Property profile

2001 Cassim Ln Tucson, AZ 85704

OFF-MARKET
Assisted living facilities
Property ID
US07-0050929
3,294 SF 0.88 ac lot Built 1970
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,294 square foot special purpose property, located at 2001 W Cassim Ln, Tucson, AZ 85704, presents a unique investment opportunity. Situated on a one-acre lot with no HOA, this property features eight bedrooms and six bathrooms, making it ideal for a variety of uses including adult care, behavioral health, sober living, or group home settings. The property boasts updated double-pane windows, tiled flooring throughout, updated kitchen cabinets and granite countertops, and renovated bathroom vanities and tiled showers. The layout includes wider hallways, an expanded open-concept living and dining area with a fireplace, and two handicapped-accessible bathrooms. Additional features include a sprinkler fire prevention system, laundry room, large covered rear patio, and a detached carport with storage. The expansive one-acre lot offers privacy, a fenced rear yard, and a covered patio perfect for outdoor enjoyment. Landscaping includes mature mesquite trees. Ample parking is available with a large circular driveway and a detached double carport. The property is zoned Pima County - CR1 and has a total of ten parking spaces. Utilities (electricity via TEP, gas, water, trash, and recycling) are the responsibility of the tenant. The property's APN is 102-09-148A. Cross streets are La Cholla and Ina Road. The property is currently vacant. Annual property taxes are $6,009.09.

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1970
Total area 3,294 SF
Lot 0.88 ac (38,523 SF)
APN 102-09-148A
UPID US07-0050929

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2001 Cassim Ln Tucson, AZ 85704-1217
Tucson metro Census 4615 TUCSON, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2023
Last sale
$402,500
7 recorded transactions
2023
Price N/A
2023
$402,500
2023
$385,000
2020
Price N/A
2018
Price N/A
2004
$345,000
2001
$329,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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