Property profile

2602 Balboa Ave Tucson, AZ 85705

OFF-MARKET
Apartment buildings
Property ID
US07-2365632
3,125 SF 0.52 ac lot Built 1945
Entity Owned 5-yr Hold
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1945
Construction FRAME
Total area 3,125 SF
Lot 0.52 ac (22,740 SF)
APN 107-13-138C
UPID US07-2365632

Cap rate & NOI

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

Location

2602 Balboa Ave Tucson, AZ 85705-4446
Tucson metro Census 1304 TUCSON, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
$420k
Comparable Approach Comparable
$517k
Blend (final) Blend
$405k

Owner & transaction history

since 2021
Last sale
$695,000
3 recorded transactions
2021
$695,000
2019
$250,000
2018
$220,000

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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