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    6584 Oracle Rd Tucson, AZ 85704

    Sponsored
    For Sale
    $745,000

    Profitable Salon/Spa, Northwest Tucson

    Property size:
    1,989 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional freestanding retail building, located at 6584 N. Oracle Road in Tucson, Arizona (zip code 85704), presents a unique investment opportunity. Currently operating as a thriving salon/day spa with 95% occupancy, this 1,989 square foot property offers a compelling combination of historical charm and modern functionality. The asking price is $745,000, translating to a price per square foot of $374.56 and a strong 13.28% cap rate. The building boasts attractive interior finishes and mature landscaping, including serene outdoor spaces and private patios. Situated in the highly desirable Northwest Tucson submarket, adjacent to Oro Valley, along Oracle Road (State Route 77), this property benefits from excellent visibility and accessibility. The Net Operating Income (NOI) is $98,954. The property is a multi-tenant building with a gross lease type and the current lease term is expiring. The building's rich history includes origins as part of a southwestern-style guest ranch, believed to have been designed by Josias Joesler. Subsequently converted to office and retail uses, it has served as a successful salon for many years. All furniture, fixtures, and equipment (FF&E) are included in the sale. This property is impeccably maintained and professionally operated, making it ideal for both investors seeking a strong return and owner-operators looking for an established business. The property's APN is 102-03-3250. The current occupancy date is August 19, 2024.

    Property Features for 6584 Oracle Rd

    General Information

    Property type
    Retail properties
    Square Feet
    1,989 SF

    HighLights

    • 1,989 SF freestanding retail building in Tucson, AZ (85704), located at 6584 N. Oracle Road.
    • $745,000 asking price, $374.56/SF, 13.28% cap rate, $98,954 NOI.
    • Currently 95% occupied, multi‑tenant building with expiring gross leases; FF&E included.
    • Excellent visibility and accessibility on Oracle Road (SR 77) in Northwest Tucson, near Oro Valley.
    • Impeccably maintained with attractive interior finishes, mature landscaping, and outdoor patios; APN 102‑03‑3250; Occupancy date: August 19, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gloss Salon on Oracle Beauty Salon Skin by Megan ... Beauty Salon Ta-Da Esthetics Facial Spa Spirit Salon & Day ... Hair Salon Skincare By Charlene Facial Spa

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.9749964
    Latitude
    32.3264482

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    FAQs

    What type of property is this?
    Retail property - Profitable Salon/Spa, Northwest Tucson
    Where is this retail property located?
    The property is located at 6584 Oracle Rd Tucson, AZ.
    What is the asking price?
    The asking price for this property is $745,000.
    What are key features of this property?
    This property features: 1,989 SF freestanding retail building in Tucson, AZ (85704), located at 6584 N. Oracle Road.; $745,000 asking price, $374.56/SF, 13.28% cap rate, $98,954 NOI.; Currently 95% occupied, multi-tenant building with expiring gross leases; FF&E included.
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    Tucson, AZ 85704
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    Realmo Value Estimation

    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.

    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.

    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
    6584 Oracle Rd Tucson, AZ 85704
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