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Property profile & analytics
OFF-MARKET
Research & development properties
5900 Kelly Ln, Hereford, AZ 85615-8926
Individually Owned
Property ID
US07-2794137
Property profile
Verified
Property type
Research & development properties
Use group
WASTE DISPOSAL, SEWAGE
Year built
1992
Construction
STEEL FRAME
Total area
1,617 SF
Lot
4.34 ac (189,050 SF)
APN
104-31-036P
UPID
US07-2794137
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Katrina Larkin Perry
Katrina Larkin Perry
since 2025
Last sale
$249,000
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 Hereford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hereford 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$514
Tax year 2023
Assessed value
$6,977
Assessed 2024
Previous assessed
$3,453
+102.1% YoY
Effective rate
7.37%
On assessed value
Assessed land
$5,250
Assessed improvement
$1,727
Land market value
$35,000
Improvement market value
$11,513
Total market value
$46,513
Applied tax rate
4,907.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Research & development properties
Use group
WASTE DISPOSAL, SEWAGE
Status
Off-Market
Year built
1992
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
1,617 SF
Lot
4.34 ac (189,050 SF)
APN
104-31-036P
UPID
US07-2794137
Jurisdiction
COCHISE
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
1992
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
4.34 ac
Current owner
From public records · entity-resolved
Katrina Larkin Perry
Individual
Mailing address
6971 W HEDGE ROSE DR, TUCSON, AZ 85757-0098
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2025
$249,000
Katrina Larkin Perry
Alta Funding & Investments LLC
Warranty Deed
$149,000 · Crosscountry Mortgage LLC
May 16, 2025
—
Alta Funding & Investments LLC
Cesar Alonso Tellez Castro
Trust Deed
related
—
May 22, 2023
$80,000
Cesar Alonso Tellez Castro
Antares LLC
Warranty Deed
$130,000 · Alta Funding & Investments LLC
Oct 28, 2010
$25,000
This N That LLC
Compass Bk
Grant Deed
—
Aug 24, 2009
$90,000
Compass Bk
Itkin Steven J
Trustees Deed
related
—
—
—
Robert D Gierre
—
Deed Of Trust
related
$65,000 · Compass Bank
—
—
Robert D Gierke
—
Deed Of Trust
related
$149,500 · Compass Bank
—
—
Robert D Gierke
—
Deed Of Trust
related
$50,000 · J P Morgan Chase Bank
—
—
Robert D Gierke
—
Deed Of Trust
related
$70,000 · Compass Bank
—
—
Robert D Gierke
—
Deed Of Trust
related
$35,000 · Compass Bank
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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