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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Residential income homes
289 Hwy 92 Sierra Vista, AZ 85635-3678
Individually Owned
17-yr Hold
Free & Clear
Property ID
US07-0592874
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
2009
Construction
STEEL FRAME
Total area
11,317 SF
Lot
10.24 ac (446,107 SF)
APN
107-51-288D
UPID
US07-0592874
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
$735k
CAP Approach
CAP
$825k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$780k
Owner & transaction history
Savanna Springs Apartments Lll · 17 yrs held
Savanna Springs Apartments Lll
since 2009
3 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 Sierra Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sierra Vista 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
by Request
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$825,000
7%
$770,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,270,000
Change: 0% · Conversion: Moderate
OFFICE BUILDING
$1,245,000
Change: 0% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$980,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$970,000
Change: 0% · Conversion: Moderate
RETAIL STORES
$720,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$660,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$780k
Range $702k – $858k · ±10%
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
$69 / 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
$145,079
Tax year 2023
Assessed value
$4,656,294
Assessed 2024
Previous assessed
$3,214,541
+44.9% YoY
Effective rate
3.12%
On assessed value
Assessed land
$100,374
Assessed improvement
$4,555,920
Land market value
$669,160
Improvement market value
$30,372,800
Total market value
$31,041,960
Applied tax rate
6,830.0000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
2009
Construction
STEEL FRAME
Heating
OTHER
Cooling
AC.PACKAGE
Buildings
4
Stories
2
Total area
11,317 SF
Lot
10.24 ac (446,107 SF)
APN
107-51-288D
UPID
US07-0592874
Jurisdiction
COCHISE
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
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$980,000
MEDICAL BUILDING
Est. value
$970,000
RETAIL STORES
Est. value
$720,000
WAREHOUSE, STORAGE
Est. value
$660,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2009
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
2
Buildings
4
Lot
10.24 ac
Current owner
From public records · entity-resolved
Savanna Springs Apartments Lll
Individual
Free & Clear · 17 yrs held
Mailing address
2001 ROSS AVE #19, DALLAS, TX 75201-2911
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2009
$3,050,000
Savanna Springs Apartments Lll
Shalva Holdings LLC
Grant Deed
—
Apr 17, 2009
$2,950,000
Shalva Holdings LLC
Mc Realty Advisers LLC
Grant Deed
related
—
—
—
Savanna Springs Apartments Lll
—
Loan Modification
related
$17,023,300 · Red Mtg Cap
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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