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Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Strip malls
1685 Valencia Rd Tucson, AZ 85746-6017
Individually Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-0241664
Property summary
AI-generated overview
This exceptional retail property, located at 1685 W Valencia Road in Tucson, Arizona, offers 2,520 square feet of vacant space, perfect for multiple tenants. The property is zoned C-1 by the City of Tucson and situated in Pima County, with a convenient zip code of 85746. The building allows for flexible leasing options, with a minimum divisible space of 1,240 square feet and a maximum contiguous space of 1,280 square feet. This presents an excellent opportunity for businesses seeking a prominent location in a thriving area. The entire 2,520 square feet is currently available for lease. The property's strategic location provides easy access for customers and employees alike. This versatile space is ideal for a variety of retail uses, offering significant potential for growth and success. Interested parties are encouraged to inquire about lease terms and conditions. The property is ready for immediate occupancy. This is a prime opportunity to establish or expand your business in a high-traffic area of Tucson. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1999
Construction
FRAME
Total area
6,270 SF
Lot
0.99 ac (43,003 SF)
APN
138-24-1660
UPID
US07-0241664
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.19M
Owner & transaction history
Owner Name Unavailable · 16 yrs held
Owner Name Unavailable
since 2009
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tucson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tucson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,540,000
6.5%
$1,420,000
7%
$1,320,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,815,000
Current use
AUTO REPAIR, GARAGE
$1,705,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$189 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,475
Tax year 2023
Assessed value
$169,290
Assessed 2024
Previous assessed
$146,718
+15.4% YoY
Effective rate
8.55%
On assessed value
Assessed land
$38,703
Assessed improvement
$130,587
Land market value
$215,015
Improvement market value
$725,485
Total market value
$940,500
Applied tax rate
115.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1999
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
6,270 SF
Lot
0.99 ac (43,003 SF)
APN
138-24-1660
UPID
US07-0241664
Jurisdiction
PIMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Free & Clear · 16 yrs held
Mailing address
11077 E PANTANO TRL, TUCSON, AZ 85730-5536
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Aug 3, 2009
—
Trust 18301-t
Trust 7923-t
Quit Claim Deed
related
—
Jul 31, 2009
—
Trust 18301-t
Trust 7923-t
Quit Claim Deed
related
—
Apr 30, 2002
—
Olsen Avenue Associates LLC
Wilcox Center LLC
Grant Deed
related
$730,000 · Commercial Federal Bank
Jun 22, 1998
$360,000
Wilcox Center L L C
Garden Park Prop INC Ppsp Trus
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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