Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12132 N Rancho Vistoso Blvd Oro Valley, AZ 85755
    Back to Search
    Property profile & analytics

    12132 N Rancho Vistoso Blvd, Oro Valley, AZ 85755

    View on Map
    • Banks
    • 4,473 SF
    • 0.57 lot acres
    For Lease
    View Listing →
    Former Bank with Drive-Thru For Lease
    Contact for pricing
    4,533 SF

    Former Bank with Drive-Thru

    Freestanding retail property with drive-thru and ample parking.

    12132 N Rancho Vistoso Blvd, Oro Valley, AZ
    View Listing
    Property ID
    US07-0054164
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Banks

    Property Details for 12132 N Rancho Vistoso Blvd

    Year built
    2004
    Construction
    FRAME
    Lot size
    0.57 lot acres
    Property type
    Banks
    APN
    223-02-0340
    APU
    223020340

    Description

    This exceptional 4,533-square-foot former bank branch, located at 12132 N Rancho Vistoso Blvd in Oro Valley, Arizona (zip code 85755), presents a unique opportunity for reuse, repositioning, or redevelopment. Situated on a 0.86-acre lot (APN: 223-02-038C

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oro Valley
    County
    Pima
    State
    Arizona
    Longitude
    -110.961
    Latitude
    32.4261
    CBSA code
    46060
    CBSA name
    TUCSON, AZ METROPOLITAN 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
    2023
    $23,113
    $90,157
    $115,964
    $206,121
    -
    $500,874
    $644,247
    $1,145,121

    Comparable in this City

    • Value Estimation
      $530,000
      6,788 SF

      550 Tangerine Rd

      FINANCIAL BUILDING
      550 Tangerine Rd, Oro Valley, AZ 85755-9421
      View Details
    • Value Estimation
      $7,190,000
      54,912 SF

      12102 Rancho Vistoso Blvd

      GROCERY, SUPERMARKET
      12102 Rancho Vistoso Blvd, Tucson, AZ 85755
      View Details
    • Value Estimation
      $670,000
      5,700 SF

      12162 Rancho Vistoso Blvd

      SHOPPING CENTER, STRIP CENTER
      12162 Rancho Vistoso Blvd, Oro Valley, AZ 85755-1897
      View Details
    • Value Estimation by Request
      276 SF

      655 Vistoso Highlands Dr, Unit 59

      RESIDENTIAL PARKING GARAGE
      655 Vistoso Highlands Dr, Oro Valley, AZ 85755-5892
      View Details
    • Value Estimation by Request
      276 SF

      Tucson, AZ 85755

      RESIDENTIAL PARKING GARAGE
      Tucson, AZ 85755
      View Details
    • Value Estimation by Request
      276 SF

      Tucson, AZ 85755

      RESIDENTIAL PARKING GARAGE
      Tucson, AZ 85755
      View Details

    Similar Nearby for Sale

    • $325,000

      Land in Tortolita Estates

      Land available in Tortolita Estates, Tucson.
      14124 N Tortolita Estates Dr, Tucson, AZ 85755
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale at Tangerine Rd. and La Cholla Blvd.
      Nec Of Tangerine Rd. And Ln Cholla Blvd, Oro Valley, AZ 85755
      View Details
    • Contact for pricing

      Rancho Vistoso Land Opportunity

      8.05 acres of commercial land in Oro Valley, Arizona.
      12176-12256 N Rancho Vistoso Blvd, Oro Valley, AZ 85755
      View Details
    • Contact for pricing
      5,334 SF

      Office Building with Mountain Views

      Office building site with utilities and mountain views.
      Vistoso Commerce Loop Rd, Oro Valley, AZ 85755
      View Details
    • Contact for pricing
      12,180 SF

      Land with Mountain Views

      Commercial land with utilities and mountain views along Oracle Road.
      Vistoso Commerce Loop Rd & Oracle Rd, Oro Valley, AZ 85755
      View Details
    • $274,000
      10.00 Acres

      Two 5-Acre Lots in Tucson

      Two 5-acre lots with mountain views, development potential.
      12901 N Como Dr, Tucson, AZ 85755
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,533 SF

      Former Bank with Drive-Thru

      Freestanding retail property with drive-thru and ample parking.
      12132 N Rancho Vistoso Blvd, Oro Valley, AZ 85755
      View Details
    • Contact for pricing
      3,000 SF

      Oro Valley Retail Space Available

      Retail space for lease in Oro Valley, Arizona.
      1760 E Tangerine Rd, Oro Valley, AZ 85755
      View Details
    • Contact for pricing
      65,000 SF

      Buildable Retail Space Available

      High-traffic location with up to 65,000 SF buildable.
      1920 E Tangerine Rd, Oro Valley, AZ 85755
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease in Oro Valley, Arizona.
      1171 E Rancho Vistoso Blvd, Oro Valley, AZ 85755
      View Details
    • Contact for pricing

      Retail Space in Innovation Park

      Retail space available for lease in Innovation Park.
      Innovation Park Dr, Oro Valley, AZ 85755
      View Details
    • $17 SF/Yr
      1,200 SF

      Oro Valley Office/Retail Space

      Office and retail spaces in established Oro Valley center.
      1171 East Rancho Vistoso Blvd, Oro Valley, AZ 85755
      View Details
    View Listing
    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.
    12132 N Rancho Vistoso Blvd
    Oro Valley, AZ 85755
    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
    12132 N Rancho Vistoso Blvd, Oro Valley, AZ, 85755
    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!