Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2515 Fort Lowell Rd Tucson, AZ 85716
    Back to Search
    Property profile & analytics

    2515 Fort Lowell Rd, Tucson, AZ 85716

    View on Map
    • Retail properties & Spaces
    • 2,430 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Zona Fountains / Garden Center

    Property Details for 2515 Fort Lowell Rd

    Year built
    1979
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.935
    Latitude
    32.2653

    Comparable in this City

    • Value Estimation by Request
      21,480 SF

      3502-3532 Grant Rd

      Individual retail properties
      3502-3532 Grant Rd, Tucson, AZ 85716
      View Details
    • Value Estimation by Request
      6,535 SF

      3007-3025 Speedway Blvd

      Individual retail properties
      3007-3025 Speedway Blvd, Tucson, AZ 85716
      View Details
    • Value Estimation by Request

      3449 Speedway Blvd

      Individual retail properties
      3449 Speedway Blvd, Tucson, AZ 85716
      View Details
    • Value Estimation by Request
      0.08 Acres

      Tucson, AZ 85716

      RETAIL STORES (PERSONAL SERVICES)
      Tucson, AZ 85716
      View Details
    • Value Estimation by Request
      0.08 Acres

      2301 Country Clb Rd

      RETAIL STORES (PERSONAL SERVICES)
      2301 Country Clb Rd, Tucson, AZ 85716-2827
      View Details
    • Value Estimation by Request
      0.11 Acres

      3040 Grant Rd

      RETAIL STORES (PERSONAL SERVICES)
      3040 Grant Rd, Tucson, AZ 85716
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,706 SF

      Freestanding Retail Building For Sale

      Freestanding retail building with monument signage and ample parking.
      3607-3625 E Grant Rd, Tucson, AZ 85716
      View Details
    • $565,000
      1,818 SF

      Winterhaven Historic Duplex on Fort Lowell

      Historic duplex with mixed-use flexibility in desirable Winterhaven district.
      2721 East Fort Lowell Rd, Tucson, AZ 85716
      View Details
    • $621,075
      3,549 SF

      Mixed-Use Property Near Loop Path

      Two buildings totaling 3,549 SF near The Loop path.
      3702 East Hardy Dr, Tucson, AZ 85716
      View Details
    • Contact for pricing
      3,860 SF

      Retail Property on Speedway Boulevard

      Retail property with high visibility on Speedway Boulevard in Tucson.
      3565 E Speedway Blvd, Tucson, AZ 85716
      View Details
    • Contact for pricing
      6,508 SF

      Fenced Site on Grant Road

      Paved site ideal for service-related business with high traffic.
      3256 E Grant Rd, Tucson, AZ 85716
      View Details
    • $3,389,000

      Speedway Shops: Fully Leased Retail

      100% leased retail center near University of Arizona.
      2545 E Speedway Blvd, Tucson, AZ 85716
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,307 SF

      Retail Space on Speedway Boulevard

      Retail space with great signage and visibility available for rent.
      3007-3025 E Speedway Blvd, Tucson, AZ 85716
      View Details
    • Contact for pricing
      1,320 SF

      Retail Space in Sam Hughes

      Retail space in affluent Sam Hughes neighborhood near University of Arizona.
      2512-2532 E 6Th St, Tucson, AZ 85716
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space on Grant Road

      Centrally located retail space with high visibility and access.
      2901-2957 E Grant Rd, Tucson, AZ 85716
      View Details
    • Contact for pricing
      1,920 SF

      Tucson Retail/Office Space Available

      Retail and office spaces available in central Tucson location.
      3524-3532 E Grant Rd, Tucson, AZ 85716
      View Details
    • Contact for pricing
      1,336 SF

      Historical Retail Space in Tucson

      Retail space in a historical, architecturally significant shopping center.
      3048-3052 E Broadway Blvd, Tucson, AZ 85716
      View Details
    • Contact for pricing
      2,087 SF

      Retail Space in Sam Hughes

      Retail space in affluent Sam Hughes neighborhood near University of Arizona.
      2527 E 6Th St, Tucson, AZ 85716
      View Details
    Request Owner's contact information
    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.
    2515 Fort Lowell Rd
    Tucson, AZ 85716
    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
    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

    Thank You for Inquiry
    2515 Fort Lowell Rd, Tucson, AZ, 85716
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!