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

    5801 Speedway Blvd Tucson, AZ 85712

    • Strip malls
    • 14,416 SF
    • 1.24 lot acres
    For Lease
    View listing
    $10 SF/Yr
    Value Estimations
    $490,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-1358899
    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

    • Showtime Cards / Sports Card Store / Game Store
    • Reddington Plaza / Shopping Mall

    Property Details for 5801 Speedway Blvd

    Year built
    1979
    Construction
    FRAME
    Lot size
    1.24 lot acres
    Property size
    14,416 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    121-06-412B
    APU
    12106412B

    Description

    Reddington Plaza, located at 5801-5831 East Speedway Blvd in Tucson, Arizona (zip code 85712), offers exceptional office space opportunities. This 18,000 square foot property, zoned C-2 Tucson in Pima County, features a variety of configurations suitable for diverse business needs. The property is currently multi-tenant and offers both executive and traditional office spaces, along with retail and salon space options. Flexible lease terms are available for spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,400 square feet. Currently, 3,600 square feet of space is immediately available. This prime location on East Speedway Boulevard provides excellent visibility and accessibility for businesses seeking a prominent Tucson address. The property's diverse space options make it ideal for a range of businesses, from small startups to established companies requiring flexible and adaptable work environments. Contact us today to learn more about the available spaces and lease options at Reddington Plaza.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $490,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.868
    Latitude
    32.2367
    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
    $18,525
    $73,117
    $154,305
    $227,422
    -
    $406,208
    $857,251
    $1,263,459

    Comparable in this City

    • Value Estimation
      $215,000
      0.15 Acres

      4122 Speedway Blvd

      SHOPPING CENTER, STRIP CENTER • 0.15 Acres
      4122 Speedway Blvd, Tucson, AZ 85712-4522
      View Details
    • Value Estimation
      $410,000
      8,248 SF

      4380 Grant Rd

      SHOPPING CENTER, STRIP CENTER • 8,248 SF
      4380 Grant Rd, Tucson, AZ 85712-2607
      View Details
    • Value Estimation
      $390,000
      14,320 SF

      5501 Pima St

      SHOPPING CENTER, STRIP CENTER • 14,320 SF
      5501 Pima St, Tucson, AZ 85712-3703
      View Details
    • Value Estimation
      $355,000
      2,261 SF

      4764 Speedway Blvd

      SHOPPING CENTER, STRIP CENTER • 2,261 SF
      4764 Speedway Blvd, Tucson, AZ 85712
      View Details
    • Value Estimation
      $440,000
      7,037 SF

      5541 Grant Rd

      SHOPPING CENTER, STRIP CENTER • 7,037 SF
      5541 Grant Rd, Tucson, AZ 85712-2209
      View Details
    • Value Estimation
      $290,000
      6,250 SF

      4143 Speedway Blvd

      SHOPPING CENTER, STRIP CENTER • 6,250 SF
      4143 Speedway Blvd, Tucson, AZ 85712-4521
      View Details

    Similar Nearby for Sale

    • $1,350,000
      9,672 SF

      Income Producing Retail Property

      Retail property for sale in high-density Tucson location.
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    • $1,500,000
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      Tucson Speedway Retail Center

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      Tucson Automotive/Retail Property For Sale

      Excellent visibility, C-2 zoning, strong infill location in Tucson.
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    • $4,072,000
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      Ross Dress For Less

      25,798 SF NNN leased retail in Tucson, AZ.
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      Retail Property at Busy Intersection

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      Tucson Retail Property For Sale

      Retail property with upgraded finishes and fenced yards available for sale.
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    Similar Nearby for Lease

    • $12 SF/Yr
      1,200 SF

      Retail Space with High Visibility

      Retail space available at a high-traffic intersection in Tucson.
      5470 E Speedway Blvd, Tucson, AZ 85712
      View Details
    • $10 SF/Yr
      18,000 SF

      Reddington Plaza: Tucson Office Space

      Prime Tucson Office Suites Available Now
      5801 Speedway Blvd, Tucson, AZ 85712
      View Details
    • Contact for pricing
      16,600 SF

      Monterey Village Retail Space For Lease

      Tucson Strip Mall: Prime Retail Space Available
      6126-6290 Speedway Blvd, Tucson, AZ 85712
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    • $15 SF/Yr
      85,388 SF

      Shops at Camp Lowell: Prime Retail Space

      Tucson Strip Mall: Multiple Units Available
      Lowell & Swan Nwc Cp, Tucson, AZ 85712
      View Details
    • $15 SF/Yr
      136,273 SF

      Crossroads Festival Retail Center

      Tucson Retail Center: Multiple Spaces Available
      4811 Grant Rd, Tucson, AZ 85712
      View Details
    • $11 SF/Yr
      103,492 SF

      Northgate Plaza: Tucson Retail Center

      Prime Tucson retail space, multiple suites available.
      3901-3999 Grant Rd, Tucson, AZ 85712
      View Details
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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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