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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Industrial properties
2019 17th St Tucson, AZ 85719-6947
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0847923
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
1971
Construction
FRAME
Total area
8,598 SF
Lot
0.54 ac (23,319 SF)
APN
129-05-131E
UPID
US07-0847923
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
-
B & J Refrigeration Inc. - Heating and Cooling HVAC Service General Contractor
-
RE Lee Mechanical Contracting Inc General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$960k
CAP Approach
CAP
$960k
Comparable Approach
Comparable
$848k
Blend (final)
Blend
$955k
Owner & transaction history
Mantra Real Estate Holdings LLC · 4 yrs held
Mantra Real Estate Holdings LLC
since 2021
Last sale
$945,000
2 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
$1,005,000
ML approach
$960,000
CAP Approach
CAP Return
Estimation
6%
$1,040,000
6.5%
$960,000
7%
$890,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,285,000
Current use
RETAIL STORES
$1,125,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $945k (Dec 28 2021)
Last sale anchor
$945k
Dec 28 2021
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
$111 / 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
$7,110
Tax year 2023
Assessed value
$60,616
Assessed 2024
Previous assessed
$55,638
+8.9% YoY
Effective rate
11.73%
On assessed value
Assessed land
$10,529
Assessed improvement
$50,087
Land market value
$70,190
Improvement market value
$333,916
Total market value
$404,106
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
1971
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
8,598 SF
Lot
0.54 ac (23,319 SF)
APN
129-05-131E
UPID
US07-0847923
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
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
1971
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Mantra Real Estate Holdings LLC
Entity
Mailing address
503 E 9TH ST, TUCSON, AZ 85705-8523
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
$945,000
Mantra Real Estate Holdings LLC
Elizabeth I Lee
Special Warranty Deed
—
—
—
Lee R E
—
Deed Of Trust
related
$1,000,000 · Commercial Federal S&l
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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