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Property profile & analytics
OFF-MARKET
Estimated value
$5,340,000
Hotels
2803 Valencia Rd, Tucson, AZ 85706-5918
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0099553
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1984
Construction
FRAME
Total area
17,199 SF
Lot
2.02 ac (88,200 SF)
APN
140-27-070C
UPID
US07-0099553
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
$5.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.35M
Blend (final)
Blend
$5.34M
Owner & transaction history
Jay Hari LLC · 4 yrs held
Jay Hari LLC
since 2022
Last sale
$5.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.0M
+29.8%
Industrial (general)
$6.6M
+6.3%
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
$5,470,000
ML approach
$5,480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$6,175,000
Current use
RESTAURANT
$8,010,000
Change: +30% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,565,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,840,000
Change: -5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,975,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$5.34M
Range $4.81M – $5.87M · ±10% · vs last sale $5.20M (Jun 2 2022)
Last sale anchor
$5.20M
Jun 2 2022
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
$310 / 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
$66,650
Tax year 2023
Assessed value
$590,651
Assessed 2024
Previous assessed
$590,651
+0.0% YoY
Effective rate
11.28%
On assessed value
Assessed land
$63,504
Assessed improvement
$527,147
Land market value
$352,800
Improvement market value
$2,928,597
Total market value
$3,281,397
Applied tax rate
1,250.0000
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
1984
Construction
FRAME
Heating
HOT WATER
Stories
3
Units
97
Total area
17,199 SF
Lot
2.02 ac (88,200 SF)
APN
140-27-070C
UPID
US07-0099553
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
HOTEL/MOTEL Current
Est. value
$6.2M
RESTAURANT
Est. value
$8.0M
INDUSTRIAL (GENERAL)
Est. value
$6.6M
COMMERCIAL (GENERAL)
Est. value
$5.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.0M
HOTEL/MOTEL Current
RESTAURANT
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1984
Construction
FRAME
Heating
HOT WATER
Stories
3
Units
97
Lot
2.02 ac
Current owner
From public records · entity-resolved
Jay Hari LLC
Entity
Mailing address
1300 N STONE AVE, TUCSON, AZ 85705-7338
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2022
$5,200,000
Jay Hari LLC
Mk Tucson Airport LLC
Special Warranty Deed
$3,900,000 · Western Commerce Bank
Sep 10, 2021
$3,996,400
Mk Tucson Airport LLC
Ethereal Hospitality LLC
Special Warranty Deed
$3,300,000 · Lee Schuster
Mar 6, 2018
$3,125,000
Ethereal Hospitality L L C
Elite Hospitality LLC
Special Warranty Deed
$2,565,000 · Wallis State Bank
Sep 23, 2004
$2,320,000
Elite Hospitality LLC
Aig Sunamerica Life Assurance
Grant Deed
related
$1,175,000 · Zions First National Bank
Dec 29, 1995
$2,340,000
Valencia Street Hotel L L C
Weetwo INC
Grant Deed
related
$1,400,000 · Seller
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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