Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6628 Carondelet Dr Tucson, AZ 85710-2119

    • Medical offices
    • 1,344 SF
    • 0.03 lot acres
    OFF-MARKET
    Last Sale
    Aug 09, 2024
    $235,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-1038270
    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

    • Medical offices

    Property Details for 6628 Carondelet Dr

    Year built
    1979
    Construction
    FRAME
    Lot size
    0.03 lot acres
    Property size
    1,344 SF
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    133-17-0470
    APU
    133170470

    Description

    This exceptional 1,668-square-foot medical office building, located at 6628 E Carondelet Drive in Tucson, Arizona, presents a unique investment opportunity. Built in 1979 and situated on a 1,670-square-foot parcel (APN 133-17-047A), this property boasts a convenient location near two major hospitals, ensuring high visibility and accessibility for patients. The building features recently updated interiors, designed to optimize patient flow with streamlined check-in/check-out windows. A private doctor's office provides a comfortable and confidential setting for consultations. Staff convenience is prioritized with a dedicated break area. Restroom facilities include two restrooms, one of which is ADA compliant. The property includes one reserved covered parking space, with additional surface parking available. The building is zoned O-3 and is part of a medical complex, benefiting from a strong sense of community and shared amenities. The monthly HOA fee is $208. This turnkey medical office is ready for immediate occupancy and represents an excellent opportunity for medical professionals seeking a well-equipped and strategically located practice space. The asking price is $375,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.851
    Latitude
    32.225
    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
    $2,566
    $5,322
    $21,898
    $27,220
    -
    $29,568
    $121,658
    $151,226

    Comparable in this City

    • Value Estimation
      $1,600,000
      8,556 SF

      9302 22nd St

      DENTAL BUILDING • 8,556 SF
      9302 22nd St, Tucson, AZ 85710-7342
      View Details
    • Value Estimation by Request
      1,427 SF

      6701 22nd St

      DENTAL BUILDING • 1,427 SF
      6701 22nd St, Tucson, AZ 85710-5110
      View Details
    • Value Estimation by Request
      1,280 SF

      6610 Carondelet Dr

      MEDICAL CLINIC • 1,280 SF
      6610 Carondelet Dr, Tucson, AZ 85710-2119
      View Details
    • Value Estimation by Request

      6500 Carondelet Dr

      MEDICAL CLINIC
      6500 Carondelet Dr, Tucson, AZ 85710
      View Details
    • Value Estimation by Request
      1,264 SF

      6618 Carondelet Dr

      DENTAL BUILDING • 1,264 SF
      6618 Carondelet Dr, Tucson, AZ 85710-2119
      View Details
    • Value Estimation by Request
      1,806 SF

      6602 Carondelet Dr

      MEDICAL CLINIC • 1,806 SF
      6602 Carondelet Dr, Tucson, AZ 85710-2119
      View Details

    Similar Nearby for Sale

    • $375,000
      1,668 SF

      Updated Medical Office Space Available

      Recently updated medical office near hospitals with efficient layout.
      6602-6648 E Carondelet Dr, Tucson, AZ 85710
      View Details
    • $1,800,000
      7,839 SF

      Assisted Living Homes Investment Opportunity

      Two assisted living homes in Tucson's San Rafael Estates.
      6301 E Calle De San Alberto, Tucson, AZ 85710
      View Details
    • $1,800,000
      4,067 SF

      Assisted Living Homes in Tucson

      Two adjacent assisted living homes, turnkey operation, convenient location.
      6301 E Calle De San Alberto --, Tucson, AZ 85710
      View Details
    • $5,950,000
      47,531 SF

      Plug and Play Call Center

      Call center with 453 workstations in excellent condition.
      1401 S Pantano Rd, Tucson, AZ 85710
      View Details
    • Contact for pricing
      1,100 SF

      East Side Office Space Available

      East side office space with Broadway access and visibility.
      8230 E Broadway Blvd, Tucson, AZ 85710
      View Details
    • $495,000
      2,652 SF

      Tucson Office Building - Prime Location

      Free-standing office, 2,652 sq ft, great visibility.
      8219 22Nd St, Tucson, AZ 85710
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      2,552 SF

      San Rafael Medical Plaza Office

      Office space in established medical plaza near St. Joseph’s Hospital.
      6502-6566 E Carondelet Dr, Tucson, AZ 85710
      View Details
    • Contact for pricing
      18,483 SF

      Free-Standing Building on Broadway Blvd

      Move-in ready suites with high-end finishes and secure courtyard.
      6840 E Broadway Blvd, Tucson, AZ 85710
      View Details
    • $28 SF/Yr
      7,946 SF

      Medical Office Space Available

      Medical office building on St. Joseph’s Hospital campus for lease.
      6567 E Carondelet Dr, Tucson, AZ 85710
      View Details
    • $10 SF/Yr
      26,498 SF

      Prime Tucson Retail/Office Space

      Executive Suites, Broadway Blvd, Tucson
      6701- Broadway Blvd, Tucson, AZ 85710
      View Details
    • $0.76 SF/Yr
      3,780 SF

      Eastside Tucson Office/Warehouse Space

      Office and warehouse combination in Eastside Research Commerce Park.
      1646 S Research Loop, Tucson, AZ 85710
      View Details
    • Contact for pricing
      8,972 SF

      Spoke Coworking: Tucson Office Space

      Modern Coworking Space, Tucson, AZ
      6700 Speedway Blvd, Tucson, AZ 85710
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6628 Carondelet Dr
    Tucson, AZ 85710-2119
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.