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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
7121 Frances Ave, Tucson, AZ 85756-9704
Individually Owned
9-yr Hold
Free & Clear
Property ID
US07-0757182
Property profile
Verified
Property type
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Year built
2003
Construction
STEEL FRAME
Total area
2,640 SF
Lot
1.08 ac (46,968 SF)
APN
140-40-050A
UPID
US07-0757182
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Walter D Mink · 9 yrs held
Walter D Mink
since 2017
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
—
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
$2,683
Tax year 2023
Assessed value
$24,502
Assessed 2024
Previous assessed
$23,776
+3.1% YoY
Effective rate
10.95%
On assessed value
Assessed land
$12,766
Assessed improvement
$11,736
Land market value
$70,922
Improvement market value
$65,200
Total market value
$136,122
Applied tax rate
1,200.0000
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
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
2,640 SF
Lot
1.08 ac (46,968 SF)
APN
140-40-050A
UPID
US07-0757182
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
2003
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Walter D Mink
Individual
Free & Clear · 9 yrs held
Mailing address
2045 N DAVIS RNCH RD, WILLCOX, AZ 85643-3122
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2017
$80,000
Walter D Mink
John R Rhodes
Joint Tenancy Deed
related
—
May 25, 2010
$79,929
John R Rhodes
Don C Newland
Re-recorded Document
related
—
Feb 17, 2010
$79,929
Rhodes J R & S C Living Trust
Whitehill Charles H
Trustees Deed
—
Apr 15, 2008
$130,000
Don C Newland
Rhodes,john R
Warranty Deed
$80,000 · John R & Sally C Rhodes Trust Livin
Aug 7, 2003
—
Rhodes,tr
Rhodes,john & Sally
Quit Claim Deed
related
—
Jun 24, 1998
$45,000
John Rhodes
Fidelity National Trustee
Grant Deed
$45,000 · Seller
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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