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Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Strip malls
1902 Craycroft Rd, Tucson, AZ 85711-6621
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-1012984
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1992
Construction
FRAME
Total area
9,153 SF
Lot
0.34 ac (14,900 SF)
APN
131-05-0010
UPID
US07-1012984
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
$1.09M
CAP Approach
CAP
$1.44M
Comparable Approach
Comparable
$733k
Blend (final)
Blend
$1.09M
Owner & transaction history
L5 Family LLC · 1 yrs held
L5 Family LLC
since 2025
Last sale
$1.1M
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
$1,085,000
ML approach
$1,085,000
CAP Approach
CAP Return
Estimation
6%
$1,555,000
6.5%
$1,435,000
7%
$1,330,000
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±10% · vs last sale $1.09M (May 14 2024)
Last sale anchor
$1.09M
May 14 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
$119 / 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
$11,566
Tax year 2023
Assessed value
$130,733
Assessed 2024
Previous assessed
$130,733
+0.0% YoY
Effective rate
8.85%
On assessed value
Assessed land
$21,483
Assessed improvement
$109,250
Land market value
$119,349
Improvement market value
$606,942
Total market value
$726,291
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1992
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
9,153 SF
Lot
0.34 ac (14,900 SF)
APN
131-05-0010
UPID
US07-1012984
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
1992
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
L5 Family LLC
Entity
Free & Clear · 1 yrs held
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2025
—
L5 Family LLC
Bishop Lubashu Mulolwa
Special Warranty Deed
—
May 14, 2024
$1,085,000
Lubashu Mulolwa
Rajkamal Deol
Special Warranty Deed
—
May 14, 2024
—
Bishop Lubashu Mulolwa
Dorcas Kalume
Intrafamily Transfer
related
—
Aug 17, 2023
$1,050,000
Rajkamal Deol
Craycroft Corner LLC
Special Warranty Deed
—
Jan 7, 2014
—
Craycroft Corner LLC
Nima Gabbay
Quit Claim Deed
related
$689,000 · Cathay Bank
Oct 4, 2005
—
Nima Gabbay
Gabbay,nancy
Quit Claim Deed
related
—
Apr 22, 2005
$620,000
Nima Gabbay
Lee,daniel C
Warranty Deed
$496,000 · M & I Marshall & Isley Bank
—
—
Nima Gabbay
—
Deed Of Trust
related
$682,500 · Cathay Bank
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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