Add Listing
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

    3932 Monte Vis Dr Tucson, AZ 85712-5561

    • Apartment buildings
    • 2,537 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-2308981
    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

    • Apartment buildings

    Property Details for 3932 Monte Vis Dr

    Year built
    1959
    Construction
    FRAME
    Lot size
    0.46 lot acres
    Property size
    2,537 SF
    Property type
    Apartment buildings
    APN
    110-06-097C
    APU
    11006097C

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.909
    Latitude
    32.2594
    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
    $0.00
    $90
    $90,157
    $90,247
    -
    $502
    $500,872
    $501,374

    Comparable in this City

    • Value Estimation by Request
      8,400 SF

      5519-5557 Helen St

      Multifamily properties • 8,400 SF
      5519-5557 Helen St, Tucson, AZ 85712
      View Details
    • Value Estimation
      $945,000
      4,329 SF

      1423 Venice Ave

      APARTMENT HOUSE (5+ UNITS) • 4,329 SF
      1423 Venice Ave, Tucson, AZ 85712-3981
      View Details
    • Value Estimation by Request
      2,944 SF

      1502 Bryant Ave

      APARTMENT HOUSE (5+ UNITS) • 2,944 SF
      1502 Bryant Ave, Tucson, AZ 85712-3841
      View Details
    • Value Estimation by Request
      2,479 SF

      4245 En St

      APARTMENT HOUSE (5+ UNITS) • 2,479 SF
      4245 En St, Tucson, AZ 85712-2531
      View Details
    • Value Estimation
      $5,315,000
      0.23 Acres

      Tucson, AZ 85712

      APARTMENT HOUSE (5+ UNITS) • 0.23 Acres
      Tucson, AZ 85712
      View Details
    • Value Estimation by Request
      1,971 SF

      2743 Calle De Romy

      APARTMENT HOUSE (5+ UNITS) • 1,971 SF
      2743 Calle De Romy, Tucson, AZ 85712-1807
      View Details

    Similar Nearby for Sale

    • $1,798,000
      3,612 SF

      Stabilized Tucson Multifamily Investment Property

      25-unit property with apartments and mobile home pads in Tucson.
      4141 E Lee St, Tucson, AZ 85712
      View Details
    • $1,800,000
      7,528 SF

      New Construction Tucson Multifamily Investment

      Eight-unit multifamily property near the University of Arizona.
      4061 E Monte Vista Dr, Tucson, AZ 85712
      View Details
    • New
      $479,000
      2,513 SF

      Multifamily Investment Opportunity in Tucson

      Three properties ideal for investment or multi-family living.
      4138 E Desert Pl, Tucson, AZ 85712
      View Details
    • $439,000
      1,882 SF

      New Construction Duplex Near U of A

      New construction duplex near the University of Arizona. Great investment opportunity.
      2975 N Walnut Ave, Tucson, AZ 85712
      View Details
    • New
      $399,900
      1,680 SF

      Tucson Multifamily Property with Upgrades

      Upgraded duplex in midtown Tucson, ideal for investors or owner-occupants.
      1143 N Santa Rosa Ave, Tucson, AZ 85712
      View Details
    • $415,000
      1,792 SF

      Tucson Multifamily with Mountain Views

      Rare corner lot with income potential and mountain views.
      1150 N Magnolia Ave, Tucson, AZ 85712
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Camp Lowell

      Retail space for lease at Camp Lowell and Swan.
      Lowell and Swan Camp Plc, Tucson, AZ 85712
      View Details
    • Contact for pricing
      2,730 SF

      Retail Space with Signage

      Retail space with prominent signage and ample parking available for lease.
      4951 E Grant Rd, Tucson, AZ 85712
      View Details
    • $24 SF/Yr
      10,972 SF

      Tucson Office Space for Lease

      Office space available in Paradise Falls Corporate Center.
      3945 East Paradise Falls Dr, Tucson, AZ 85712
      View Details
    • Contact for pricing
      4,501 SF

      Office Space with Building Signage

      Office space for rent with convenient location and ample parking.
      5230 E Farness Dr, Tucson, AZ 85712
      View Details
    • Contact for pricing
      4,598 SF

      Medical Office Near TMC

      Medical office space with convenient access to TMC.
      2350 N Kibler Pl, Tucson, AZ 85712
      View Details
    • Contact for pricing
      2,463 SF

      Retail/Office Space Available

      Retail/Office space with quality finishes and monument signage available.
      3175 N Swan Rd, Tucson, AZ 85712
      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.
    3932 Monte Vis Dr
    Tucson, AZ 85712-5561
    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.
    Sign Up Successful!
    You now have access to more from Realmo!