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

    7759 Cortaro Rd Tucson, AZ 85743

    • Drug stores
    • 13,782 SF
    • 1.47 lot acres
    OFF-MARKET
    Last Sale
    Dec 16, 2020
    $4,925,000
    Value Estimations
    $6,050,000
    Show details
    Cap Rate Potential
    2.2%
    Drug stores
    Location Intelligence
    Property ID
    US07-0191354
    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

    • Drug stores

    Property Details for 7759 Cortaro Rd

    Year built
    1999
    Construction
    FRAME
    Lot size
    1.47 lot acres
    Property size
    13,782 SF
    Property type
    Drug stores
    APN
    226-27-0170
    APU
    226270170

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,050,000
      ML approach
      $6,185,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $6,420,000
      COMMERCIAL (GENERAL)
      $4,680,000
      NEIGHBORHOOD: SHOPPING CENTER
      $3,990,000
      AUTO REPAIR, GARAGE
      $3,750,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -111.098
    Latitude
    32.3484
    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
    $56,409
    $161,774
    $281,229
    $443,003
    -
    $898,744
    $1,562,383
    $2,461,127

    Comparable in this City

    • Value Estimation
      $615,000
      14,375 SF

      7740 Cortaro Rd

      DRUG STORE, PHARMACY • 14,375 SF
      7740 Cortaro Rd, Tucson, AZ 85743-8832
      View Details
    • Value Estimation
      $615,000
      14,332 SF

      9250 Coachline Blvd

      DRUG STORE, PHARMACY • 14,332 SF
      9250 Coachline Blvd, Tucson, AZ 85743-5241
      View Details
    • Value Estimation
      $245,000
      1,410 SF

      9645 Casa Grande Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,410 SF
      9645 Casa Grande Hwy, Tucson, AZ 85743-9388
      View Details
    • Value Estimation
      $1,185,000
      45,178 SF

      5885 Arizona Pavilions Dr

      GYM, HEALTH SPA • 45,178 SF
      5885 Arizona Pavilions Dr, Tucson, AZ 85743-7302
      View Details
    • Value Estimation
      $280,000
      1,995 SF

      6315 Sandario Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,995 SF
      6315 Sandario Rd, Tucson, AZ 85743-8757
      View Details
    • Value Estimation
      $490,000
      27,774 SF

      8002 Cortaro Rd

      RETAIL STORES (PERSONAL SERVICES) • 27,774 SF
      8002 Cortaro Rd, Tucson, AZ 85743-8305
      View Details

    Similar Nearby for Sale

    • $4,670,000
      14,375 SF

      Freestanding Retail Building For Sale

      Freestanding 14,375 SF building in a high-traffic retail corridor.
      7740 N Cortaro Rd, Tucson, AZ 85743
      View Details
    • $1,822,844
      9,002 SF

      Retail Property with Investment Grade Tenant

      Retail property for sale with Dollar General as tenant.
      6780 N Sandario Rd, Tucson, AZ 85743
      View Details
    • $1,295,000
      1.77 Acres

      Arizona Pavilions Retail Land

      Tucson development site, 75,759 SF
      5850 Arizona Pavilions Dr, Tucson, AZ 85743
      View Details
    • $2,300,000
      3.00 Acres

      Tucson Commercial Land - Phase II PAD Site

      Safeway-anchored, high-growth area.
      9150 Silverbell Rd, Tucson, AZ 85743
      View Details
    • $1,295,000
      1.77 Acres

      Tucson Corner Commercial Land

      High-growth area, prime retail location.
      0 Arizona Pavilions Dr, Tucson, AZ 85743
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    • $59,900
      4.95 Acres

      Tucson Land with Mountain Views

      4.95 acres of Arizona desert ready for a new home.
      N Nelson Quihuis Rd, Tucson, AZ 85743
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      1,350 SF

      Retail Space in Cortaro Hub

      Retail space with freeway access in a commercial hub.
      8205-8225 N Courtney Page Way, Tucson, AZ 85743
      View Details
    • $27 SF/Yr
      25,000 SF

      Marana Retail Pad - Build-to-Suit

      Prime Marana location, 25,000 sq ft available.
      9150 Silverbell Rd, Tucson, AZ 85743
      View Details
    • $12 SF/Yr
      72,123 SF

      I-10 & Ina Road Retail Land

      Tucson Retail Land - Prime Location
      5050 Ina Rd, Tucson, AZ 85743
      View Details
    • $25 SF/Yr
      30,558 SF

      Twin Peaks Retail Center, Tucson

      Prime Retail Space Available, Marana, AZ
      9150 Silverbell Rd, Tucson, AZ 85743
      View Details
    • Contact for pricing

      Retail Land in Northwest Tucson

      Commercial land available for rent in major retail core.
      5780 W Arizona Pavilions Dr, Tucson, AZ 85743
      View Details
    • Contact for pricing
      5,120 SF

      Marana Flex Space Available

      Quality flex space in thriving Marana market, easy access.
      7620 N Hartman Ln, Tucson, AZ 85743
      View Details
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    Tucson, AZ 85743
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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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