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Property profile & analytics
OFF-MARKET
Estimated value
$3,320,000
Strip malls
7000 Tanque Verde Rd, Tucson, AZ 85715-5325
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0219631
Property summary
AI-generated overview
Santa Fe Square, located at 7000 E Tanque Verde Rd in Tucson, Arizona, 85715, offers exceptional office and retail space for lease. This 43,584 square foot property, built in 1976, is zoned C-1 by the City of Tucson and situated in Pima County. The property features a variety of space options, suitable for multiple tenants. Units range from a minimum of 968 square feet to a maximum contiguous space of 16,870 square feet. Currently, there is 19,418 square feet of vacant space available. The property's diverse zoning allows for retail, office, and restaurant uses, making it an ideal location for a variety of businesses. Its convenient location at the southwest corner of Tanque Verde and Sabino Canyon Roads provides excellent visibility and accessibility. This multi-tenant building presents a unique opportunity for businesses seeking flexible and well-located space in Tucson. Inquire today to learn more about the available spaces and lease terms.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1976
Construction
FRAME
Total area
21,168 SF
Lot
3.86 ac (168,166 SF)
APN
133-15-2880
UPID
US07-0219631
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
-
Tucson Lifestyle Magazine Publishing House
-
Linda Landry Real Estate Agency
-
Tucson Wellness MD Medical Clinic
-
Tucson Sports Recovery Alternative Medicine Practice Spa & Massage Center
-
Poco & Moms Cantina Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.32M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.32M
Owner & transaction history
Conley Ventures LLC · 4 yrs held
Conley Ventures LLC
since 2021
2 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%
$3,595,000
6.5%
$3,315,000
7%
$3,080,000
Blend value · Realmo final
$3.32M
Range $2.99M – $3.65M · ±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
$157 / 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
$63,756
Tax year 2023
Assessed value
$741,264
Assessed 2024
Previous assessed
$854,489
-13.3% YoY
Effective rate
8.60%
On assessed value
Assessed land
$174,052
Assessed improvement
$567,212
Land market value
$966,954
Improvement market value
$3,151,176
Total market value
$4,118,130
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1976
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
5
Stories
2
Total area
21,168 SF
Lot
3.86 ac (168,166 SF)
APN
133-15-2880
UPID
US07-0219631
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
1976
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
5
Lot
3.86 ac
Current owner
From public records · entity-resolved
Conley Ventures LLC
Entity
Mailing address
115 MONROE ST, BEAVER DAM, WI 53916-2436
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2021
—
Conley Ventures LLC
Conley Holdings LLC
Special Warranty Deed
$1,200,000 · Stronghill Capital LLC
Jul 22, 1998
—
Citizen Printing LLC
Gaslight Square Assoc LP
Grant Deed
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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