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Property profile & analytics
OFF-MARKET
Estimated value
$3,930,000
Medical Office Space
140 Speedway Blvd, Tucson, AZ 85705-7686
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-0824582
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1990
Construction
FRAME
Total area
13,817 SF
Lot
3.36 ac (146,427 SF)
APN
115-08-121B
UPID
US07-0824582
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
-
Deforest Amber MD Physician
-
Dr. William Lowe Pediatrician Physician
-
Schildt Mark A MD Physician
-
Merilac Lodge-Maternity Home Social Service Agency Charitable Organization
-
Sarah Carpenter Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.91M
CAP Approach
CAP
$2.41M
Comparable Approach
Comparable
$5.32M
Blend (final)
Blend
$3.93M
Owner & transaction history
Pima County Community College Distr · 3 yrs held
Pima County Community College Distr
since 2022
Last sale
$4.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.4M
+108.7%
Apartment house (5+ units)
$3.5M
+14.9%
Commercial (general)
$3.4M
+9.7%
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
$3,815,000
ML approach
$3,910,000
CAP Approach
CAP Return
Estimation
6%
$2,610,000
6.5%
$2,410,000
7%
$2,240,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,085,000
Current use
RESTAURANT
$6,435,000
Change: +109% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,545,000
Change: +15% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,380,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,660,000
Change: -14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,535,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$3.93M
Range $3.54M – $4.32M · ±10% · vs last sale $4.00M (Aug 17 2022)
Last sale anchor
$4.00M
Aug 17 2022
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
$284 / 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
Assessed value
$716,220
Assessed 2024
Previous assessed
$622,784
+15.0% YoY
Assessed land
$105,427
Assessed improvement
$610,793
Land market value
$585,708
Improvement market value
$3,393,297
Total market value
$3,979,005
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Total area
13,817 SF
Lot
3.36 ac (146,427 SF)
APN
115-08-121B
UPID
US07-0824582
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
MEDICAL BUILDING Current
Est. value
$3.1M
RESTAURANT
Est. value
$6.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
MEDICAL BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
3.36 ac
Current owner
From public records · entity-resolved
Pima County Community College Distr
Entity
Mailing address
4905 E BROADWAY BLVD, TUCSON, AZ 85709-1010
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2022
$4,000,000
Pima County Community College Distr
Catholic Cmnty Svcs Of Southern Az
Special Warranty Deed
—
Dec 7, 1998
—
Catholic Community Services
Roman Catholic Church
Quit Claim Deed
related
—
—
—
Catholic Cmnty Svcs Of Sthrn Az I
—
Deed Of Trust
related
$1,950,000 · Compass Bank
—
—
Catholic Community Svcs Of Southe
—
Deed Of Trust
related
$1,450,000 · Alliance Bank Of Arizona
—
—
Catholic Cmnty Svcs Of Sthrn Az
—
Deed Of Trust
related
$2,200,000 · Industrial Dev Authority/pima
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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