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Property profile & analytics
OFF-MARKET
Estimated value
$7,375,000
Auto shops
5650 Travel Plz Way Tucson, AZ 85756-9351
Entity Owned
7-yr Hold
Free & Clear
Property ID
US07-2307867
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2014
Construction
FRAME
Total area
49,751 SF
Lot
15.01 ac (653,707 SF)
APN
140-37-068H
UPID
US07-2307867
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
-
Velocity Truck Centers - Tucson Car Dealership
-
Velocity Fire Equipment & Sales Factory Production Facility
-
Velocity Truck Rental & Leasing Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.39M
Blend (final)
Blend
$7.38M
Owner & transaction history
Redgate Partners LLC · 7 yrs held
Redgate Partners LLC
since 2019
5 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$11,105,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$7.38M
Range $6.64M – $8.11M · ±10%
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
$148 / 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
$102,870
Tax year 2023
Assessed value
$1,056,263
Assessed 2024
Previous assessed
$958,204
+10.2% YoY
Effective rate
9.74%
On assessed value
Assessed land
$354,178
Assessed improvement
$702,085
Land market value
$1,967,658
Improvement market value
$3,900,472
Total market value
$5,868,130
Applied tax rate
1,200.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2014
Construction
FRAME
Heating
YES
Cooling
EVAPORATIVE
Stories
1
Total area
49,751 SF
Lot
15.01 ac (653,707 SF)
APN
140-37-068H
UPID
US07-2307867
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
MEDICAL BUILDING
Est. value
$11.1M
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
2014
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
15.01 ac
Current owner
From public records · entity-resolved
Redgate Partners LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2429 PECK RD, WHITTIER, CA 90601-1605
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2020
—
Redgate Partners LLC
—
Deed
related
$23,000,000 · First Republic Bank
Sep 3, 2019
—
Redgate Partners LLC
—
Deed
related
$46,607,423 · Mercedes Benz Fin'l Svcs USA L
Jun 28, 2019
—
Redgate Partners LLC
Redgate Arizona LLC
Quit Claim Deed
—
Apr 1, 2015
$13,661,000
Redgate Arizona LLC
Freightliner Flagstaff Acquisitions
Special Warranty Deed
—
—
—
Redgate Partners LLC
—
Loan Modification
related
$46,607,423 · Mercedes Benz Fin'l Svcs USA L
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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