, 2021
—
Ruby J Farms LLC
—
Deed
related
$1,000,000 · 1st Bk Yuma
Jun 2, 2020
—
Ruby J Farms LLC
—
Deed
related
$750,000 · Jpmorgan Chase Bank NA
Oct 16, 2017
—
Ruby J Farms LLC
—
Deed
related
$1,000,000 · 1st Bk Yuma
Aug 15, 2016
—
Ruby J Farms LLC
—
Deed
related
$740,000 · 1st Bk Yuma
Dec 24, 2008
$900,100
Ruby J Farms LLC
Produce Nation LLC
Grant Deed
—
Sep 5, 2007
$900,000
Produce Nation LLC
Fresh-co Investments LLC
Grant Deed
$630,000 · Fresh-co Investments LLC
—
—
Ruby J Farms LLC
—
Deed Of Trust
related
$1,000,000 · 1st Bk Yuma
—
—
Ruby J Farms LLC
—
Deed Of Trust
related
$1,015,000 · 1st Bk Yuma
—
—
Ruby J Farms LLC
—
Loan Modification
related
$1,000,000 · 1st Bk Yuma
—
—
Ruby J Farms LLC
—
Deed Of Trust
related
$740,000 · 1st Bk Yuma
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
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