3565 Speedway Blvd Tucson, AZ 85716-3939
Entity Owned
~
Est. High Equity
Estimated value (blended)
$410k
Range $369k – $451k (±10%)
Implied cap rate
9.40%
In-place · NOI ÷ last sale
Property ID
US07-1277427
Property summary
AI-generated overview
This 3,860-square-foot storefront, located at 3565 E Speedway Blvd in Tucson, Arizona (zip code 85716), presents a compelling investment or owner-user opportunity. Currently occupied by Nur Market, an established ethnic market operating for 16 years, the property boasts excellent visibility and frontage on Speedway Boulevard, a major thoroughfare with a high daily traffic volume of 46,014 vehicles. The property sits on a 10,454-square-foot lot and is zoned C-2 by the City of Tucson. Built in 1965, this single-tenancy retail space offers a prime midtown location, conveniently situated near the University of Arizona and downtown Tucson. The property benefits from a signalized intersection and shared ingress/egress. While the current lease with Nur Market expires on December 31, 2025, the tenant has indicated a willingness to extend. The asking price is $825,000, translating to $213.73 per square foot. This presents a rare opportunity to acquire a well-located, established retail property in a thriving Tucson neighborhood.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
FRAME
Total area
4,050 SF
Lot
0.37 ac (16,200 SF)
APN
122-18-431A
UPID
US07-1277427
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Computer & Electronic Repair
-
Restaurant
-
Custom T-Shirt Store Embroidery Service
-
(Bike/Boat/Book/etc) Store Home Decor Store
-
Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
$590k
Comparable Approach
Comparable
$716k
Blend (final)
Blend
$410k
Owner & transaction history
since 2026
4 recorded transactions
Zoning & alternative use
Top alternative use upside
Auto repair, garage
$1.1M
+43.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$410k
Value range
$369k – $451k
±10% around blend
Estimated value / SF
$101 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
50
$369k
blend $410k
$451k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,050 SF
Lot area
0.37 ac
Year built
2004
Stories
1
APN
122-18-431A
Assessed value
$102,053
Annual tax
$10,474
3
Income approach: direct capitalization
Partial preview
Income approach indication
$590k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$640k
@ 6.5% CAP return
$590k
@ 7% CAP return
$550k
4
Sales comparison
Partial preview
Sales approach indication
$2.27M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.5 mi away · 4,459 SF
4.4 mi away · 4,636 SF
5.2 mi away · 3,986 SF
5.2 mi away · 3,668 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$410k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 28 sales
$190
-47%
Submarket 273 sales
$161
-37%
County 290 sales
$161
-37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $101/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+44%
vs current-use indication
Retail Stores · current use
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
9.40%
Implied, in-place cap rate for this retail space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.40%
9.0%
NOI (est.)
$7k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$76k
Move the market yield to see immediate price impact.
Value / SF
$19
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.90%9.40%9.90%
$6k
$72k
$68k
$65k
$7k
$80k
$76k
$72k
$8k
$88k
$84k
$79k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$583k
2.7 mi · Sep 2025 · $114/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,474
Tax year 2023
Assessed value
$102,053
Assessed 2024
Previous assessed
$102,053
+0.0% YoY
Effective rate
10.26%
On assessed value
Assessed land
$14,580
Assessed improvement
$87,473
Land market value
$81,000
Improvement market value
$485,960
Total market value
$566,960
Applied tax rate
150.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
4,050 SF
Lot
0.37 ac (16,200 SF)
APN
122-18-431A
UPID
US07-1277427
Jurisdiction
PIMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.37 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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