Property profile

3050 M L King Jr Way Tucson, AZ 85713

OFF-MARKET
Office Spaces
Property ID
US07-1415891
67,277 SF 19.37 ac lot Built 2019
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2019
Construction FRAME
Total area 67,277 SF
Lot 19.37 ac (843,588 SF)
APN 132-13-068B
UPID US07-1415891

Cap rate & NOI

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

Location

3050 M L King Jr Way Tucson, AZ 85713-4115
Tucson metro Census 2202 TUCSON, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.30M
Comparable Approach Comparable
$15.80M
Blend (final) Blend
$15.69M

Owner & transaction history

since 2019
5 recorded transactions
2021
Price N/A
2019
Price N/A
2019
Price N/A
2018
$17.9M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $19.5M +90.5%
Medical building $15.0M +46.9%
Auto repair, garage $10.3M +0.5%

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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