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Property profile & analytics
OFF-MARKET
Estimated value
$1,860,000
Office Spaces
145 6th Ave, Tucson, AZ 85701-2007
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-1315202
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1903
Construction
FRAME
Total area
10,789 SF
Lot
0.42 ac (18,130 SF)
APN
117-17-0170
UPID
US07-1315202
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
-
Mills Jolene E Law Firm
-
Davis Barry M Law Firm
-
Stanton Bloom Law Office Law Firm
-
Ethan Steele P.C. Law Firm
-
Jefferson Keenan Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.04M
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.86M
Owner & transaction history
Lemonds Holdings LLC · 9 yrs held
Lemonds Holdings LLC
since 2017
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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,210,000
6.5%
$2,040,000
7%
$1,895,000
Blend value · Realmo final
$1.86M
Range $1.67M – $2.05M · ±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
$172 / 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
$23,139
Tax year 2023
Assessed value
$225,984
Assessed 2024
Previous assessed
$223,790
+1.0% YoY
Effective rate
10.24%
On assessed value
Assessed land
$55,478
Assessed improvement
$170,506
Land market value
$308,210
Improvement market value
$947,257
Total market value
$1,255,467
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
1903
Construction
FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Buildings
3
Stories
2
Total area
10,789 SF
Lot
0.42 ac (18,130 SF)
APN
117-17-0170
UPID
US07-1315202
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
1903
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Lot
0.42 ac
Current owner
From public records · entity-resolved
Lemonds Holdings LLC
Entity
Mailing address
700 16TH ST16B, DENVER, CO 80202-3229
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2017
—
Lemonds Holdings LLC
Willard Partners LLC
Grant Deed
—
Feb 17, 2015
—
Willard Partners LLC
Willard Partners
Quit Claim Deed
related
—
Nov 7, 1997
—
Allen Ozdemir
Oscar Elias
Quit Claim Deed
related
—
Nov 18, 1991
$220,000
R B Price
Willar
Grant Deed
$200,000 · Interwest Bank
Aug 26, 1991
—
Betty A Weaver
Unknown
Grant Deed
related
—
—
—
Willard Partners
—
Deed Of Trust
related
$79,620 · Individual
—
—
Lemonds Holdings LLC
—
Deed Of Trust
related
$1,332,000 · Mountain W Small Busn Fin
—
—
Lemonds Holdings LLC
—
Deed Of Trust
related
$1,617,086 · Us Small Busn Admn
—
—
Willard Partnership
—
Deed Of Trust
related
$440,581 · Individual
—
—
Lemonds Holdings LLC
—
Loan Modification
related
$1,165,200 · Meadows Bk
—
—
Lemonds Holdings LLC
—
Loan Modification
related
$1,619,000 · Small Busn Lndg Div
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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