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    Property profile & analytics

    32 Campbell Ave Tucson, AZ 85719-5960

    • Drive through restaurants
    • 1,360 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimations
    $270,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-1283156
    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

    • El Beto Mexican Food / Mexican Restaurant
    • Losbetos / Restaurant

    Property Details for 32 Campbell Ave

    Year built
    1986
    Construction
    CONCRETE
    Lot size
    0.18 lot acres
    Property size
    1,360 SF
    Property type
    Drive through restaurants
    APN
    129-04-120A
    APU
    12904120A

    Description

    This exceptional retail opportunity presents a prime location for a quick-service restaurant (QSR) with a drive-thru, situated at 32 N Campbell Ave, Tucson, AZ 85719. The property boasts a 0.59-acre lot (25,600 sq ft) and is zoned C-1, allowing for various QSR uses. The building offers flexible space ranging from 1,360 to 2,000 square feet, making it suitable for a variety of concepts. The site benefits from its high visibility and accessibility at the intersection of Broadway Blvd and Campbell Ave, a major thoroughfare with significant daily traffic volume. Road widening projects near the University and Central Business District (CBD) have recently been completed, further enhancing the property's accessibility and visibility. The property is available for lease, redevelopment lease, ground lease, or build-to-suit options, providing flexibility for potential tenants. The property's APN is 129-04-120A, 120B, 122B. Availability is projected for May 2025. Contact for pricing and further details.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $263,000
      Market price range: $248k - $1.06M

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.943
    Latitude
    32.2221
    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
    $3,118
    $18,655
    $6,353
    $25,008
    -
    $103,640
    $35,292
    $138,932

    Comparable in this City

    • Value Estimation
      $415,000
      2,261 SF

      1903 Speedway Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,261 SF
      1903 Speedway Blvd, Tucson, AZ 85719-4630
      View Details
    • Value Estimation
      $235,000
      1,020 SF

      1122 6th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,020 SF
      1122 6th St, Tucson, AZ 85719-5213
      View Details
    • Value Estimation
      $255,000
      1,366 SF

      2222 Broadway Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,366 SF
      2222 Broadway Blvd, Tucson, AZ 85719-6014
      View Details
    • Value Estimation
      $390,000
      2,600 SF

      1880 Broadway Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,600 SF
      1880 Broadway Blvd, Tucson, AZ 85719-5933
      View Details
    • Value Estimation
      $390,000
      3,423 SF

      2643 Campbell Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,423 SF
      2643 Campbell Ave, Tucson, AZ 85719-3105
      View Details
    • Value Estimation
      $570,000
      4,225 SF

      1711 Speedway Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,225 SF
      1711 Speedway Blvd, Tucson, AZ 85719-4514
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $16 SF/Yr
      1,114 SF

      Campbell Ave. Retail Center

      1,114 SF Retail Space Available
      2737 Campbell Ave, Tucson, AZ 85719
      View Details
    • Contact for pricing
      967 SF

      Retail Space on 1st Avenue

      Retail space with high traffic and ample parking available.
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      View Details
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      4,786 SF

      Prime Retail/Office Near University Campus

      Retail or office space adjacent to University of Arizona.
      811 N Euclid Ave, Tucson, AZ 85719
      View Details
    • Contact for pricing
      835 SF

      Retail Space on Campbell Avenue

      Retail space in central Tucson, near University of Arizona.
      2501-2517 N Campbell Ave, Tucson, AZ 85719
      View Details
    • $16 SF/Yr
      1,738 SF

      High-Traffic Retail Space Available

      Retail space in high-traffic midtown location near University.
      2737-2745 N Campbell Ave, Tucson, AZ 85719
      View Details
    • Contact for pricing
      5,386 SF

      Retail Space Near University

      Retail space with high visibility near the University of Arizona.
      2502-2532 N Campbell Ave, Tucson, AZ 85719
      View Details
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    32 Campbell Ave
    Tucson, AZ 85719-5960
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    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
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