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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Retail space
4535 12th Ave Tucson, AZ 85714-2402
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-1354760
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Construction
FRAME
Total area
11,085 SF
Lot
0.17 ac (7,576 SF)
APN
120-08-0960
UPID
US07-1354760
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
-
Best Buy Furniture Furniture & Home Goods Home Decor Store
-
Max Truck Plus Auto Parts Store
-
MAX TRUCK DEPOT Auto Parts Store
-
Hot Dogs Menona Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$880k
Blend (final)
Blend
$900k
Owner & transaction history
Juan Alcaraz · 2 yrs held
Juan Alcaraz
since 2024
Last sale
$900,000
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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,465,000
Current use
WAREHOUSE, STORAGE
$1,380,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Jan 19 2024)
Last sale anchor
$900k
Jan 19 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
$81 / 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
$15,798
Tax year 2023
Assessed value
$126,721
Assessed 2024
Previous assessed
$126,721
+0.0% YoY
Effective rate
12.47%
On assessed value
Assessed land
$7,500
Assessed improvement
$119,221
Land market value
$41,668
Improvement market value
$662,340
Total market value
$704,008
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
SPACE
Cooling
EVAPORATIVE
Stories
1
Total area
11,085 SF
Lot
0.17 ac (7,576 SF)
APN
120-08-0960
UPID
US07-1354760
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
RETAIL STORES Current
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.4M
RETAIL STORES Current
WAREHOUSE, STORAGE
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
1980
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Juan Alcaraz
Individual
Mailing address
141 W MEDINA RD, TUCSON, AZ 85756-6660
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2024
$900,000
Juan Alcaraz
Tap Real Estate LLC
Special Warranty Deed
$750,000 · Tap Real Estate LLC
Jan 23, 2019
—
Tap Real Estate LLC
—
Deed
related
$450,000 · First Fidelity Bank
Dec 24, 2018
—
Tap Real Estate LLC
Matz Ents INC
Warranty Deed
—
Dec 7, 2017
—
Matz Ents INC
—
Deed
related
$450,000 · Wallach Howard Living Tr (pt)
Jun 15, 2005
$620,000
Matz Ents INC
Casa De Muebles INC
Warranty Deed
related
$687,000 · Comerica Bank
Oct 31, 1997
—
Rodriguez,wilfredo R & Frances S
Miguel R Valenzuela
Trustees Deed
related
—
—
—
Casa De Muebles INC
—
Deed Of Trust
related
$150,000 · Mortgage Ltd
—
—
Matz Ents INC
—
Deed Of Trust
related
$450,000 · Wallach Howard Living Tr (pt)
—
—
Casa De Muebles INC
—
Deed Of Trust
related
$120,000 · Heller First Capital Corp
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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