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Property profile & analytics
OFF-MARKET
Estimated value
$5,965,000
Hotels
5151 Grant Rd, Tucson, AZ 85712-2144
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-2825421
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1985
Construction
FRAME
Total area
39,204 SF
Lot
4.88 ac (212,513 SF)
APN
110-12-007B
UPID
US07-2825421
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
-
Sheraton Tucson Hotel & Suites Hotel & Motel
-
The Venue Event & Conference Center Hotel & Motel Resort
-
the Glowbal Restaurant & Bar Restaurant
-
Peaceful Spirit Massage and Wellness Centers -- Sheraton Hotel Location Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.47M
CAP Approach
CAP
$4.51M
Comparable Approach
Comparable
$5.22M
Blend (final)
Blend
$5.97M
Owner & transaction history
James Edward Morgan · 3 yrs held
James Edward Morgan
since 2022
Last sale
$6.4M
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
$5,780,000
ML approach
$7,470,000
CAP Approach
CAP Return
Estimation
6%
$4,890,000
6.5%
$4,510,000
7%
$4,190,000
Blend value · Realmo final
$5.97M
Range $5.37M – $6.56M · ±10% · vs last sale $6.40M (Aug 5 2022)
Last sale anchor
$6.40M
Aug 5 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
$152 / 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
$217,548
Tax year 2023
Assessed value
$2,327,745
Assessed 2024
Previous assessed
$1,745,051
+33.4% YoY
Effective rate
9.35%
On assessed value
Assessed land
$267,766
Assessed improvement
$2,059,979
Land market value
$1,487,591
Improvement market value
$11,444,329
Total market value
$12,931,920
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
HOT WATER
Cooling
REFRIGERATOR
Buildings
7
Stories
4
Total area
39,204 SF
Lot
4.88 ac (212,513 SF)
APN
110-12-007B
UPID
US07-2825421
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
1985
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
4
Buildings
7
Lot
4.88 ac
Current owner
From public records · entity-resolved
James Edward Morgan
Individual
Mailing address
5151 E GRANT RD, TUCSON, AZ 85712-2144
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2023
—
Tnb Tucson LLC
—
Deed
related
$7,762,000 · Mountain America FCU
Aug 5, 2022
—
James Edward Morgan
James E Morgan
Intrafamily Transfer
related
—
Apr 5, 2022
—
Tnb Tucson LLC
—
Deed
related
$2,000,000 · United States Small Business Admin
Feb 11, 2020
—
Tnb Tucson LLC
—
Deed
related
$1,000,000 · Markev Realty Corporation
Aug 9, 2017
—
Tnb Tucson LLC
—
Deed
related
$3,200,000 · Royal Business Bank
May 29, 2015
$6,400,000
Tnb Tucson LLC
Ga Tucson Hotel LLC
Special Warranty Deed
$7,000,000 · Mutual Of Omaha Bank
Dec 10, 2007
$24,500,000
Wildcats Hotel Holdings LLC
Host Tucson LLC
Grant Deed
related
$15,000,000 · Principal Life Insurance Co
Aug 20, 1996
$11,000,000
Tucson L L C Slt
Tucson Hotel Ventures INC
Grant Deed
related
—
Oct 15, 1992
—
Tucson Hotel Ventures INC
State Savings Mt
Grant Deed
$6,250,000 · State Savings Mortgage Co
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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