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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Motels
720 41st St Tucson, AZ 85713-5842
Entity Owned
Free & Clear
Property ID
US07-0630321
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1949
Construction
FRAME
Total area
1,538 SF
Lot
0.43 ac (18,750 SF)
APN
119-03-131A
UPID
US07-0630321
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
$625k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Majak Re LLC
Majak Re LLC
since 2026
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$740,000
+33.9%
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
$625,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$550,000
Current use
WAREHOUSE, STORAGE
$740,000
Change: +34% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$445,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Feb 28 2024)
Last sale anchor
$625k
Feb 28 2024
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
$406 / 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
$2,672
Tax year 2023
Assessed value
$36,439
Assessed 2024
Previous assessed
$36,439
+0.0% YoY
Effective rate
7.33%
On assessed value
Assessed land
$5,400
Assessed improvement
$31,039
Land market value
$30,000
Improvement market value
$172,440
Total market value
$202,440
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1949
Construction
FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Buildings
4
Stories
1
Units
1
Total area
1,538 SF
Lot
0.43 ac (18,750 SF)
APN
119-03-131A
UPID
US07-0630321
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
$550,000
WAREHOUSE, STORAGE
Est. value
$740,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$445,000
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
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
1949
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Majak Re LLC
Entity
Free & Clear · 0 yrs held
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2026
$285,000
Majak Re LLC
West 40th Property LLC
Warranty Deed
—
Feb 28, 2024
—
Murego Johnson
Murego Johnson
Intrafamily Transfer
related
$216,000 · Barrett Financial Group LLC
Feb 24, 2023
—
Solutions Finders LLC
James W Ress
Re-recorded Document
related
—
Oct 21, 2022
—
Solution Finders LLC
—
Deed
related
$20,000 · Montrose Holdings LLC
Dec 7, 2018
$625,000
Solution Finders LLC
Ross,james W
Warranty Deed
$600,000 · James W & Kim A Ross
Aug 4, 2010
—
James W Ross
Ross,james W & Kim A
Quit Claim Deed
related
—
Sep 4, 2009
$300,000
James W Ross
Bkkb Investments LLC
Grant Deed
—
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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