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Property profile & analytics
OFF-MARKET
Estimated value
$1,840,000
Retail space
8701 Kolb Rd Tucson, AZ 85756-9607
Trust Owned
17-yr Hold
~
Est. High Equity
Property ID
US07-1100808
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
FRAME
Total area
12,875 SF
Lot
0.04 ac (1,576 SF)
APN
141-23-003V
UPID
US07-1100808
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
-
Julian wash bike trail Hiking Area
-
Voyager 11-294 Housing Complex
-
Voyager Resort Golf Course Gym & Fitness Center Sports Field & Court
-
Urgent Care RV Repair & Solar Auto Repair Shop
-
PeakMeds Peptides HGH Testosterone Therapy Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.89M
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$1.84M
Owner & transaction history
Crane Trust · 17 yrs held
Crane Trust
since 2008
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.9M
+38.3%
Industrial (general)
$2.7M
+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%
$2,040,000
6.5%
$1,885,000
7%
$1,750,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,080,000
Current use
MEDICAL BUILDING
$2,875,000
Change: +38% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,655,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$1.84M
Range $1.66M – $2.02M · ±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
$143 / 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
$260,494
Tax year 2023
Assessed value
$3,337,362
Assessed 2024
Previous assessed
$3,178,387
+5.0% YoY
Effective rate
7.81%
On assessed value
Assessed land
$2,746,306
Assessed improvement
$591,056
Land market value
$15,257,256
Improvement market value
$3,283,644
Total market value
$18,540,900
Applied tax rate
2,000.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
11
Stories
1
Units
1
Total area
12,875 SF
Lot
0.04 ac (1,576 SF)
APN
141-23-003V
UPID
US07-1100808
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
$2.1M
MEDICAL BUILDING
Est. value
$2.9M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
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
1986
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
11
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Crane Trust
Trust
Mailing address
8701 S KOLB RD, TUCSON, AZ 85756-9607
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
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
Aug 22, 2008
$904,764
Crane Trust
Title Security Agency Of Az
Trustees Deed
—
Jan 10, 2005
—
Voyager Rv Resort LLC
—
Grant Deed
related
$3,000,000 · Commercial Federal S&l
Jul 2, 2003
—
Voyager Homes LLC
Fidelity National Title Agy Tt
Grant Deed
$578,116 · Commercial Federal Bank
May 15, 2002
—
Voyager Rv Resort LLC
—
Trustees Deed
related
$250,000 · Commercial Federal Bank
—
—
Voyager Rv Resort LLC
—
Deed Of Trust
related
$24,750,000 · John Hancock Life Insurance Co
—
—
Voyager Rv Resort LLC
—
Deed Of Trust
related
$5,388,687 · Bank Of Oklahoma
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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