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

    7601 Speedway Blvd Tucson, AZ 85710

    • Retail space
    • 2,552 SF
    • 0.27 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-0059911
    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

    • Quilters Market LLC / Fabric Store

    Property Details for 7601 Speedway Blvd

    Year built
    1983
    Construction
    FRAME
    Lot size
    0.27 lot acres
    Property size
    2,552 SF
    Property type
    Retail space
    APN
    133-13-006P
    APU
    13313006P

    Description

    Eastridge Plaza, located at 7601-7699 E Speedway Blvd in Tucson, Arizona (zip code 85710), presents a compelling retail investment opportunity. This C-1 zoned shopping center in Pima County offers a total of 37,877 square feet of leasable space, currently housing two suites. A significant portion of the space, totaling 5,496 square feet, is currently vacant and available for lease. The minimum leasable space is 709 square feet, while the maximum contiguous space available is 4,787 square feet, providing flexibility for various business needs. The property boasts ample parking, with a ratio of 5 spaces per 1,000 square feet. This prime location on East Speedway Boulevard offers excellent visibility and accessibility, making it an ideal spot for businesses seeking high foot traffic and convenient access for customers. The property is classified as a commercial shopping center and is suitable for multiple tenants. Interested parties should note the property's convenient location in Tucson, Arizona, and its potential for immediate occupancy of the available space. The property's size and layout offer a unique opportunity for businesses seeking a prominent presence in a thriving commercial area. Further details regarding lease terms and conditions are available upon request.

    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
    -110.83
    Latitude
    32.2359
    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
    $5,726
    $16,989
    $28,942
    $45,931
    -
    $94,384
    $160,790
    $255,174

    Comparable in this City

    • Value Estimation
      $815,000
      6,000 SF

      7075 22nd St

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      7075 22nd St, Tucson, AZ 85710-5112
      View Details
    • Value Estimation
      $1,935,000
      23,145 SF

      7191 Broadway Blvd

      RETAIL STORES (PERSONAL SERVICES) • 23,145 SF
      7191 Broadway Blvd, Tucson, AZ 85710-1495
      View Details
    • Value Estimation
      $575,000
      5,260 SF

      7311 Broadway Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,260 SF
      7311 Broadway Blvd, Tucson, AZ 85710-1408
      View Details
    • Value Estimation by Request
      1,868 SF

      400 Sarnoff Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,868 SF
      400 Sarnoff Dr, Tucson, AZ 85710-4245
      View Details
    • Value Estimation
      $995,000
      6,808 SF

      6307 22nd St

      RETAIL STORES (PERSONAL SERVICES) • 6,808 SF
      6307 22nd St, Tucson, AZ 85710-5102
      View Details
    • Value Estimation
      $820,000
      8,300 SF

      8099 22nd St

      RETAIL STORES (PERSONAL SERVICES) • 8,300 SF
      8099 22nd St, Tucson, AZ 85710-8524
      View Details

    Similar Nearby for Sale

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      Retail Space on Speedway Boulevard

      Retail property with solar array and monument sign for sale.
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    Similar Nearby for Lease

    • $16 SF/Yr
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      Retail Space on Broadway Blvd

      Retail space with high visibility and ample parking available for rent.
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      High-Traffic Corner Retail Space

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      Office and retail spaces available in high-traffic area.
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      Prime Tucson Retail/Office Space

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    • Contact for pricing
      1,200 SF

      Retail Space on 22nd Street

      Retail space with excellent visibility and monument signage available.
      8060 E 22Nd St, Tucson, AZ 85710
      View Details
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    Tucson, AZ 85710
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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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