Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    37755 Wedgeford Pl Tucson, AZ

    • Retail properties
    • 1,020 SF
    • 3.07 lot acres
    OFF-MARKET
    Value Estimations
    $315,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-2096059
    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

    • Retail properties

    Property Details for 37755 Wedgeford Pl

    Year built
    2005
    Construction
    WOOD
    Lot size
    3.07 lot acres
    Property size
    1,020 SF
    Property type
    Retail properties
    APN
    302-24-073L
    APU
    30224073L

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $315,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -111.312
    Latitude
    31.5638
    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
    $1,294
    $3,316
    $6,085
    $9,401
    -
    $18,420
    $33,804
    $52,224

    Comparable in this City

    • Value Estimation
      $600,000
      31,369 SF

      5657 Duval Mine Rd

      NURSERY, GREENHOUSE, FLORIST • 31,369 SF
      5657 Duval Mine Rd, Tucson, AZ
      View Details
    • Value Estimation
      $720,000
      19,337 SF

      13150 Classic Overlook Rd

      NURSERY, GREENHOUSE, FLORIST • 19,337 SF
      13150 Classic Overlook Rd, Tucson, AZ
      View Details
    • Value Estimation by Request
      12,420 SF

      111-11 Highway

      SHOPPING CENTER, STRIP CENTER • 12,420 SF
      111-11 Highway, 260, AZ
      View Details
    • Value Estimation by Request
      3,719 SF

      674 Hwy 92

      GAS STATION • 3,719 SF
      674 Hwy 92, All Tune Lube, AZ
      View Details
    • Value Estimation by Request
      35,057 SF

      5533 State Route

      SHOPPING CENTER, STRIP CENTER • 35,057 SF
      5533 State Route, Route, AZ
      View Details
    • Value Estimation by Request
      0.65 Acres

      Part Of Car Lot

      VEHICLE SALES, RENTALS • 0.65 Acres
      Part Of Car Lot, Lot, AZ
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,629 SF

      Retail Property in Growing Community

      Retail property in a rapidly growing San Tan Valley community.
      3431 W Dreamy Draw Dr, Queen Creek, AZ
      View Details
    • Contact for pricing
      8,523 SF

      Retail Property in Growing Community

      Retail property in a rapidly growing San Tan Valley community.
      3649 W Dreamy Draw Dr, Queen Creek, AZ
      View Details
    • Contact for pricing
      2,800 SF

      Retail Property in Growing Community

      Retail property in a rapidly developing San Tan Valley community.
      3595 W Dreamy Draw Dr, Queen Creek, AZ
      View Details
    • Contact for pricing
      12,000 SF

      Retail Space Near Fry's Grocer

      Retail property adjacent to high-traffic Fry's Food & Drug.
      Idaho Rd & Apache Trl, Apache Junction, AZ
      View Details
    • Contact for pricing
      3,400 SF

      Turnkey Restaurant Space on I-40

      3,400 SF restaurant with equipment, I-40 frontage, Chambers, AZ.
      33360 I-40, Chambers, AZ
      View Details
    • Contact for pricing

      Historic Ghost Town and Mining Camp

      Fully intact ghost town and mining camp for sale.
      Robson Rnch Rd, Aguila, AZ
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,000 SF

      Retail Space in Growing Community

      Retail space available in rapidly growing San Tan Valley, Arizona.
      34938 N Augite Way, Queen Creek, AZ
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space in Growing Community

      Retail space available in fast-growing San Tan Valley, Arizona.
      4106 Eli Dr, San Tan Valley, AZ
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in Growing Community

      Retail space available in rapidly growing San Tan Valley, Arizona.
      34521 Fortini Way, San Tan Valley, AZ
      View Details
    • Contact for pricing
      4,600 SF

      Retail Space in Growing Buckeye

      Retail property in Buckeye, near I-10, high-growth area.
      Yuma & Watson Rd, Buckeye, AZ
      View Details
    • Contact for pricing
      4,335 SF

      Retail Space in Growing Community

      Retail space available in fast-growing San Tan Valley, Arizona.
      3507 W Dreamy Draw Dr, Queen Creek, AZ
      View Details
    • Contact for pricing
      2,435 SF

      Retail Space in Growing Goodyear

      Retail space in a rapidly growing area of Goodyear, Arizona.
      625 Nec Yuma Rd & Cotton Ln, Goodyear, AZ
      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.
    37755 Wedgeford Pl
    Tucson, AZ
    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.