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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Office Spaces
405 Tortolita Mtn Cir Oro Valley, AZ 85755-5940
Trust Owned
6-yr Hold
Free & Clear
Property ID
US07-1356553
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2008
Construction
FRAME
Total area
4,020 SF
Lot
1 ac (43,540 SF)
APN
219-04-2240
UPID
US07-1356553
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
by Request
CAP Approach
CAP
$760k
Comparable Approach
Comparable
$949k
Blend (final)
Blend
$910k
Owner & transaction history
Investment Hansen Trust · 6 yrs held
Investment Hansen Trust
since 2019
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 Oro Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oro Valley 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$760,000
7%
$705,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,365,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,165,000
Change: -15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,095,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10%
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
$226 / 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
$8,743
Tax year 2023
Assessed value
$139,192
Assessed 2024
Previous assessed
$111,492
+24.8% YoY
Effective rate
6.28%
On assessed value
Assessed land
$24,300
Assessed improvement
$114,892
Land market value
$135,000
Improvement market value
$638,287
Total market value
$773,287
Applied tax rate
1,012.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2008
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
4,020 SF
Lot
1 ac (43,540 SF)
APN
219-04-2240
UPID
US07-1356553
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
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
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
2008
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Investment Hansen Trust
Trust
Free & Clear · 6 yrs held
Mailing address
405 W TORTOLITA MTN CIR, ORO VALLEY, AZ 85755-5940
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2019
—
Investment Hansen Trust
Stone Canyon LLC
Correction Deed
related
—
Dec 21, 2017
—
Fh Stone Canyon Sales Center L
—
Deed
related
$720,000 · National Bk/az
Oct 31, 2014
—
Hansen Investment Trusts Trust
Trust 9296
Quit Claim Deed
related
—
Oct 31, 2014
$1,100,000
Stone Canyon Sales Cente Fh
Hansen Investment Trusts
Grant Deed
$1,099,000 · Hansen Investment Trusts (ct)
Sep 14, 2010
—
Trust 9296
Hansen Investment Trusts
Quit Claim Deed
related
—
Sep 14, 2010
$2,500,000
Hansen Investment Trusts
Stone Canyon LLC
Grant Deed
related
—
Apr 9, 2010
—
Trust 9055
Stone Canyon LLC
Grant Deed
related
—
Aug 31, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Sep 21, 2004
—
Trust 9074
Stone Canyon LLC
Grant Deed
related
—
—
—
Fh Stone Canyon Sales Center L
—
Deed Of Trust
related
$720,000 · National Bk/az
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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