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Property profile & analytics
OFF-MARKET
Estimated value
$11,080,000
Warehouses
2925 Overton Rd, Tucson, AZ 85742-9041
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-1189863
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2021
Construction
FRAME
Total area
62,237 SF
Lot
3.67 ac (159,945 SF)
APN
225-02-016E
UPID
US07-1189863
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
-
CubeSmart Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.03M
CAP Approach
CAP
$8.14M
Comparable Approach
Comparable
$7.00M
Blend (final)
Blend
$11.08M
Owner & transaction history
Wpc Nn Chula I 5 Jv LLC · 3 yrs held
Wpc Nn Chula I 5 Jv LLC
since 2023
Last sale
$11.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$18.0M
+124.1%
Auto repair, garage
$16.9M
+110.8%
Medical building
$13.9M
+72.9%
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
$12,840,000
ML approach
$11,025,000
CAP Approach
CAP Return
Estimation
6%
$8,820,000
6.5%
$8,140,000
7%
$7,560,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,035,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$18,010,000
Change: +124% · Conversion: Moderate
AUTO REPAIR, GARAGE
$16,940,000
Change: +111% · Conversion: Easy
MEDICAL BUILDING
$13,890,000
Change: +73% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$12,830,000
Change: +60% · Conversion: Easy
Blend value · Realmo final
$11.08M
Range $9.97M – $12.19M · ±10% · vs last sale $11.70M (Jan 19 2023)
Last sale anchor
$11.70M
Jan 19 2023
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
$178 / 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
$25,593
Tax year 2023
Assessed value
$710,098
Assessed 2024
Previous assessed
$45,000
+1,478.0% YoY
Effective rate
3.60%
On assessed value
Assessed land
$100,765
Assessed improvement
$609,333
Land market value
$559,808
Improvement market value
$3,385,182
Total market value
$3,944,990
Applied tax rate
677.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2021
Construction
FRAME
Heating
FORCED AIR
Cooling
REFRIGERATOR
Buildings
2
Stories
1
Rooms
9
Total area
62,237 SF
Lot
3.67 ac (159,945 SF)
APN
225-02-016E
UPID
US07-1189863
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
WAREHOUSE, STORAGE Current
Est. value
$8.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$18.0M
AUTO REPAIR, GARAGE
Est. value
$16.9M
MEDICAL BUILDING
Est. value
$13.9M
INDUSTRIAL (GENERAL)
Est. value
$12.8M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
2021
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
9
Lot
3.67 ac
Current owner
From public records · entity-resolved
Wpc Nn Chula I 5 Jv LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1705 FEAGIN DR, LUFKIN, TX 75904-5584
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2023
—
Wpc Nn Chula I 5 Jv LLC
—
Deed
related
$8,715,000 · Pacific Western National Bank
Jan 19, 2023
$11,703,674
Wpc Nn Chula I 5 Jv LLC
Blue Sky Self Storage Overton LLC
Special Warranty Deed
—
Jun 22, 2021
—
Blue Sky Self Storage Overton LLC
—
Deed
related
$5,650,000 · The Eastern Colorado Bank
May 24, 2021
$703,909
Blue Sky Self Storage Overton LLC
Os East LLC
Special Warranty Deed
—
Feb 25, 2008
—
Record Owner
Owner,record
Grant Deed
related
—
Sep 12, 2005
$33,650
Os East LLC
Trust 2762
Grant Deed
related
—
Jul 7, 2005
$600,984
O S West LLC
Trust 2762
Grant Deed
related
$450,000 · 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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