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Property profile & analytics
FOR LEASE
Truck terminals
601 W Flores St Tucson, AZ 85705
Entity Owned
2-yr Hold
Free & Clear
Property ID
US07-1373095
For Lease
1 / 5
Contact for pricing
601 W Flores St, Tucson, AZ 85705
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Property summary
AI-generated overview
This Tucson industrial property, located at 601 W Flores St, 85705, offers 20,613 square feet of flexible warehouse space ideal for distribution. The single building, constructed in 1962, sits on a 0.81-acre lot and is zoned I1. Units are divisible down to 10,000 square feet, with a maximum contiguous space of 20,000 square feet. The property boasts 29 loading docks and 3 drive-ins, ensuring efficient shipping and receiving. Amenities include 24/7 access, high-speed internet, customized warehouse units, package and mail handling, complimentary beverages, on-site management, CCTV security, and dedicated or shared loading docks. Forklift rentals are available. This is a prime location for businesses seeking versatile and well-equipped warehouse space in Tucson, Arizona. The property is suitable for multiple tenants.
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1962
Construction
FRAME
Total area
11,200 SF
Lot
0.81 ac (35,210 SF)
APN
115-15-1660
UPID
US07-1373095
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
-
Reddaway Trucking Company
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
601 Flores Az LLC · 2 yrs held
601 Flores Az LLC
since 2024
6 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
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
$10,673
Tax year 2023
Assessed value
$111,870
Assessed 2024
Previous assessed
$111,870
+0.0% YoY
Effective rate
9.54%
On assessed value
Assessed land
$13,257
Assessed improvement
$98,613
Land market value
$88,377
Improvement market value
$657,423
Total market value
$745,800
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
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
For Lease
Year built
1962
Construction
FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
11,200 SF
Lot
0.81 ac (35,210 SF)
APN
115-15-1660
UPID
US07-1373095
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
1962
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
0.81 ac
Current owner
From public records · entity-resolved
601 Flores Az LLC
Entity
Free & Clear · 2 yrs held
Mailing address
601 W FLORES ST, TUCSON, AZ 85705-5437
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2024
$1,080,000
601 Flores Az LLC
Yrc INC
Quit Claim Deed
related
—
Dec 24, 2020
—
Yrc INC
—
Deed
related
$300,000 · The Bank Of New York Mellon
Sep 12, 2019
—
Yrc INC
—
Loan Modification
related
$600,000,000 · Cortland Products Corp
Nov 29, 2017
—
Yrc INC
—
Loan Modification
related
$600,000,000 · Credit Suisse Ag Cayman Iss Br
Feb 4, 2009
—
Yrc INC
—
Deed Of Trust
related
$1,450,000,000 · J P Morgan Chase Bank
—
—
Yrc INC
—
Deed Of Trust
related
—
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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