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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Investment properties
5969 Belvedere Ave Tucson, AZ 85706-4921
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-0110967
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1969
Construction
FRAME
Total area
5,510 SF
Lot
3.57 ac (155,399 SF)
APN
140-33-054J
UPID
US07-0110967
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
$1.07M
CAP Approach
CAP
$915k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$965k
Owner & transaction history
Saje 3 Investments LLC · 5 yrs held
Saje 3 Investments LLC
since 2021
Last sale
$925,000
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 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
$985,000
ML approach
$1,065,000
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$915,000
7%
$850,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,595,000
Change: -15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,500,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $925k (Apr 12 2021)
Last sale anchor
$925k
Apr 12 2021
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
$175 / 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
$16,737
Tax year 2023
Assessed value
$189,727
Assessed 2024
Previous assessed
$189,727
+0.0% YoY
Effective rate
8.82%
On assessed value
Assessed land
$55,944
Assessed improvement
$133,783
Land market value
$310,798
Improvement market value
$743,237
Total market value
$1,054,035
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1969
Construction
FRAME
Heating
YES
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Total area
5,510 SF
Lot
3.57 ac (155,399 SF)
APN
140-33-054J
UPID
US07-0110967
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
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1969
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
3.57 ac
Current owner
From public records · entity-resolved
Saje 3 Investments LLC
Entity
Mailing address
PO BOX 18819, TUCSON, AZ 85731-8819
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2021
—
Saje 3 Investments LLC
—
Deed
related
$1,747,500 · The Foothills Bank
Apr 12, 2021
$925,000
Saje 3 Investments LLC
Titan Terminal Properties LP
Special Warranty Deed
—
Oct 30, 2015
$850,000
Titan Terminal Properties L
Decook Properties LLC
Grant Deed
—
Nov 26, 2008
$1,346,000
Decook Properties LLC
Dyer J & M Family Trust
Grant Deed
related
$618,700 · Vantage West Cu
Mar 31, 2005
$392,500
Dyer John & Marsha Trust
Hmwj
Grant Deed
related
$650,000 · Bank Of The West
Sep 26, 2001
$257,500
Hmwj
Conerstone Properties Group
Grant Deed
related
—
—
—
Hmwj
—
Deed Of Trust
related
$100,000 · Bank Of America
—
—
Hmwj Corp
—
Deed Of Trust
related
$125,000 · Coolidge Glass & Mirror INC
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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