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Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Hotels
1701 6th Ave, Tucson, AZ 85713-2805
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-0163912
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1938
Construction
FRAME
Total area
5,220 SF
Lot
1 ac (43,422 SF)
APN
118-18-186C
UPID
US07-0163912
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
-
Paradise Inn Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.30M
Owner & transaction history
Primavera Foundation INC · 2 yrs held
Primavera Foundation INC
since 2024
Last sale
$2.3M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.5M
+33.9%
Restaurant
$2.4M
+29.8%
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
$2,300,000
ML approach
$2,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,875,000
Current use
WAREHOUSE, STORAGE
$2,510,000
Change: +34% · Conversion: Difficult
RESTAURANT
$2,430,000
Change: +30% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,510,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±10% · vs last sale $2.30M (Apr 18 2024)
Last sale anchor
$2.30M
Apr 18 2024
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
$441 / 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
$7,405
Tax year 2023
Assessed value
$119,070
Assessed 2024
Previous assessed
$119,070
+0.0% YoY
Effective rate
6.22%
On assessed value
Assessed land
$31,264
Assessed improvement
$87,806
Land market value
$173,688
Improvement market value
$487,812
Total market value
$661,500
Applied tax rate
120.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1938
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
EVAPORATIVE
Buildings
4
Stories
1
Total area
5,220 SF
Lot
1 ac (43,422 SF)
APN
118-18-186C
UPID
US07-0163912
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
HOTEL/MOTEL Current
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$2.5M
RESTAURANT
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
RESTAURANT
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
1938
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
4
Lot
1 ac
Current owner
From public records · entity-resolved
Primavera Foundation INC
Entity
Mailing address
151 W 40TH ST, TUCSON, AZ 85713-3994
Ownership since
2024
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
Apr 18, 2024
$2,300,000
Primavera Foundation INC
Pragat LLC
Special Warranty Deed
—
Apr 11, 2019
—
Jesus S G Martinez
Glass Eugene Trust
Correction Deed
related
—
Dec 1, 2005
$700,000
Pragat LLC
Paradise Vista INC
Warranty Deed
$500,000 · Paradise Vista INC
Jul 7, 1998
$228,509
Paridise Vista INC
Naughton,lawrence J & Teresa N
Grant Deed
$212,382 · Individual
—
—
John J Petrole
—
Deed Of Trust
related
$88,000
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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