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Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Apartment buildings
3248 Geronimo Ave, Tucson, AZ 85705-5212
Entity Owned
Property ID
US07-1221177
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1976
Construction
FRAME
Total area
1,902 SF
Lot
0.43 ac (18,939 SF)
APN
106-04-2860
UPID
US07-1221177
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
$1.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.01M
Owner & transaction history
220 Fort Lowell LLC
220 Fort Lowell LLC
since 2025
Last sale
$1.0M
7 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
Method
Estimation
Statistic approach
$990,000
ML approach
$1,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10% · vs last sale $1.01M (Jun 17 2025)
Last sale anchor
$1.01M
Jun 17 2025
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
$531 / 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
$2,419
Tax year 2023
Assessed value
$79,035
Assessed 2024
Previous assessed
$79,035
+0.0% YoY
Effective rate
3.06%
On assessed value
Assessed land
$90
Assessed improvement
$78,945
Land market value
$502
Improvement market value
$438,586
Total market value
$439,088
Applied tax rate
1,050.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1976
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Units
4
Total area
1,902 SF
Lot
0.43 ac (18,939 SF)
APN
106-04-2860
UPID
US07-1221177
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
1976
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
3
Units
4
Lot
0.43 ac
Current owner
From public records · entity-resolved
220 Fort Lowell LLC
Entity
Mailing address
PO BOX 1053, PALOS VERDES ESTATES, CA 90274-7853
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
$1,010,000
220 Fort Lowell LLC
Ivan Ramirez
Special Warranty Deed
—
Sep 17, 2025
—
Ivan Ramirez
Dana Arrieta
Deed
related
—
Mar 10, 2023
$965,000
Ivan Ramirez
Hector Ramirez
Warranty Deed
related
$500,000 · Robert G Thornburgh Etal
Mar 10, 2023
—
Hector Ramirez
—
Deed
related
$500,000 · Robert G Thornburgh Etal
Dec 7, 2020
—
Hector Ramirez
—
Deed
related
$400,000 · Robert G Thornburgh
Jan 2, 2018
—
Hector Ramirez
Urtado,amparo
Quit Claim Deed
related
—
Dec 13, 2017
$965,000
Hector Ramirez
Rpworks Lllp
Warranty Deed
$385,000 · Robert & Karen Thornburgh
Jan 31, 2017
—
Rp Works Lllp
—
Deed
related
$560,000 · Bank34
Apr 29, 2016
$850,000
Rpworks Lllp
Acw Family Limited Partner
Grant Deed
$600,000 · Rallis T J & M P Trust (pt)
—
—
Rp Works Lllp
—
Deed Of Trust
related
$560,000 · Bank34
—
—
Hector Ramirez
—
Deed Of Trust
related
$400,000 · Robert G Thornburgh
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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