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Property profile & analytics
OFF-MARKET
Estimated value
$6,345,000
Manufacturing properties
2900 Elvira Rd Tucson, AZ 85756-7129
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US07-3331341
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1978
Construction
FRAME
Total area
100,800 SF
Lot
8.61 ac (374,836 SF)
APN
140-42-0940
UPID
US07-3331341
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
-
Sion Power Corporation Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.35M
Owner & transaction history
S Reif Tucson Commerce Ce U · 17 yrs held
S Reif Tucson Commerce Ce U
since 2008
4 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$63 / 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
$87,175
Tax year 2023
Assessed value
$842,507
Assessed 2024
Previous assessed
$741,852
+13.6% YoY
Effective rate
10.35%
On assessed value
Assessed land
$140,564
Assessed improvement
$701,943
Land market value
$937,090
Improvement market value
$4,679,620
Total market value
$5,616,710
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1978
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
100,800 SF
Lot
8.61 ac (374,836 SF)
APN
140-42-0940
UPID
US07-3331341
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
Building & site characteristics
From public records
Year built
1978
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
8.61 ac
Current owner
From public records · entity-resolved
S Reif Tucson Commerce Ce U
Individual
Mailing address
1270 SOLDIERS FLD RD, BOSTON, MA 02135-1003
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2008
$46,212,548
S Reif Tucson Commerce Ce U
Mef Realty LLC
Grant Deed
related
$29,255 · Capital One
Aug 16, 2007
$8,029,823
Mef Realty LLC
Tucson Commerce Center III LLC
Grant Deed
related
—
May 1, 2006
$2,737,500
Tucson Commerce Center III LLC
Bd 34th Properties INC
Warranty Deed
related
$2,350,000 · California Bank & Trust
—
—
Bd 34th Properties INC
—
Deed Of Trust
related
$600,000 · Alliance Bank Of Arizona
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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