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Property profile & analytics
OFF-MARKET
Estimated value
$11,260,000
Hotels
7060 Tucson Blvd Tucson, AZ 85756-6930
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-0813584
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1981
Construction
FRAME
Total area
24,797 SF
Lot
4.95 ac (215,716 SF)
APN
140-42-072B
UPID
US07-0813584
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
-
Four Points by Sheraton Tucson Airport Hotel & Motel
-
Convention center Business Service Center Conference Center
-
ATM Atm
-
SOL Bar & Grill Restaurant
-
VAN Rental Tucson International Airport Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.15M
Blend (final)
Blend
$11.26M
Owner & transaction history
City Of Tucson · 3 yrs held
City Of Tucson
since 2023
Last sale
$10.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.6M
+29.8%
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
$11,925,000
ML approach
$10,495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$8,900,000
Current use
RESTAURANT
$11,550,000
Change: +30% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,425,000
Change: -5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,175,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$11.26M
Range $10.13M – $12.39M · ±10% · vs last sale $10.87M (Jan 5 2023)
Last sale anchor
$10.87M
Jan 5 2023
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
$454 / 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
$140,855
Tax year 2023
Assessed value
$1,717,821
Assessed 2024
Previous assessed
$1,717,821
+0.0% YoY
Effective rate
8.20%
On assessed value
Assessed land
$174,730
Assessed improvement
$1,543,091
Land market value
$970,722
Improvement market value
$8,572,728
Total market value
$9,543,450
Applied tax rate
1,250.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1981
Construction
FRAME
Heating
HEAT PUMP
Buildings
4
Stories
3
Units
149
Total area
24,797 SF
Lot
4.95 ac (215,716 SF)
APN
140-42-072B
UPID
US07-0813584
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
HOTEL/MOTEL Current
Est. value
$8.9M
RESTAURANT
Est. value
$11.6M
COMMERCIAL (GENERAL)
Est. value
$8.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.2M
HOTEL/MOTEL Current
RESTAURANT
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1981
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Buildings
4
Units
149
Lot
4.95 ac
Current owner
From public records · entity-resolved
City Of Tucson
Entity
Mailing address
1603 AVIATION BLVD STE F, REDONDO BEACH, CA 90278-2857
Ownership since
2023
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
Jan 5, 2023
—
City Of Tucson
City Of Tucson
Intrafamily Transfer
related
—
Sep 16, 2021
$10,870,375
Tucson Airport Resort II LLC
6464 Woodman Court LP
Warranty Deed
—
Dec 8, 2020
$10,870,375
6464 Woodman Court LP
Tucson Airport Resort LLC
Warranty Deed
—
Jan 17, 2020
—
Tuscon Airport Resort LLC
—
Deed
related
$10,100,000 · Citi R/e Fndg INC
Aug 28, 2018
—
Robray Hotel Partnership
—
Deed
related
$5,480,000 · Cathay Bank
Sep 15, 2006
$7,900,000
Robray Hotel Ptshp
Rbj Hospitality LLC
Grant Deed
$5,200,000 · United Commercial Bank
Aug 13, 2004
$3,250,000
Rbj Hospitality LLC
Sunamerica Life Insurance
Grant Deed
$2,330,580 · Pmc Investment Corp
Aug 12, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Jan 18, 1990
—
Inn At Airport A
Unknown
Grant Deed
related
—
—
—
Robray Hotel Partnership
—
Deed Of Trust
related
$5,000,000 · Cathay 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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