Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    315 South Plumer Ave Tucson, AZ 85719

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial property for rent in central Tucson, Arizona.

    Property size:
    13,720 SF
    Lot size:
    13,720 SF

    Property Features for 315 South Plumer Ave

    General Information

    Standard status
    Active
    Size
    13,720 SF

    We can help!

    Listing Contact
    John Ash
    Source: Cbre

    Listing Agent: John Ash

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Central Tucson Industrial Property Available

    Located in Central Tucson, south of Broadway Blvd on the east side of Plumer Ave, this industrial property offers convenient access to Broadway Blvd, Campbell Ave and I-10. The property is situated one mile from the University of Arizona and two miles east of Downtown Tucson. The property size is 13720 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lot 9008 Parking Lot & Garage

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.939896
    Latitude
    32.225853

    Nearby Similar for Lease

    • $4,000 /Mo
      2,600 SF

      Renovated Commercial Building with Yard

      Turnkey 2,600 SF commercial space with C1 zoning.
      6470 E 22Nd St, Tucson, AZ 85710
      View Details
    • $3,250 /Mo
      2,600 SF

      Versatile Commercial Space in Tucson

      2600 SF commercial space suitable for various business uses.
      2841 N Campbell Ave, Tucson, AZ 85719
      View Details
    • $23 SF/Yr
      3,000 SF

      Restaurant Space with Large Kitchen

      Second generation restaurant space available for sublease in Tucson.
      8320 N Thornydale #110 Rd, Tucson, AZ 85741
      View Details
    • $2,800 /Mo
      2,384 SF

      Midtown Tucson Office/Warehouse with Apartment

      Unique industrial property with office, warehouse, and apartment.
      3365 N Dodge Blvd, Tucson, AZ 85716
      View Details
    • $12 SF/Yr
      5,292 SF

      Versatile Space in Tucson, AZ

      Flexible retail/office space with excellent visibility and ample parking.
      Tucson, AZ 85716
      View Details
    • $16 SF/Yr
      13,939 SF

      Tucson Commercial Space For Rent

      1400 SF commercial space in vibrant Tucson location.
      919 N Stone Ave, Tucson, AZ 85705
      View Details
    • $7,500 /Mo
      3,690 SF

      Adaptable Warehouse and Office Space

      Versatile commercial property with warehouse and office space for lease.
      2200 W La Osa St, Tucson, AZ 85705
      View Details
    • $3,000 /Mo
      3,315 SF

      High-Traffic Commercial Space with Drive-Thru

      High-visibility Tucson commercial space with drive-thru; additional storage available.
      2901 N Country Club Rd, Tucson, AZ 85716
      View Details
    • $22 SF/Yr
      57,481 SF

      Retail and Office Space Available

      Retail and office suites in established Tucson shopping center.
      1101 N Wilmot Rd, Tucson, AZ 85712
      View Details
    • $30,558
      1,398 SF

      Prime Retail Space in Tucson

      High-visibility retail space in Tucson's Central Business District.
      424 E 6Th St, Tucson, AZ 85705
      View Details
    • $52,800
      1,558 SF

      Tucson Office Space For Rent

      Charming 1,558 SF office space in prime Tucson location.
      329 W Franklin St, Tucson, AZ 85701
      View Details
    • Contact for pricing

      Downtown Tucson

      Discover many ways to work your way in IL, Oak Brook - Oak Brook Pointe
      Church Ave, Tucson, AZ 85701
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial property for rent in central Tucson, Arizona.
    Where is this industrial property located?
    The property is located at 315 South Plumer Ave Tucson, AZ.
    What are key features of this property?
    This property features: - Central Tucson location; - Close proximity (1 mile) to the University of Arizona; - Convenient access to Broadway Blvd.
    Request Owner's contact information
    315 South Plumer Ave Tucson, AZ 85719
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    315 South Plumer Ave
    Tucson, AZ 85719
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    315 South Plumer Ave Tucson, AZ 85719
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John Ash
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!