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Property profile & analytics
FOR LEASE
Strip malls
3950 North Oracle Rd, Tucson, AZ 85705
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-0839162
For Lease
$4,450,000
3950 North Oracle Rd, Tucson, AZ 85705
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Construction
FRAME
Total area
23,668 SF
Lot
1.97 ac (85,863 SF)
APN
106-02-001C
UPID
US07-0839162
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
-
H&R Block Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.45M
CAP Approach
CAP
$4.22M
Comparable Approach
Comparable
$4.43M
Blend (final)
Blend
$4.45M
Owner & transaction history
Park Valley Shops LLC · 2 yrs held
Park Valley Shops LLC
since 2024
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$6.1M
+39.9%
Commercial (general)
$5.8M
+33.5%
Medical building
$5.3M
+21.7%
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
$4,450,000
ML approach
$4,450,000
CAP Approach
CAP Return
Estimation
6%
$4,575,000
6.5%
$4,220,000
7%
$3,920,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,340,000
Current use
APARTMENT HOUSE (5+ UNITS)
$6,070,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,795,000
Change: +33% · Conversion: Easy
MEDICAL BUILDING
$5,285,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,555,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$4.45M
Range $4.01M – $4.90M · ±10% · vs last sale $4.45M (May 31 2024)
Last sale anchor
$4.45M
May 31 2024
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
$188 / 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
$39,455
Tax year 2023
Assessed value
$468,584
Assessed 2024
Previous assessed
$468,584
+0.0% YoY
Effective rate
8.42%
On assessed value
Assessed land
$208,647
Assessed improvement
$259,937
Land market value
$1,159,150
Improvement market value
$1,444,093
Total market value
$2,603,243
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1978
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
23,668 SF
Lot
1.97 ac (85,863 SF)
APN
106-02-001C
UPID
US07-0839162
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$5.8M
MEDICAL BUILDING
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1978
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.97 ac
Current owner
From public records · entity-resolved
Park Valley Shops LLC
Entity
Mailing address
2921 W 38TH AVE #322, DENVER, CO 80211-2019
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
$4,450,000
Park Valley Shops LLC
Edward A Machado
Special Warranty Deed
$2,750,000 · Arizona FCU
Jun 5, 2013
—
Machado,e & Z Family Trust
Machado C M Trust
Quit Claim Deed
related
—
Sep 7, 2011
—
Machado E & Z Family Trust
Machado,edward A
Quit Claim Deed
related
—
Aug 24, 2011
—
Machado Justin & R 2009 Trust
Machado J & C Living Trust
Quit Claim Deed
related
—
Jul 14, 2011
—
Machado Hassett Family Trust
Machado Charlotte M Trust
Quit Claim Deed
related
—
Apr 7, 2011
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Oct 13, 2010
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jul 22, 2010
—
Machado Justin & R 2009 Trust
Machado J & C Living Trust
Quit Claim Deed
related
—
Jun 17, 2010
—
Machado Hassett Family Trust
Machado,charlotte M
Quit Claim Deed
related
—
Nov 9, 2006
—
Joseph J Machado
Machado,j O & M M Trust
Quit Claim Deed
related
—
Mar 22, 2006
—
Machado,charlotte M Trust
Machado,charlotte M
Quit Claim Deed
related
—
Apr 12, 2005
—
Joseph J Machado
Machado Joseph O & M M
Quit Claim Deed
related
—
Feb 19, 2004
—
Joseph J Machado
Machado,joseph O Tr
Quit Claim Deed
related
—
Mar 14, 2003
—
Joseph J Machado
Machado,joseph O Tr
Quit Claim Deed
related
—
Mar 1, 2002
—
Joseph J Machado
Joseph O Machado Trustee
Quit Claim Deed
related
—
Jan 17, 2001
—
Joseph J Machado
Machado Trust
Quit Claim Deed
related
—
Jan 19, 2000
—
Joseph O Machado
Joseph O Machado Trustee
Quit Claim Deed
related
—
Apr 20, 1998
—
Machado Trust
Machado,joseph J
Quit Claim Deed
related
—
Jan 30, 1998
—
Joseph J Machado
Machado,joseph J
Quit Claim Deed
related
—
Jan 8, 1998
—
Joseph J Machado
Joseph O Machado Trustee
Quit Claim Deed
related
—
Oct 25, 1991
$2,000,000
Machado Joseph
Home Capital Cor
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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