Back to Search
Property profile & analytics
FOR SALE
Medical Office Space
1590 Paseo San Luis Sierra Vista, AZ 85635
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-0784527
For Sale
1 / 31
$1,999,000
1590 Paseo San Luis, Sierra Vista, AZ 85635
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2010
Total area
6,500 SF
APN
107-78-006
UPID
US07-0784527
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
-
Arizona Family Care Associates Medical Clinic
-
Serfino Leonardo MD Physician
-
Abeleda Joselita MD Pediatrician Medical Clinic
-
P3HealthPartners Medical Clinic
-
Regent Physicians Physician Referral Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$935k
Comparable Approach
Comparable
$862k
Blend (final)
Blend
$825k
Owner & transaction history
Mark Lucero · 6 yrs held
Mark Lucero
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+44.8%
Office building
$975,000
+37.3%
Retail stores
$710,000
+0.4%
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 Sierra Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sierra Vista 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%
$1,010,000
6.5%
$935,000
7%
$870,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$710,000
Current use
RESTAURANT
$1,030,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$975,000
Change: +37% · Conversion: Easy
RETAIL STORES
$710,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$580,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$127 / 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
$17,398
Tax year 2023
Assessed value
$150,120
Assessed 2024
Previous assessed
$150,120
+0.0% YoY
Effective rate
11.59%
On assessed value
Assessed land
$42,341
Assessed improvement
$107,779
Land market value
$282,270
Improvement market value
$718,527
Total market value
$1,000,797
Applied tax rate
6,830.0000
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
MEDICAL CLINIC
Status
For Sale
Year built
2010
Heating
OTHER
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
6,500 SF
APN
107-78-006
UPID
US07-0784527
Jurisdiction
COCHISE
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
$710,000
RESTAURANT
Est. value
$1.0M
OFFICE BUILDING
Est. value
$975,000
RETAIL STORES
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$580,000
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
2010
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
2
Current owner
From public records · entity-resolved
Mark Lucero
Individual
Mailing address
3500 WHEELAN LOOP, SIERRA VISTA, AZ 85635-5233
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2020
$185,000
Mark Lucero
Jean J Hart
Warranty Deed
$185,000 · Veterans United Hm Lns
Oct 26, 2007
$499,000
Catsam Properties LLC
Scott,stephen M
Warranty Deed
$399,200 · Commerce Bank Of Arizona
Dec 22, 2003
$150,000
Stephen M Scott
Pioneer Title Agency INC
Grant Deed
—
Dec 22, 2003
—
Pioneer Title Agency INC
One Pds Unit 5 Partners LLC
Grant Deed
related
—
Aug 14, 2001
—
Andrew G Mills
Mills,mary L
Quit Claim Deed
related
—
Aug 14, 2001
$155,000
One Pds #5 Partners LLC
Mills,andrew G
Grant Deed
$105,000 · Andrew G
—
—
Stephen M Scott
—
Deed Of Trust
related
$100,000 · Sir Mortgage & Finance Arizona
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
