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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3955 Broadway Blvd Tucson, AZ 85711

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-1142185
    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

    • Commercial real estate

    Property Details for 3955 Broadway Blvd

    Property type
    Commercial real estate
    APN
    126-07-0780, 126-07-0790

    Description

    This exceptional 21,873 square foot commercial land parcel presents a unique investment opportunity in the heart of Tucson, Arizona. Located at 3955 E Broadway Blvd, this property boasts 120 feet of high-visibility frontage on Broadway Boulevard, a major thoroughfare. The site includes two parcels: a C-1 zoned parcel facing Broadway and an adjacent R-1 zoned parcel, offering flexibility for various development scenarios. A pre-approved development plan is in place for an 800 square foot building featuring a drive-thru lane with capacity for eight vehicles. This prime location sits between two significant employment centers and is conveniently close to El Con Center, a prominent regional shopping destination. The property's APN numbers are 126-07-0780 and 126-07-0790, and it is offered as a fee simple ownership. This rare opportunity to acquire land on Broadway Boulevard in Tucson presents significant potential for commercial development and strong return on investment. The zoning allows for both commercial and residential uses, providing considerable versatility for future development. This is a truly exceptional opportunity to capitalize on a high-traffic location in a thriving area of Tucson.

    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
    -110.90735147947
    Latitude
    32.221668542778

    Comparable in this City

    • $5,850,000

      Prime Tucson Retail/Office Corridor Site

      High-visibility land in a sought-after retail and office area.
      5028 E Broadway Blvd, Tucson, AZ 85711
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    • $950,000

      Tucson Commercial Land - Prime Location

      30,000 sq ft C-2 Zoned Land - Investment Opportunity
      5441 22Nd St, Tucson, AZ 85711
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    • $95,000
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      Tucson Commercial Land For Sale

      Commercial land for ground lease east of QuikTrip.
      Golf Links Rd, Tucson, AZ 85711
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    • $5,850,000
      6.10 Acres

      Prime Tucson Development Site

      6.1 Acres, C-1 Zoning, High Visibility
      5028 Broadway Blvd, Tucson, AZ 85711
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    • $595,000
      0.47 Acres

      Tucson Vacant Land Redevelopment Opportunity

      Vacant land in Tucson, Arizona, suitable for redevelopment.
      5350 E 30 Ave, Tucson, AZ 85711
      View Details
    • Contact for pricing

      Retail Pad Site Available

      Retail pad site at corner of Park Place Drive.
      320 S Wilmot Rd, Tucson, AZ 85711
      View Details

    Similar Nearby for Sale

    • $950,000

      Tucson Commercial Land - Prime Location

      30,000 sq ft C-2 Zoned Land - Investment Opportunity
      5441 22Nd St, Tucson, AZ 85711
      View Details
    • $95,000
      Pending

      Tucson Commercial Land For Sale

      Commercial land for ground lease east of QuikTrip.
      Golf Links Rd, Tucson, AZ 85711
      View Details
    • $5,850,000

      Prime Tucson Retail/Office Corridor Site

      High-visibility land in a sought-after retail and office area.
      5028 E Broadway Blvd, Tucson, AZ 85711
      View Details
    • $5,850,000
      6.10 Acres

      Prime Tucson Development Site

      6.1 Acres, C-1 Zoning, High Visibility
      5028 Broadway Blvd, Tucson, AZ 85711
      View Details
    • Contact for pricing

      Retail Pad Site Available

      Retail pad site at corner of Park Place Drive.
      320 S Wilmot Rd, Tucson, AZ 85711
      View Details
    • $595,000
      0.47 Acres

      Tucson Vacant Land Redevelopment Opportunity

      Vacant land in Tucson, Arizona, suitable for redevelopment.
      5350 E 30 Ave, Tucson, AZ 85711
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      13,250 SF

      Tucson Retail Center - Broadway & Craycroft

      Prime Tucson retail space, two suites available.
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    • Contact for pricing
      39,997 SF

      Prime Commercial Land Near Broadway

      Tucson Land - 39,997 sq ft, High Visibility
      75 Wilmot Rd, Tucson, AZ 85711
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    • Contact for pricing
      66,227 SF

      Prime Tucson Land for Lease

      66,227 SF Tucson land for lease with high traffic.
      75 North Wilmot Rd, Tucson, AZ 85711
      View Details
    • Contact for pricing

      Commercial Drive-Thru Pad for Rent

      Commercially zoned drive-thru pad in east Tucson trade area.
      1160 N Wilmot Rd, Tucson, AZ 85711
      View Details
    • $16 SF/Yr
      99,924 SF

      Plaza at Williams Centre: Retail Gem

      Tucson's premier retail center; spaces available.
      5340-5480 Broadway Blvd, Tucson, AZ 85711
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    • $1.22 SF/Yr
      1,180 SF

      Renovated Office/Warehouse Near I-10

      Newly renovated flex space near Interstate 10.
      3941 E 29Th St, Tucson, AZ 85711
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    3955 Broadway Blvd
    Tucson, AZ 85711
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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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