Property profile

1365 W Grant Rd Tucson, AZ 85745

FOR SALE
Motels
Property ID
US07-0019712
48,163 SF 3.97 ac lot Built 1967
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

In Tucson, Arizona, this 148-room hotel occupies approximately 5.95 acres (about 91,308 square feet of building area) and is positioned just off Interstate 10, with access to the University of Arizona and Downtown Tucson. The property includes a 16,000-square-foot banquet facility and more than 520 parking spaces. A liquor license is part of the property, and a restaurant space is leased on-site. The building’s room layout includes adjoining doors for unit combination. The location provides proximity to Saguaro National Park and Reid Park Zoo, and the overall configuration has potential for adaptive reuse such as affordable housing, nonprofit shelter facilities, or student housing, subject to applicable regulatory approvals and use requirements.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1967
Construction FRAME
Total area 48,163 SF
Lot 3.97 ac (172,786 SF)
APN 115-16-019U
UPID US07-0019712

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Restaurant
  • Hotel & Motel
  • Hotel & Motel

Location

1365 W Grant Rd Tucson, AZ 85745
Tucson metro Census 1200 TUCSON, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.26M
CAP Approach CAP
$5.55M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.31M

Owner & transaction history

since 2022
Last sale
$6.0M
7 recorded transactions
2022
$6.0M
2019
Price N/A
2018
Price N/A
2014
Price N/A
2007
$7.3M
2006
Price N/A
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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