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    Property profile & analytics

    4230 Oracle Rd Tucson, AZ 85705-1767

    • Community centers
    • 11,988 SF
    • 1.72 lot acres
    OFF-MARKET
    Last Sale
    Aug 30, 2021
    $3,368,000
    Value Estimations
    $2,525,000
    Show details
    Cap Rate Potential
    7.1%
    Community centers
    Location Intelligence
    Property ID
    US07-0190836
    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

    • ATL WINGS / Restaurant
    • Sport Clips Haircuts of Tucson - Wetmore Center / Barber Shop

    Property Details for 4230 Oracle Rd

    Year built
    2007
    Construction
    FRAME
    Lot size
    1.72 lot acres
    Property size
    11,988 SF
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    105-11-0630
    APU
    105110630

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,965,000
      ML approach
      $2,305,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,315,000
      6.5%
      $2,140,000
      7%
      $1,985,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,074,000
      Market price range: $1.60M - $3.07M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,200,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $3,075,000
      Change: +40% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,935,000
      Change: +33% Conversion: Easy
      MEDICAL BUILDING
      $2,675,000
      Change: +22% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,305,000
      Change: +5% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.977
    Latitude
    32.2834
    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
    $37,137
    $160,598
    $187,431
    $348,029
    -
    $892,212
    $1,041,281
    $1,933,493

    Comparable in this City

    • Value Estimation by Request
      5,130 SF

      235 Wetmore Rd

      MINI-MALL • 5,130 SF
      235 Wetmore Rd, Tucson, AZ 85705-5149
      View Details
    • Value Estimation by Request
      9,600 SF

      4280 Oracle Rd

      MINI-MALL • 9,600 SF
      4280 Oracle Rd, Tucson, AZ 85705-1770
      View Details
    • Value Estimation by Request
      27,129 SF

      3906-3912 Oracle Rd

      Lifestyle centers • 27,129 SF
      3906-3912 Oracle Rd, Tucson, AZ 85705
      View Details
    • Value Estimation by Request
      5,703 SF

      4144 Oracle Rd

      Lifestyle centers • 5,703 SF
      4144 Oracle Rd, Tucson, AZ 85705
      View Details
    • Value Estimation by Request
      14,868 SF

      4386 Oracle Rd

      MINI-MALL • 14,868 SF
      4386 Oracle Rd, Tucson, AZ 85705-1656
      View Details
    • Value Estimation by Request
      2,517 SF

      341 Hoff Ave

      SHOPPING CENTER, STRIP CENTER • 2,517 SF
      341 Hoff Ave, Tucson, AZ 85705-8539
      View Details

    Similar Nearby for Sale

    • $1,700,000
      11,230 SF

      Miracle Mile Auto Shop/Warehouse

      Tucson Industrial Property - $1.7M
      1225 Miracle Mile, Tucson, AZ 85705
      View Details
    • $2,000,000
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      Tucson Auto Shop - Prime Location

      Profitable Auto Business Opportunity
      1500 Oracle Rd, Tucson, AZ 85705
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    • Contact for pricing
      6,952 SF

      Former Restaurant with Existing Infrastructure

      Former restaurant space available for sale with existing infrastructure.
      2720 N Oracle Rd, Tucson, AZ 85705
      View Details
    • $390,000
      0.44 Acres

      Tucson Commercial Lot with Building

      C-1 zoned commercial lot with building, ideal for business.
      3219 N Flowing Wells Rd, Tucson, AZ 85705
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    • $549,000
      4,451 SF

      449 Fort Lowell Rd, Tucson, AZ 85705

      Retail properties & Spaces • 4,451 SF
      449 Fort Lowell Rd, Tucson, AZ 85705
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    • Contact for pricing
      4,636 SF

      Remodeled Retail Property For Sale

      Remodeled retail property with high visibility and heavy commercial zoning.
      3656 N Oracle Rd, Tucson, AZ 85705
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      27,129 SF

      Tucson Retail Center - Oracle Road

      Prime Tucson retail space, multiple suites available.
      3906-3912 Oracle Rd, Tucson, AZ 85705
      View Details
    • $9 SF/Yr
      26,674 SF

      Prince Fairview Plaza: Retail Opportunity

      Prime Retail Space, I-10 Access
      901 Prince Rd, Tucson, AZ 85705
      View Details
    • $12 SF/Yr
      273,412 SF

      Tucson Place Retail Center

      Prime Tucson Retail Space Available
      565 Wetmore Rd, Tucson, AZ 85705
      View Details
    • $12 SF/Yr
      1,800 SF

      Retail Space on Grant Road

      Centrally located retail space with high visibility and access.
      2901-2957 E Grant Rd, Tucson, AZ 85705
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    • Contact for pricing
      10,000 SF

      Busy Shopping Center Retail Space

      Retail space in a busy shopping center with excellent visibility.
      1282-1370 W Prince Rd, Tucson, AZ 85705
      View Details
    • Contact for pricing
      4,855 SF

      Retail Space in Tucson Hub

      Retail space available in Tucson's largest regional shopping hub.
      3950 North Oracle Rd, Tucson, AZ 85705
      View Details
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    Tucson, AZ 85705-1767
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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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