Property profile

515 Miracle Mile Tucson, AZ 85705

OFF-MARKET
Hotels
Property ID
US07-0711540
8,624 SF 0.88 ac lot Built 1953
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1953
Construction FRAME
Total area 8,624 SF
Lot 0.88 ac (38,439 SF)
APN 107-05-1040
UPID US07-0711540

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Courier Service

Location

515 Miracle Mile Tucson, AZ 85705-3704
Tucson metro Census 1303 TUCSON, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.23M

Owner & transaction history

since 2023
Last sale
$1.2M
5 recorded transactions
2023
$1.2M
2018
Price N/A
2013
$119,710
1998
$317,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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