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Property profile & analytics
OFF-MARKET
Hotels
1919 Oracle Rd Tucson, AZ 85705-5424
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US07-3443202
Property summary
AI-generated overview
This exceptional 7,890 square foot property, situated on a 1.01-acre lot at 1919 N Oracle Road in Tucson, Arizona, presents a compelling investment opportunity. Currently configured as a 25-room building, including a manager's suite, this property offers significant upside potential. Twelve units boast convenient kitchenettes, enhancing their appeal to a wide range of tenants. The existing eight carports offer a unique possibility for expansion
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1941
Construction
FRAME
Total area
1,326 SF
Lot
1.01 ac (44,123 SF)
APN
115-15-196A
UPID
US07-3443202
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
-
Highland Tower Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ashvin A Patel · 20 yrs held
Ashvin A Patel
since 2005
4 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,461
Tax year 2023
Assessed value
$81,972
Assessed 2024
Previous assessed
$44,712
+83.3% YoY
Effective rate
6.66%
On assessed value
Assessed land
$47,653
Assessed improvement
$34,319
Land market value
$264,738
Improvement market value
$190,662
Total market value
$455,400
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1941
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
5
Stories
2
Units
23
Total area
1,326 SF
Lot
1.01 ac (44,123 SF)
APN
115-15-196A
UPID
US07-3443202
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
1941
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
5
Units
23
Lot
1.01 ac
Current owner
From public records · entity-resolved
Ashvin A Patel
Individual
Mailing address
1919 N ORACLE RD, TUCSON, AZ 85705-5424
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2005
$340,000
Ashvin A Patel
Patel,nilesh A
Warranty Deed
related
$50,000 · Nilesh A Patel
Oct 24, 2003
$340,000
Nilesh A Patel
Patel,amrutbhal S & Kokila A
Grant Deed
related
—
Jul 18, 1996
$450,000
Amrutbhai S Patel
D&g Investments
Grant Deed
$300,000 · Seller
Feb 7, 1994
—
D Investments
Smk Investments
Grant Deed
related
—
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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