Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    860 46th St Tucson, AZ 85713-5006
    Back to Search
    Property profile & analytics

    860 46th St, Tucson, AZ 85713-5006

    View on Map
    • Investment properties
    • 11,370 SF
    • 0.56 lot acres
    Off-Market
    Property ID
    US07-3320604
    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.
    Value Estimations
    $1,180,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 860 46th St

    Year built
    1975
    Construction
    FRAME
    Lot size
    0.56 lot acres
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    132-15-0140
    APU
    132150140

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 19, 2018 — 860 E 46th LLC S W Sun Control Products INC Warranty Deed · related —
    Jan 15, 2016 $850,000 S W Sun Control Products In K & L Ruppert Family Trust Grant Deed $775k · Ruppert Kl Family Trust (pt)
    Aug 31, 2007 $975,000 Ruppert K L Family Trust Mishkabi LLC Warranty Deed —
    Nov 22, 2004 $460,000 Mishkabi LLC Coronado Industrial Invtrs Warranty Deed $459k · National Bank Arizona

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,094,000
      Market price range: $1.00M - $2.67M
      AI Estimate
      $1,205,000
      Market price range: $830k - $3.20M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,725,000
      Current use
      AUTO REPAIR, GARAGE
      $1,735,000
      Change: +1% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,445,000
      Change: -16% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.958
    Latitude
    32.1811
    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
    $11,924
    $12,128
    $119,674
    $131,802
    -
    $67,375
    $664,853
    $732,228

    Comparable in this City

    • Value Estimation by Request
      0.18 Acres

      Tucson, AZ 85713

      STORE/OFFICE (MIXED USE)
      Tucson, AZ 85713
      View Details
    • Value Estimation
      $2,300,000
      25,494 SF

      752 46th St

      STORE/OFFICE (MIXED USE)
      752 46th St, Tucson, AZ 85713-5004
      View Details
    • Value Estimation
      $1,270,000
      12,422 SF

      802 46th St

      STORE/OFFICE (MIXED USE)
      802 46th St, Tucson, AZ 85713-5006
      View Details
    • Value Estimation
      $925,000
      8,000 SF

      1546 Euclid Ave

      STORE/OFFICE (MIXED USE)
      1546 Euclid Ave, Tucson, AZ 85713-1784
      View Details
    • Value Estimation
      $1,180,000
      10,000 SF

      3740 43rd Pl

      STORE/OFFICE (MIXED USE)
      3740 43rd Pl, Tucson, AZ 85713-5402
      View Details
    • Value Estimation by Request
      1,250 SF

      Tucson, AZ 85713

      STORE/OFFICE (MIXED USE)
      Tucson, AZ 85713
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,586 SF

      Established Restaurant in South Tucson

      High-traffic location with strong regional accessibility and loyal customer base.
      708 W Ajo Way, Tucson, AZ 85713
      View Details
    • Contact for pricing
      6,681 SF

      Santa Rita Park Multifamily Opportunity

      Eleven-unit multifamily property in Santa Rita Park neighborhood, Tucson.
      1742 S 4Th Ave, Tucson, AZ 85713
      View Details
    • Contact for pricing
      49,658 SF

      I-10 Frontage Commercial Land

      Prime commercial land with I-10 frontage, suitable for various uses.
      723 W Silverlake Rd, Tucson, AZ 85713
      View Details
    • $7,675,000
      61,427 SF

      Tucson Industrial Property with Showroom

      61,427 SF industrial building with showroom for sale.
      3648 East Ajo Way, Tucson, AZ 85713
      View Details
    • Contact for pricing
      3,736 SF

      Retail Building in South Tucson

      Freestanding 3,736 SF retail building for sale.
      2238 S 6Th Ave, Tucson, AZ 85713
      View Details
    • $79,900
      0.09 Acres

      Vacant Lot with Mountain Views

      Cleared vacant lot in active 55+ community with amenities.
      5433 W Box R St, Tucson, AZ 85713
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, approximately 1,730 square feet.
      1301-1321 E Ajo Way, Tucson, AZ 85713
      View Details
    • Contact for pricing

      Mixed-Use Commercial Land Available

      114 acres of commercial land for rent in Tucson.
      4575 S Kino Pkwy, Tucson, AZ 85713
      View Details
    • Contact for pricing
      3,460 SF

      Retail Space Near Interstate I-19

      Retail space with high visibility and traffic, near I-19.
      & I-19 Nec Ajo Way, Tucson, AZ 85713
      View Details
    • Contact for pricing
      4,644 SF

      Freestanding Retail Building with Signage

      Freestanding retail building suitable for various uses, with service bays.
      2632 S 6Th Ave, Tucson, AZ 85713
      View Details
    • Contact for pricing

      114 Acres Mixed Use Commercial

      114 acres of commercial land for rent in Tucson.
      1120 East Tucson Marketplace Blvd, Tucson, AZ 85713
      View Details
    • Contact for pricing

      Prime Commercial Land for Lease

      114 acres of mixed-use commercial land in Tucson.
      1125 E Tucson Marketplace Blvd, Tucson, AZ 85713
      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.
    860 46th St
    Tucson, AZ 85713-5006
    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

    Thank You for Inquiry
    860 46th St, Tucson, AZ, 85713
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!