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

    4901 29th St Tucson, AZ 85711-6445

    • Investment properties
    • 39,600 SF
    • 2.58 lot acres
    OFF-MARKET
    Last Sale
    Oct 15, 2021
    $6,271,000
    Value Estimations
    $6,280,000
    Show details
    Cap Rate Potential
    7.3%
    Investment properties
    Location Intelligence
    Property ID
    US07-1283726
    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

    • Suburban Treasure Pickers / Furniture & Home Goods

    Property Details for 4901 29th St

    Year built
    1976
    Construction
    CONCRETE
    Lot size
    2.58 lot acres
    Property size
    39,600 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    131-04-405A
    APU
    13104405A

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,670,000
      ML approach
      $6,450,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $8,110,000
      6.5%
      $7,485,000
      7%
      $6,950,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,128,000
      Market price range: $6.13M - $23.3M
      AI Estimate
      $4,129,000
      Market price range: $4.13M - $9.42M

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.888
    Latitude
    32.2001
    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
    $60,610
    $366,143
    $426,753
    -
    $336,723
    $2,034,129
    $2,370,852

    Comparable in this City

    • Value Estimation
      $715,000
      3,800 SF

      5401 29th St

      STORE/OFFICE (MIXED USE) • 3,800 SF
      5401 29th St, Tucson, AZ 85711-6542
      View Details
    • Value Estimation by Request
      2,640 SF

      4702 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,640 SF
      4702 2nd St, Tucson, AZ 85711-1205
      View Details
    • Value Estimation by Request
      1,666 SF

      923 Swan Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,666 SF
      923 Swan Rd, Tucson, AZ 85711-1213
      View Details
    • Value Estimation by Request
      13,250 SF

      Wnwc Broadway Blvd & Craycroft Rd

      Land • 13,250 SF
      0 Wnwc Broadway Blvd & Craycroft Rd, Tucson, AZ 85711
      View Details
    • Value Estimation by Request
      23,843 SF

      3921-3949 29Th St

      Flex space • 23,843 SF
      3921-3949 29Th St, Tucson, AZ 85711
      View Details
    • Value Estimation by Request
      99,924 SF

      5340-5480 Broadway Blvd

      Neighborhood centers • 99,924 SF
      5340-5480 Broadway Blvd, Tucson, AZ 85711
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,572 SF

      Tucson Office Building: 1,572 SF

      Two-unit office building, ideal owner/user.
      921 Craycroft Rd, Tucson, AZ 85711
      View Details
    • Contact for pricing
      36,800 SF

      Retail Property Near Park Place

      Freestanding retail property in Tucson's prime retail corridor.
      5975 E Broadway Blvd, Tucson, AZ 85711
      View Details
    • $3,200,000
      11,253 SF

      High-Visibility Retail Space For Sale

      Retail property with frontage on Broadway Boulevard near Park Place.
      5919 E Broadway Blvd, Tucson, AZ 85711
      View Details
    • Contact for pricing
      2,292 SF

      Restaurant Building on Heavily Trafficked Street

      Restaurant building with equipment on a heavily trafficked street.
      5810 E 22Nd St, 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
    • $499,000
      2,492 SF

      Versatile Triplex with Private Yards

      Triplex featuring spacious units and private outdoor spaces.
      646/648 N Desert Ave, Tucson, AZ 85711
      View Details

    Similar Nearby for Lease

    • $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
      View Details
    • Contact for pricing
      13,250 SF

      Tucson Retail Center - Broadway & Craycroft

      Prime Tucson retail space, two suites available.
      0 Wnwc Broadway Blvd & Craycroft Rd, Tucson, AZ 85711
      View Details
    • Contact for pricing
      1,180 SF

      Renovated Office/Warehouse Near I-10

      Newly renovated flex space near Interstate 10.
      3941 E 29Th St, Tucson, AZ 85711
      View Details
    • Contact for pricing
      2,165 SF

      Retail Space on Broadway Blvd

      Retail space for lease in a high-traffic Tucson location.
      6125-6145 E Broadway Blvd, Tucson, AZ 85711
      View Details
    • Contact for pricing
      23,964 SF

      Broadway Boulevard Retail Anchor Space

      Anchor space available in Tucson's regional retail hub.
      5555 East Broadway Blvd, Tucson, AZ 85711
      View Details
    • $25 SF/Yr
      28,839 SF

      Professional Office Building For Lease

      Six-story office building with signage opportunity on Broadway Boulevard.
      6245 East Broadway Blvd, Tucson, AZ 85711
      View Details
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    4901 29th St
    Tucson, AZ 85711-6445
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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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