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Property profile & analytics
OFF-MARKET
Estimated value
$2,665,000
Strip malls
4861 Grant Rd Tucson, AZ 85712-2799
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1344789
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1995
Construction
FRAME
Total area
11,994 SF
Lot
0.94 ac (41,155 SF)
APN
110-11-368C
UPID
US07-1344789
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
-
Baggin's Gourmet Sandwiches Take-out & Catering Catering Service
-
Van's Golf Shops (Bike/Boat/Book/etc) Store
-
Sublime Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.67M
CAP Approach
CAP
$1.88M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.67M
Owner & transaction history
Dan W Carter · 4 yrs held
Dan W Carter
since 2022
Last sale
$2.8M
6 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
$2,485,000
ML approach
$2,670,000
CAP Approach
CAP Return
Estimation
6%
$2,035,000
6.5%
$1,880,000
7%
$1,745,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,470,000
Current use
AUTO REPAIR, GARAGE
$3,265,000
Change: -6% · Conversion: Difficult
MEDICAL BUILDING
$2,865,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.67M
Range $2.40M – $2.93M · ±10% · vs last sale $2.75M (Jan 27 2022)
Last sale anchor
$2.75M
Jan 27 2022
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
$222 / 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
$17,406
Tax year 2023
Assessed value
$186,493
Assessed 2024
Previous assessed
$159,074
+17.2% YoY
Effective rate
9.33%
On assessed value
Assessed land
$40,818
Assessed improvement
$145,675
Land market value
$226,764
Improvement market value
$809,304
Total market value
$1,036,068
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1995
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
11,994 SF
Lot
0.94 ac (41,155 SF)
APN
110-11-368C
UPID
US07-1344789
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
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1995
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Dan W Carter
Individual
Mailing address
19 NEW DAWN, IRVINE, CA 92620-1976
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2022
$2,750,000
Dan W Carter
Op Spe Phx1 LLC
Warranty Deed
—
Jan 26, 2022
—
Palz Properties LLC
—
Deed
related
$1,787,500 · Pacific Premier Bank
Jun 15, 2018
—
Van S Tucson Properties L L C
—
Deed
related
$1,260,000 · Jpmorgan Chase Bank NA
Oct 26, 2017
$2,100,000
Vans Tucson Golf Props LLC
Crossroads Properties LLC
Grant Deed
—
Dec 9, 2016
—
Crossroads Properties LLC
Jp Miller Family LP
Quit Claim Deed
related
—
May 28, 2008
—
Bp Crossroads Investors LLC
—
Trustees Deed
related
$3,010,000 · National Bank Arizona
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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