Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1802 Prince Rd Tucson, AZ 85719-1965

    • Medical offices
    • 3,955 SF
    • 0.44 lot acres
    OFF-MARKET
    Last Sale
    Apr 26, 2022
    $805,100
    Value Estimations
    $860,000
    Show details
    Cap Rate Potential
    6.2%
    Medical offices
    Location Intelligence
    Property ID
    US07-1052789
    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

    • Winterhaven Dental / Dental Clinic / Dentist
    • Pima Family Dentistry / Dentist / Dental Clinic
    • Dr. Richard C. Hibner, DDS / Dentist / Cosmetic Dentist
    • Dr. Thomas Bell / Dentist / Practitioner Service Location
    • Thomas Edwared Bell / Dentist

    Property Details for 1802 Prince Rd

    Year built
    1976
    Construction
    FRAME
    Lot size
    0.44 lot acres
    Property size
    3,955 SF
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    113-05-066D
    APU
    11305066D

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $845,000
      ML approach
      $845,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $880,000
      6.5%
      $810,000
      7%
      $755,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $999,000
      Market price range: $584k - $1.52M
      AI Estimate
      $630,000
      Market price range: $361k - $723k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $885,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,145,000
      Change: +30% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,085,000
      Change: +23% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,075,000
      Change: +22% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.945
    Latitude
    32.2718
    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
    $9,809
    $27,540
    $93,341
    $120,881
    -
    $153,000
    $518,559
    $671,559

    Comparable in this City

    • Value Estimation
      $390,000
      2,227 SF

      4220 Campbell Ave

      DENTAL BUILDING • 2,227 SF
      4220 Campbell Ave, Tucson, AZ 85719
      View Details
    • Value Estimation
      $645,000
      3,195 SF

      3940 Campbell Ave

      DENTAL BUILDING • 3,195 SF
      3940 Campbell Ave, Tucson, AZ 85719-1428
      View Details
    • Value Estimation
      $350,000
      1,613 SF

      3984 Campbell Ave

      DENTAL BUILDING • 1,613 SF
      3984 Campbell Ave, Tucson, AZ 85719-1461
      View Details
    • Value Estimation
      $315,000
      1,507 SF

      3976 Campbell Ave

      DENTAL BUILDING • 1,507 SF
      3976 Campbell Ave, Tucson, AZ 85719-1460
      View Details
    • Value Estimation
      $525,000
      10,786 SF

      4291 Campbell Ave

      DENTAL BUILDING • 10,786 SF
      4291 Campbell Ave, Tucson, AZ 85719-1117
      View Details
    • Value Estimation
      $395,000
      3,703 SF

      3775 1st Ave

      DENTAL BUILDING • 3,703 SF
      3775 1st Ave, Tucson, AZ 85719-1609
      View Details

    Similar Nearby for Sale

    • $2,170,000
      12,406 SF

      Herder Building: Midtown Office Gem

      Tucson Office Building - $2.17M
      2033 Speedway Blvd, Tucson, AZ 85719
      View Details
    • $275,000
      Pending

      Tucson Commercial Office Opportunity

      Prime midtown Tucson office space ideal for healthcare professionals.
      1700 E Fort Lowell Rd, Tucson, AZ 85719
      View Details
    • $1,345,000
      11,556 SF

      Broadway Retail and Office Building

      Central Tucson retail and office building with high visibility.
      2416-2424 E Broadway Blvd, Tucson, AZ 85719
      View Details
    • $1,812,000
      8,054 SF

      Class A Professional Office Building

      Professional office building with high-end amenities and secured parking.
      1980 E Fort Lowell Rd, Tucson, AZ 85719
      View Details
    • $3,000,000
      19,495 SF

      Tucson Office Campus: Prime Location

      19,495 SF Office Space - Vacant
      1650 Fort Lowell Rd, Tucson, AZ 85719
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      10,241 SF

      Tucson Executive Office Space

      Prime Tucson office/medical suites available.
      1430 Fort Lowell Rd, Tucson, AZ 85719
      View Details
    • $22 SF/Yr
      19,372 SF

      700 E Broadway Blvd Office Space

      Historic Tucson Office, 3,800-9,952 SF Available
      700 Broadway Blvd, Tucson, AZ 85719
      View Details
    • $23 SF/Yr
      20,118 SF

      Tucson Office Park Investment

      Prime Tucson office space, multiple suites available.
      3365-3395 Campbell Ave, Tucson, AZ 85719
      View Details
    • $20 SF/Yr
      12,406 SF

      Tucson Office Building - Speedway Blvd

      Midtown Tucson Office Space: 3 Suites Available
      2033 Speedway Blvd, Tucson, AZ 85719
      View Details
    • $17 SF/Yr
      7,043 SF

      Speedway Blvd Office Space for Lease

      Tucson Medical & Office Suites Available
      2302 Speedway Blvd, Tucson, AZ 85719
      View Details
    • $975,000
      3,453 SF

      Freestanding Building Near University of Arizona

      Located in a busy area, ideal for retail or office.
      2020 E Speedway Blvd, Tucson, AZ 85719
      View Details

    Property Visit Statistics

    • Visits by month
      42.0k
    • Visitors by month
      24.9k
    • Avg Time on site
      6 min
    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.
    1802 Prince Rd
    Tucson, AZ 85719-1965
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.