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    Property profile & analytics

    6252 Grant Rd Tucson, AZ 85712

    • Medical offices
    • 6,181 SF
    • 0.52 lot acres
    For Lease
    View listing
    $24 SF/Yr
    Value Estimations
    $345,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-0237391
    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

    • Lisa Payne / Nurse Practitioner
    • Ms. Ekaterina Mironova / Nurse Practitioner
    • Dr. Kenneth Rabe / Physical Examination Center / Practitioner Service Location
    • Liver Institute PLLC / Hepatologist
    • Tucson | Ketamine Arizona / Medical Clinic

    Property Details for 6252 Grant Rd

    Year built
    1986
    Construction
    FRAME
    Lot size
    0.52 lot acres
    Property size
    6,181 SF
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    121-01-103K
    APU
    12101103K

    Description

    This exceptional 6,231-square-foot medical office building, situated on a prominent 0.49-acre corner lot at 6252 E Grant Rd in Tucson, Arizona, presents a unique investment opportunity. Built in 1986 and renovated in 2014, the Class B property boasts a single-story design with two suites totaling 6,231 square feet, currently fully vacant and available for lease. The minimum divisible space is 2,318 square feet, while the maximum contiguous space is the entire 6,231 square feet. The property features convenient front door parking for clients, a significant advantage for patient accessibility. Further enhancing its appeal is the availability of reserved covered parking stalls and a prominent corner lot with monument signage potential. The property includes 31 total parking spaces. Located on the southwest corner of Wilmot and Grant Road, this property benefits from high visibility and easy access. The property's zoning is designated as Wilmot Road, and its Pima County APN is 121-01-103K. Annual property taxes are $2.13 per square foot. This prime East Tucson location offers excellent visibility and accessibility, making it an ideal location for medical practices seeking a high-profile presence. The building's 21,456 square foot lot size and 6,231 building FAR provide ample space and potential for future expansion or development. The zip code is 85712.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $345,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.859
    Latitude
    32.2502
    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
    $12,644
    $48,842
    $84,601
    $133,443
    -
    $271,344
    $470,005
    $741,349

    Comparable in this City

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      $285,000
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      MEDICAL CLINIC • 0.10 Acres
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    • Value Estimation
      $410,000
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      4580 Cp Lowell Dr

      MEDICAL CLINIC • 4,845 SF
      4580 Cp Lowell Dr, Tucson, AZ 85712-1282
      View Details
    • Value Estimation
      $300,000
      4,986 SF

      1396 Wilmot Rd

      DENTAL BUILDING • 4,986 SF
      1396 Wilmot Rd, Tucson, AZ 85712-5132
      View Details
    • Value Estimation
      $255,000
      1,238 SF

      1500 Wilmot Rd, Unit 14

      MEDICAL CLINIC • 1,238 SF
      1500 Wilmot Rd, Tucson, AZ 85712-4416
      View Details
    • Value Estimation
      $225,000
      826 SF

      Tucson, AZ 85712

      MEDICAL CLINIC • 826 SF
      Tucson, AZ 85712
      View Details
    • Value Estimation
      $275,000
      480 SF

      Tucson, AZ 85712

      MEDICAL CLINIC • 480 SF
      Tucson, AZ 85712
      View Details

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      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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