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Property profile & analytics
OFF-MARKET
Estimated value
$2,900,000
Strip malls
9 Scott Ave, Tucson, AZ 85701-1518
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-1592684
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1948
Construction
CONCRETE
Total area
12,740 SF
Lot
0.28 ac (12,072 SF)
APN
117-12-0210
UPID
US07-1592684
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
$2.90M
CAP Approach
CAP
$2.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.90M
Owner & transaction history
63 E Congress & 9 N Scott LLC · 2 yrs held
63 E Congress & 9 N Scott LLC
since 2024
Last sale
$2.9M
7 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
Method
Estimation
Statistic approach
$2,900,000
ML approach
$2,900,000
CAP Approach
CAP Return
Estimation
6%
$2,160,000
6.5%
$1,995,000
7%
$1,855,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,685,000
Current use
AUTO REPAIR, GARAGE
$3,465,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$2.90M
Range $2.61M – $3.19M · ±10% · vs last sale $2.90M (Jan 26 2024)
Last sale anchor
$2.90M
Jan 26 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
$228 / 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
Assessed value
$316,296
Assessed 2024
Previous assessed
$316,296
+0.0% YoY
Assessed land
$43,459
Assessed improvement
$272,837
Land market value
$241,440
Improvement market value
$1,515,760
Total market value
$1,757,200
Applied tax rate
163.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1948
Construction
CONCRETE
Heating
SPACE
Cooling
YES
Stories
1
Total area
12,740 SF
Lot
0.28 ac (12,072 SF)
APN
117-12-0210
UPID
US07-1592684
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
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
1948
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
63 E Congress & 9 N Scott LLC
Entity
Mailing address
7317 S VIA CABANA, TUCSON, AZ 85756-8359
Ownership since
2024
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
Jan 26, 2024
$2,900,000
63 E Congress & 9 N Scott LLC
Eq Scott And Congress LLC
Special Warranty Deed
$1,473,250 · First Interstate Bank
Jun 14, 2017
$2,200,000
Eq Scott & Congress LLC
Sixty-three Building LLC
Grant Deed
—
Jun 12, 2015
—
John W Miller
Miller,lorraine D
Quit Claim Deed
related
$150,000 · Mj Equity Investments LLC Mj Equity Investments LLC
Dec 6, 2006
—
Sixty-three Building LLC
—
Trustees Deed
related
$1,000,000 · Southern Arizona Community Bk
Mar 17, 2006
—
Sixty-three Building LLC
John Wesley Miller Companies
Grant Deed
related
—
Dec 1, 2005
$1,296,000
John Wesley Miller Companies
63 East LLC
Grant Deed
$1,200,000 · 63 East LLC
Nov 17, 1992
$193,000
Herry B Siebenberg
Hatcher
Grant Deed
$163,000 · 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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