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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    715 Starr Pass Blvd Tucson, AZ 85713-1404

    • Hotels
    • 8,265 SF
    • 1.44 lot acres
    OFF-MARKET
    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    7.6%
    Hotels
    Location Intelligence
    Property ID
    US07-1031464
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Super 8 by Wyndham Tucson Downtown Convention Center / Inn / Motel

    Property Details for 715 Starr Pass Blvd

    Year built
    1990
    Construction
    FRAME
    Lot size
    1.44 lot acres
    Property size
    8,265 SF
    Property type
    Hotels
    APN
    118-08-036B
    APU
    11808036B

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $560,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $705,000
      6.5%
      $650,000
      7%
      $605,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $553,000
      Market price range: $278k - $1.54M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.982
    Latitude
    32.2064
    CBSA code
    46060
    CBSA name
    TUCSON, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,545
    $50,808
    $195,950
    $246,758
    -
    $282,267
    $1,088,613
    $1,370,880

    Comparable in this City

    • Value Estimation
      $2,300,000
      5,220 SF

      1701 6th Ave

      HOTEL • 5,220 SF
      1701 6th Ave, Tucson, AZ 85713-2805
      View Details
    • Value Estimation
      $4,905,000
      18,048 SF

      810 Benson Hwy

      HOTEL • 18,048 SF
      810 Benson Hwy, Tucson, AZ 85713-5024
      View Details
    • Value Estimation
      $2,870,000
      12,614 SF

      755 Benson Hwy

      HOTEL • 12,614 SF
      755 Benson Hwy, Tucson, AZ 85713-5023
      View Details
    • Value Estimation by Request
      1,400 SF

      3031 6th Ave

      HOTEL • 1,400 SF
      3031 6th Ave, Tucson, AZ 85713-4754
      View Details
    • Value Estimation
      $695,000
      9,608 SF

      720 Silverlake Rd

      HOTEL • 9,608 SF
      720 Silverlake Rd, Tucson, AZ 85713-1433
      View Details
    • Value Estimation
      $1,300,000
      12,368 SF

      1420 Tucson Marketplace Blvd

      HOTEL • 12,368 SF
      1420 Tucson Marketplace Blvd, Tucson, AZ 85713-0006
      View Details

    Similar Nearby for Sale

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      Tucson Saloon - Prime Location

      Historic Tucson bar, redevelopment potential
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      Tucson Contractor Facility - 3 Acres

      Large Industrial Facility, Strong Lease in Place
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      Vacant commercial land with easy access to Tucson.
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    • $1,000,000
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      Tucson Land Near Bioscience Park

      Commercial land adjacent to Tucson Marketplace and U of A.
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    • $85,000
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      Residential Lot in Tucson, AZ

      Ready-to-build lot in established neighborhood with utilities on-site.
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    • $314,000
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      Tucson Commercial Property on Major Thoroughfare

      Versatile commercial property in prime location with high visibility and access.
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    Similar Nearby for Lease

    • $10 SF/Yr
      21,260 SF

      Palo Verde Road Warehouse Space

      Prime Retail/Industrial Warehouse Space Available
      3455 Palo Verde Rd, Tucson, AZ 85713
      View Details
    • $8 SF/Yr
      90,224 SF

      Prime Tucson Retail Space For Lease

      90,224 SF Retail Building, 5.5 Acres
      3390 6Th Ave, Tucson, AZ 85713
      View Details
    • $35 SF/Yr
      1,000 SF

      Retail Space Near Regional Center

      Retail shops in a high-traffic regional center location.
      1570 E Tucson Marketplace Blvd, Tucson, AZ 85713
      View Details
    • $0.80 SF/Yr
      2,217 SF

      Warehouse Space in Alvernon Center

      Warehouse space for lease in a south-central location.
      3865 E 34Th St, Tucson, AZ 85713
      View Details
    • $1.00 SF/Yr
      3,630 SF

      Versatile Industrial Warehouse with Storefront

      Retail, warehouse, or brewery space with loading and parking.
      3455 South Palo Verde Rd, Tucson, AZ 85713
      View Details
    • Contact for pricing
      1 SF

      Tucson Retail Space - Ajo & Park

      Prime Retail Parcel: Ground Lease or Build-to-Suit
      0 Ajo Way & Park Ave, Tucson, AZ 85713
      View Details

    Property Visit Statistics

    • Visits by month
      8.6k
    • Visitors by month
      7.6k
    • Avg Time on site
      44 min
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    715 Starr Pass Blvd
    Tucson, AZ 85713-1404
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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