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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Assisted living facilities
707 Miracle Mile, Tucson, AZ 85705-3706
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US07-0779484
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1964
Construction
FRAME
Total area
6,344 SF
Lot
2.35 ac (102,486 SF)
APN
107-05-121A
UPID
US07-0779484
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
-
Teen Challenge of Arizona - Tucson Men's Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$695k
Owner & transaction history
Gospel Rescue Mission Of Tucson · 17 yrs held
Gospel Rescue Mission Of Tucson
since 2009
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
$110 / 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
Assessed value
$528,444
Assessed 2024
Previous assessed
$528,444
+0.0% YoY
Assessed land
$61,953
Assessed improvement
$466,491
Land market value
$413,019
Improvement market value
$3,109,941
Total market value
$3,522,960
Applied tax rate
1,050.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1964
Construction
FRAME
Heating
HEAT PUMP
Cooling
WINDOW A/C
Buildings
5
Stories
1
Units
37
Total area
6,344 SF
Lot
2.35 ac (102,486 SF)
APN
107-05-121A
UPID
US07-0779484
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
1964
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
5
Units
37
Lot
2.35 ac
Current owner
From public records · entity-resolved
Gospel Rescue Mission Of Tucson
Individual
Mailing address
4550 S PALO VERDE RD, TUCSON, AZ 85714-1943
Ownership since
2009
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
Apr 15, 2009
$2,025,000
Gospel Rescue Mission Of Tucson
Patel,ramesh N & Bina R
Warranty Deed
$800,000 · Canyon Community Bank NA
Apr 15, 2009
—
Ramish N Patel
Usge Holdings Of Arizona Ix LLC
Quit Claim Deed
related
—
Jun 30, 2008
$2,475,000
Usge Holdings Of Arizona Ix LLC
Patel,ramesh N & Bina R
Warranty Deed
related
—
Jan 13, 1998
$1,295,000
Girish F Patel
Tucson Wayward Wind Lodge LLC
Grant Deed
$500,000 · Zions First National Bank
Jun 16, 1993
$725,000
Wayward Winds Lodge L L C Tucson
Boydstun
Grant Deed
—
—
—
Ramesh N Patel
—
Deed Of Trust
related
$1,150,000 · Fpb Building LLC
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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