Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1949 Eastland St Tucson, AZ 85719-6933
    Back to Search
    Property profile & analytics

    1949 Eastland St Tucson, AZ 85719-6933

    View on Map
    • Specialty properties
    • 2,337 SF
    • 0.23 lot acres
    Off-Market
    Property ID
    US07-1301789
    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

    • Operating Engineers / Advocacy Group

    Property Details for 1949 Eastland St

    Year built
    1968
    Construction
    FRAME
    Lot size
    0.23 lot acres
    Property size
    2,337 SF
    Property type
    Specialty properties
    APN
    129-05-3720
    APU
    129053720

    Description

    This exceptional 2,337-square-foot flex space, located at 1949 E Eastland St in Tucson, Arizona, presents a compelling owner-user opportunity. Priced at $300,000, this property offers significant value for its size and location. Situated on a 0.37-acre lot, the building boasts I-1 (Light Industrial) zoning, providing flexibility for a variety of uses. Constructed in 1968, the property is classified as Class C industrial. The spacious layout is ideal for businesses requiring a blend of office and warehouse space, making it perfect for a range of industrial and light manufacturing operations. The property's address is 1949 E Eastland St, Tucson, AZ 85719. Its convenient location within Tucson offers easy access to major transportation routes, enhancing logistical efficiency for any business. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving market. The asking price represents a strong investment potential for an owner-occupier seeking a strategic location and adaptable space. Don't miss this chance to secure your business's future in this desirable Tucson location.

    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
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.942
    Latitude
    32.2117
    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
    $3,084
    $4,470
    $24,816
    $29,286
    -
    $29,802
    $165,441
    $195,243

    Comparable in this City

    • Value Estimation by Request
      4,825 SF

      Tucson, AZ 85719

      PROFESSIONAL CLUBS/ASSOCIATIONS • 4,825 SF
      Tucson, AZ 85719
      View Details
    • Value Estimation by Request
      0.13 Acres

      731 1st Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 0.13 Acres
      731 1st Ave, Tucson, AZ 85719
      View Details
    • Value Estimation by Request
      2,921 SF

      Tucson, AZ 85719

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,921 SF
      Tucson, AZ 85719
      View Details
    • Value Estimation
      $1,600,000
      912 SF

      2440 Hedrick Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 912 SF
      2440 Hedrick Dr, Tucson, AZ 85719-2428
      View Details
    • Value Estimation by Request
      1,785 SF

      2300 Broadway Blvd

      VETERINARY, ANIMAL HOSPITAL • 1,785 SF
      2300 Broadway Blvd, Tucson, AZ 85719-6017
      View Details
    • Value Estimation by Request
      1,586 SF

      1111 Limberlost Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,586 SF
      1111 Limberlost Dr, Tucson, AZ 85719-1045
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,094 SF

      Repurposed Warehouse in Downtown Tucson

      Mixed-use property with multiple income streams in booming downtown.
      610 S Park Ave, Tucson, AZ 85719
      View Details
    • Contact for pricing
      5,000 SF

      Student Housing Near University

      17-bed student housing property with long-term lease in place.
      1412 N 1St Ave, Tucson, AZ 85719
      View Details
    • $3,297,425

      Land For Sale

      Land available for sale.
      4121 N 1St Ave, Tucson, AZ 85719
      View Details
    • $315,000
      1,250 SF

      Centrally Located Tucson Duplex

      Remodeled duplex with income potential near Reid Park.
      2112 E 18Th St, Tucson, AZ 85719
      View Details
    • New
      $689,000
      2,967 SF

      Two-Home Property Near University of Arizona

      Two homes with flexible living options near the University of Arizona.
      1125 E Kleindale 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

    Similar Nearby for Lease

    • $14 SF/Yr
      5,662 SF

      Campbell Avenue Retail Space Available

      Retail space on Campbell Avenue with high traffic and visibility.
      2738 North Campbell Ave, Tucson, AZ 85719
      View Details
    • Contact for pricing

      Campbell Corridor Office Building

      22,196 SF office building in central Tucson location.
      2601 N Campbell Ave, Tucson, AZ 85719
      View Details
    • Contact for pricing
      4,540 SF

      Retail Space on Campbell Avenue

      Retail space with high visibility and traffic.
      3525 N Campbell Ave, Tucson, AZ 85719
      View Details
    • Contact for pricing
      42,978 SF

      Campbell Avenue Frontage Land

      Prime land available for rent on Campbell Avenue.
      2901 N Campbell Ave, Tucson, AZ 85719
      View Details
    • $23 SF/Yr

      Office Space Available For Rent

      Office spaces available, ranging from 1,417 to 4,983 square feet.
      3365-3395 N Campbell Ave, Tucson, AZ 85719
      View Details
    • Contact for pricing
      1,358 SF

      Retail Space on 1st Avenue

      Retail space with high traffic and ample parking available.
      4206 N 1St Ave, Tucson, AZ 85719
      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.
    1949 Eastland St
    Tucson, AZ 85719-6933
    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
    1949 Eastland St, Tucson, AZ, 85719
    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!