2660 1St AveTucson, AZ 85719

Property Details for 2660 1St Ave

Year built

1985

Construction

FRAME

Lot size

0.15 AC

Property size (Sq ft)

1,800 SF

Property type

Office properties

APN

113-09-001B

APU

11309001B

Description

This exceptional investment opportunity presents three office buildings totaling 5,937 square feet situated on a 22,667 square foot lot in Tucson, Arizona. Located at 2660, 2664, and 2666 N 1st Ave, this property boasts excellent visibility due to its prime 1st Avenue frontage, a major arterial for north and southbound traffic. The buildings are in excellent condition and ready for immediate owner occupancy, offering multiple access points and the potential for monument signage. The C-1 Tucson zoning permits a variety of uses. This easily accessible mid-town location provides convenient access for both employees and clients. Individual building sizes range from approximately 1,558 to 2,579 square feet. The property's three separate addresses are 2660 N 1st Ave, 2664 N 1st Ave, and 2666 N 1st Ave, all located north of the northeast corner of 1st Avenue and Grant Road, in the 85719 zip code. The parcel numbers are 113-09-0020, 113-09-001A, and 113-09-001B. This is an owner/user investment opportunity. Please note that tenants should not be disturbed.

• CAP approach

  CAP return

  Valuation

  6%

  $311,623

  6.5%

  $287,652

  7%

  $267,106

• Comparable approach

  Method

  Valuation

  Relative Method

  $299,520

  Geo Method

  $299,520

• Alternative Use

  Use

  Valuation

  Residential

  $356,689

  Hospitality

  $326,725

  Educational

  $271,831

  Medical

  $281,180

  Retail

  $422,849

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2552

Longitude

-110.961

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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