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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Apartment buildings
4232 Fairmount St, Tucson, AZ 85712-3864
Entity Owned
5-yr Hold
Property ID
US07-0170279
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Construction
FRAME
Total area
4,128 SF
Lot
0.83 ac (36,000 SF)
APN
122-13-1380
UPID
US07-0170279
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
$600k
CAP Approach
CAP
$655k
Comparable Approach
Comparable
$626k
Blend (final)
Blend
$625k
Owner & transaction history
Fairmount Street LLC · 5 yrs held
Fairmount Street LLC
since 2020
Last sale
$510,000
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
$625,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$655,000
7%
$605,000
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $510k (Jul 13 2020)
Last sale anchor
$510k
Jul 13 2020
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
$151 / 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
$7,059
Tax year 2023
Assessed value
$198,501
Assessed 2024
Previous assessed
$141,787
+40.0% YoY
Effective rate
3.56%
On assessed value
Assessed land
$90
Assessed improvement
$198,411
Land market value
$502
Improvement market value
$1,102,285
Total market value
$1,102,787
Applied tax rate
150.0000
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
1965
Construction
FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Units
6
Total area
4,128 SF
Lot
0.83 ac (36,000 SF)
APN
122-13-1380
UPID
US07-0170279
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
1965
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
6
Lot
0.83 ac
Current owner
From public records · entity-resolved
Fairmount Street LLC
Entity
Mailing address
PO BOX 14424, TUCSON, AZ 85732-4424
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2020
—
Fairmount Street LLC
Pauline K White
Grant Deed
related
—
Oct 10, 2017
—
Dennis L White
True,allen R JR
Grant Deed
related
—
Feb 17, 2016
—
Allen R True JR
True,gail E
Quit Claim Deed
related
$435,000 · Gail E True
Jul 12, 2011
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Oct 1, 2003
$510,000
Allen R True
Mcgetrick,jerome E & Deborah A
Grant Deed
$382,500 · Commercial Federal Bank
Apr 29, 1999
$425,000
Jerome E Mcgetrick
Z & Z Partnership
Grant Deed
$311,000 · Highland Federal Bank
—
—
Allen R True JR.
—
Deed Of Trust
related
$248,631 · Bank Of The West
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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