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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Grocery and convenience stores
7103 Tanque Verde Rd Tucson, AZ 85715
Entity Owned
8-yr Hold
Free & Clear
Property ID
US07-0927763
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1985
Construction
FRAME
Total area
38,847 SF
Lot
7.14 ac (310,955 SF)
APN
114-60-019C
UPID
US07-0927763
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
$5.68M
Comparable Approach
Comparable
$7.80M
Blend (final)
Blend
$820k
Owner & transaction history
Rok Colonia Verde LLC · 8 yrs held
Rok Colonia Verde LLC
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.7M
+38.3%
Industrial (general)
$8.0M
+27.7%
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%
$6,155,000
6.5%
$5,680,000
7%
$5,275,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,270,000
Current use
MEDICAL BUILDING
$8,670,000
Change: +38% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$8,010,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$820k
Range $738k – $902k · ±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
$21 / 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
$122,566
Tax year 2023
Assessed value
$1,166,531
Assessed 2024
Previous assessed
$983,161
+18.7% YoY
Effective rate
10.51%
On assessed value
Assessed land
$308,405
Assessed improvement
$858,126
Land market value
$1,713,362
Improvement market value
$4,767,366
Total market value
$6,480,728
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
5
Stories
1
Total area
38,847 SF
Lot
7.14 ac (310,955 SF)
APN
114-60-019C
UPID
US07-0927763
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
RETAIL STORES Current
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$8.7M
INDUSTRIAL (GENERAL)
Est. value
$8.0M
RETAIL STORES Current
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
1985
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
5
Lot
7.14 ac
Current owner
From public records · entity-resolved
Rok Colonia Verde LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 1737, VANCOUVER, WA 98668-1737
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2017
$24,500,000
Rok Colonia Verde LLC
Arneill Colonia LLC
Special Warranty Deed
—
Mar 28, 2007
—
Record Owner
Owner,record
Grant Deed
related
—
Dec 28, 2006
$21,135,000
Reseda Colonia LLC
Colonia Verde Retail LLC
Grant Deed
related
$15,145,000 · Bear Stearns Commercial Mtg
Dec 28, 2006
—
Paul J
Furst,roslyn
Affidavit Of Death
related
—
Aug 14, 1996
$9,100,000
Verde Retail L L C Colonia
First Chicago Group Trust
Grant Deed
related
$6,825,000 · General American Life Insuranc
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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