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    Property profile & analytics

    1135 Circulo Mercado Rio Rico, AZ 85648-6256

    • Office buildings
    • 1,288 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 02, 2024
    Location Intelligence
    Property ID
    US07-0019791
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 1135 Circulo Mercado

    Year built
    2005
    Construction
    STEEL FRAME
    Lot size
    0.21 lot acres
    Property size
    1,288 SF
    Property type
    Office buildings
    APN
    114-50-074
    APU
    11450074

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rio Rico
    County
    Santa Cruz
    State
    Arizona
    Longitude
    -111
    Latitude
    31.4724
    CBSA code
    35700
    CBSA name
    NOGALES, AZ MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $4,856
    $49,041
    $53,897
    -
    $26,979
    $272,451
    $299,430

    Comparable in this City

    • Value Estimation
      $400,000
      9,673 SF

      14 Esplendor Dr

      OFFICE BUILDING • 9,673 SF
      14 Esplendor Dr, Rio Rico, AZ 85648-6292
      View Details
    • Value Estimation by Request
      2,533 SF

      1145 Frontage Rd

      OFFICE BUILDING • 2,533 SF
      1145 Frontage Rd, Rio Rico, AZ 85648-6295
      View Details
    • Value Estimation by Request
      4,132 SF

      1197 Frontage Rd

      OFFICE BUILDING • 4,132 SF
      1197 Frontage Rd, Nogales, AZ 85648-6268
      View Details
    • Value Estimation by Request
      3,046 SF

      1225 Frontage Rd

      OFFICE BUILDING • 3,046 SF
      1225 Frontage Rd, Rio Rico, AZ 85648-6209
      View Details
    • Value Estimation by Request
      9,223 SF

      1283rd W Frontage Rd, Unit B

      OFFICE BUILDING • 9,223 SF
      1283rd W Frontage Rd, Rio Rico, AZ 85648-6210
      View Details
    • Value Estimation
      $235,000
      1,620 SF

      1195 Frontage Rd

      OFFICE BUILDING • 1,620 SF
      1195 Frontage Rd, Rio Rico, AZ 85648-6245
      View Details

    Similar Nearby for Sale

    • $325,000
      2,479 SF

      Rio Rico Commercial Building

      2,479 SF commercial building in Rio Rico, Arizona.
      1157 Circulo Mercado, Rio Rico, AZ 85648
      View Details
    • Contact for pricing
      1.52 Acres

      Rio Rico Land: 1.52 Acres

      Stunning mountain views, buildable lot.
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      View Details
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      0.51 Acres

      Rio Rico Residential Land - $7,500

      0.51-acre lot; stunning views; build your dream home.
      1121 Hebilla Ct, Rio Rico, AZ 85648
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    • $100,000
      36.82 Acres

      36-Acre Lot with Mountain Views

      Private 36-acre lot in Rio Rico with mountain views.
      Tbd Sonoita Crk, Rio Rico, AZ 85648
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    • Contact for pricing
      0.57 Acres

      Rio Rico Land with Views

      0.57 acre lot with utilities in Rio Rico, Arizona.
      1908 Circulo Greco Rd, Rio Rico, AZ 85648
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    • Contact for pricing
      0.51 Acres

      Rio Rico Residential View Lot

      Residential lot with mountain and valley views in Rio Rico.
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      View Details
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    1135 Circulo Mercado
    Rio Rico, AZ 85648-6256
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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
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