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    5232 E Pima St Tucson, AZ 85712
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    5232 E Pima St Tucson, AZ 85712

    View on Map
    • Office properties & Spaces
    • 8,094 SF
    • 0.74 lot acres
    For Sale
    $1,090,000
    View Listing →
    Professional Office Space For Rent For Sale
    $1,090,000
    2,715 SF

    Professional Office Space For Rent

    Move-in ready office space in a quiet, campus-style setting.

    5232 E Pima St, Tucson, AZ
    View Listing
    Property ID
    US07-0778250
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Life Energy Wellness Center / Gym & Fitness Center / Alternative Medicine Practice
    • Professional Medical Services, LLC - ProMed / Medical Billing Service
    • Tucson Commercial Management / Real Estate Agency
    • All About Roofing LLC / Roofing Company / General Contractor
    • Hinske Robert E CPA / Accounting Firm

    Property Details for 5232 E Pima St

    Year built
    1987
    Construction
    FRAME
    Lot size
    0.74 lot acres
    Property size
    8,094 SF
    Property type
    Office properties & Spaces
    APN
    121-12-389C
    APU
    12112389C

    Description

    This exceptional 8,810-square-foot executive office building, situated on a 0.7-acre lot in Tucson, Arizona, presents a unique leasing opportunity. Built in 1987 and extensively renovated in 2016, the property boasts a modern aesthetic combined with the character of a well-maintained building. Currently, 2,715 square feet of office space is immediately available for lease, ideal for a growing business seeking a prestigious location. The building features ample parking with a total of 38 spaces, including 8 covered spots, ensuring convenient access for employees and clients. The property's location at 5232 E Pima St, Tucson, AZ 85712, offers excellent visibility and accessibility within Pima County. The property is designated as APN 121-12-389C. This multi-tenant building provides a professional environment suitable for various executive office and professional office uses. The available space offers the potential for customization to meet specific business needs. Don't miss this chance to secure a prime location for your business in a thriving Tucson community. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,655,000
      6.5%
      $1,530,000
      7%
      $1,420,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,702,000
      Market price range: $1.39M - $3.56M

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.881
    Latitude
    32.2429
    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
    $13,246
    $34,959
    $144,614
    $179,573
    -
    $194,214
    $803,409
    $997,623

    Comparable in this City

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      0.05 Acres

      6023 Grant Rd

      CONDOMINIUM OFFICES • 0.05 Acres
      6023 Grant Rd, Tucson, AZ 85712-2316
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    • Value Estimation
      $840,000
      3,534 SF

      3902 Pima St

      OFFICE (GENERAL) • 3,534 SF
      3902 Pima St, Tucson, AZ 85712
      View Details
    • Value Estimation by Request
      331 SF

      6246 Pima St

      OFFICE (GENERAL) • 331 SF
      6246 Pima St, Tucson, AZ 85712-3156
      View Details
    • Value Estimation
      $1,445,000
      6,848 SF

      Tucson, AZ 85712

      CONDOMINIUM OFFICES • 6,848 SF
      Tucson, AZ 85712
      View Details

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      Medical office space featuring exam rooms and handicap access.
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      Professional Office Condos For Sale

      3,152 SF office condos in Tucson, near Catalina Foothills.
      6115 E Grant Rd, Tucson, AZ 85712
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    • Contact for pricing
      2,715 SF

      Professional Office Space For Rent

      Move-in ready office space in a quiet, campus-style setting.
      5232 E Pima St, Tucson, AZ 85712
      View Details

    Similar Nearby for Lease

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      Office space available for lease in Tucson, Arizona.
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      Retail Spaces Available For Rent

      Retail spaces available, ranging from 1,200 to 2,400 square feet.
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      510 SF

      Executive Office Space For Rent

      Executive office space with shared amenities available for rent.
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      660 SF

      Tucson Office Space For Rent

      Office space available in a highly desirable central location.
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      Midtown Tucson Retail/Office Space

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      View Details
    View Listing
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    Tucson, AZ 85712
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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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