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Property profile & analytics
OFF-MARKET
Estimated value
$13,470,000
Flex space
3701 Columbia St Tucson, AZ 85714-3422
Entity Owned
2-yr Hold
Free & Clear
Property ID
US07-0238626
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1989
Construction
FRAME
Total area
123,005 SF
Lot
8.45 ac (368,295 SF)
APN
132-20-033B
UPID
US07-0238626
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
-
Symantec Corporation (Bike/Boat/Book/etc) Store Corporate Office
-
Alfa Tech Cambridge Group Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.38M
CAP Approach
CAP
$13.72M
Comparable Approach
Comparable
$17.73M
Blend (final)
Blend
$13.47M
Owner & transaction history
Ac 3701 E Columbia Street LLC · 2 yrs held
Ac 3701 E Columbia Street LLC
since 2023
Last sale
$13.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$16.3M
+13.3%
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
$14,265,000
ML approach
$13,380,000
CAP Approach
CAP Return
Estimation
6%
$14,855,000
6.5%
$13,715,000
7%
$12,735,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$14,355,000
Current use
RETAIL STORES
$16,260,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$13.47M
Range $12.12M – $14.82M · ±10% · vs last sale $13.00M (Oct 13 2023)
Last sale anchor
$13.00M
Oct 13 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
$110 / 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
$259,699
Tax year 2023
Assessed value
$1,900,479
Assessed 2024
Previous assessed
$1,900,479
+0.0% YoY
Effective rate
13.66%
On assessed value
Assessed land
$124,300
Assessed improvement
$1,776,179
Land market value
$828,664
Improvement market value
$11,841,191
Total market value
$12,669,855
Applied tax rate
100.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1989
Construction
FRAME
Heating
YES
Cooling
YES
Stories
2
Total area
123,005 SF
Lot
8.45 ac (368,295 SF)
APN
132-20-033B
UPID
US07-0238626
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
INDUSTRIAL (GENERAL) Current
Est. value
$14.4M
RETAIL STORES
Est. value
$16.3M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
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
1989
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Lot
8.45 ac
Current owner
From public records · entity-resolved
Ac 3701 E Columbia Street LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4890 W KENNEDY BLVD STE #200, TAMPA, FL 33609-1870
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2024
—
Ac 3701 E Columbia Street LLC
—
Deed
related
$35,000,000 · Vast Bank NA
Oct 13, 2023
$13,000,000
Ac 3701 E Columbia Street LLC
Gen Digital INC
Special Warranty Deed
—
Dec 5, 2008
$15,600,000
Symantec Corp
3701 Columbia LLC
Grant Deed
—
Aug 21, 2000
$4,374,990
3701 Columbia LLC
Palice Center Investments LLC
Grant Deed
—
Sep 9, 1999
$4,435,000
Palice Center Investments LLC
American Industrial Properties
Grant Deed
—
May 6, 1998
$4,300,000
American Industrial Properties
Spieker Northwest INC
Grant Deed
$2,771,734 · Prudential Securities Credit C
Nov 17, 1997
$4,555,400
Spieker Northwest INC
Wcb II More LP
Grant Deed
—
Jul 2, 1996
$2,979,700
More L P Wcb II
Mutual Co Of New York
Grant Deed
$51,488,890 · Ge Capital Mortgage Service
Jul 31, 1991
—
Mutual Life Insu
Unknown
Grant Deed
related
—
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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