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Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Warehouses
637 Rillito St, Tucson, AZ 85705
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US07-1210394
Property summary
AI-generated overview
This single-story, 25,200-square-foot industrial property in Tucson, Arizona, is available for $1,800,000. Built in 1959 and 1966, this I-1 zoned building offers 22,500 square feet of net rentable space, priced at $71.43 per square foot. Features include two loading docks with two dock-high doors, a 12-foot ceiling height, and approximately 600 amp 3-phase power. The property boasts a small yard and benefits from a convenient location, just one mile from Interstate 10 and three miles from the University of Arizona. The property includes two APNs: 115-15-1600 and 115-15-1610. This is a NNN lease opportunity with a single tenancy. The seller is motivated. This functional building presents a strong investment opportunity in a desirable location.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1959
Construction
FRAME
Total area
16,800 SF
Lot
0.63 ac (27,426 SF)
APN
115-15-1610
UPID
US07-1210394
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
$2.00M
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.45M
Owner & transaction history
625 Rillito LLC
625 Rillito LLC
since 2025
Last sale
$1.8M
1 recorded transaction
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%
$2,165,000
6.5%
$2,000,000
7%
$1,855,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,615,000
Current use
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±10% · vs last sale $1.80M (Dec 3 2025)
Last sale anchor
$1.80M
Dec 3 2025
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
$86 / 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
$12,573
Tax year 2023
Assessed value
$108,007
Assessed 2024
Previous assessed
$88,251
+22.4% YoY
Effective rate
11.64%
On assessed value
Assessed land
$12,383
Assessed improvement
$95,624
Land market value
$82,552
Improvement market value
$637,496
Total market value
$720,048
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1959
Construction
FRAME
Heating
SPACE
Cooling
EVAPORATIVE
Stories
1
Total area
16,800 SF
Lot
0.63 ac (27,426 SF)
APN
115-15-1610
UPID
US07-1210394
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
WAREHOUSE, STORAGE Current
Est. value
$1.6M
WAREHOUSE, STORAGE Current
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
1959
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
625 Rillito LLC
Entity
Mailing address
625 W RILLITO ST, TUCSON, AZ 85705-5441
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2025
$1,800,000
625 Rillito LLC
Postcraft Co
Special Warranty Deed
$1,200,000 · Postcraft 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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