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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Office Spaces
142 Pennington St, Tucson, AZ 85701
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US07-0857546
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1947
Construction
FRAME
Total area
4,939 SF
Lot
0.14 ac (6,309 SF)
APN
117-11-1040
UPID
US07-0857546
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
$650k
CAP Approach
CAP
$935k
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$905k
Owner & transaction history
Francisco Gamez · 27 yrs held
Francisco Gamez
since 1998
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
$650,000
CAP Approach
CAP Return
Estimation
6%
$1,010,000
6.5%
$935,000
7%
$865,000
Blend value · Realmo final
$905k
Range $815k – $996k · ±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
$183 / 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
$15,837
Tax year 2023
Assessed value
$186,071
Assessed 2024
Previous assessed
$170,770
+9.0% YoY
Effective rate
8.51%
On assessed value
Assessed land
$22,712
Assessed improvement
$163,359
Land market value
$126,180
Improvement market value
$907,550
Total market value
$1,033,730
Applied tax rate
163.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1947
Construction
FRAME
Heating
FORCED AIR
Stories
2
Total area
4,939 SF
Lot
0.14 ac (6,309 SF)
APN
117-11-1040
UPID
US07-0857546
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
1947
Construction
FRAME
Heating
FORCED AIR
Stories
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Francisco Gamez
Individual
Mailing address
PO BOX 1670, IOWA CITY, IA 52244-1670
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2021
—
Francisco Gamez
—
Deed
related
$1,670,500 · First Fidelity Bank
Jun 18, 2020
—
Francisco Gamez
—
Deed
related
$1,150,000 · Nh Lenders I
Jun 21, 2017
—
Francisco Gamez
—
Deed
related
$300,000 · National Hldgs 401k Pl Tr (ct)
Jul 31, 1998
$250,000
Francisco Gamez
Us West Communications INC
Grant Deed
$250,000 · Mortgages Ltd
—
—
Francisco Gamez
—
Deed Of Trust
related
$725,000 · Mortgages Ltd
—
—
Francisco Gamez
—
Deed Of Trust
related
$968,208 · Bank Of Tucson
—
—
Francisco Gamez
—
Deed Of Trust
related
$1,150,000 · Nh Lenders I
—
—
Francisco Gamez
—
Deed Of Trust
related
$300,000 · National Hldgs 401k Pl Tr (ct)
—
—
Francisco Gamez
—
Deed Of Trust
related
$450,000 · Nh Lenders I LLC
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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