New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,405,000
Drive through restaurants
4405 1st Ave, Tucson, AZ 85719-1031
Entity Owned
Free & Clear
Property ID
US07-3401548
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1994
Construction
FRAME
Total area
3,028 SF
Lot
0.86 ac (37,392 SF)
APN
105-10-2470
UPID
US07-3401548
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
-
Arby's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$2.41M
Owner & transaction history
Darby First Avenue Partners LLC
Darby First Avenue Partners LLC
since 2025
Last sale
$2.4M
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
$2,545,000
ML approach
$2,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.41M
Range $2.16M – $2.65M · ±10% · vs last sale $2.39M (Jan 15 2021)
Last sale anchor
$2.39M
Jan 15 2021
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
$794 / 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
$18,901
Tax year 2023
Assessed value
$186,554
Assessed 2024
Previous assessed
$157,943
+18.1% YoY
Effective rate
10.13%
On assessed value
Assessed land
$108,045
Assessed improvement
$78,509
Land market value
$600,248
Improvement market value
$436,163
Total market value
$1,036,411
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1994
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
3,028 SF
Lot
0.86 ac (37,392 SF)
APN
105-10-2470
UPID
US07-3401548
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
1994
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Darby First Avenue Partners LLC
Entity
Free & Clear · 0 yrs held
Mailing address
663 SCENIC RIM DR, HENDERSON, NV 89012-5796
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
Jul 22, 2025
—
Darby First Avenue Partners LLC
The Johnston Family Trust
Quitclaim Deed
related
—
Jan 15, 2021
$2,392,000
Johnston Family Trust
Bonanza Plaza LLC
Grant Deed
—
Jul 8, 2020
—
Bonanza Plaza LLC
Shae Financial Group LLC
Special Warranty Deed
$1,375,000 · Century Bank
Jul 24, 2019
$1,500,000
Shae Financial Group LLC
4405 N First Ave Bm LLC
Warranty Deed
$1,000,000 · Sfg Of Az
May 24, 2018
—
4405 N First Ave Bm LLC
Elden Properties LLC
Warranty Deed
$800,000 · Bank Of Hemet
Jul 30, 2014
$1,585,000
Elden Properties LLC
O Chk INC
Grant Deed
$800,000 · Bank Of Hemet
Sep 21, 2007
$650,876
Boston Market Real Estate Co
System Capital Real Prop Corp
Grant Deed
—
May 31, 2000
$650,000
System Capital Real Property
Bc Real Estate Investments INC
Quit Claim Deed
related
—
Jul 20, 1998
—
Bc Real Estate Inv INC
—
Deed Of Trust
related
$25,000,000 · Bank Of America National Ttee
Jun 3, 1994
$750,000
Bc Real Estate Investments INC
Artus INC
Grant Deed
—
—
—
4405 N First Ave Bm LLC
—
Loan Modification
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4405 1st Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
