11901 1St AveOro Valley, AZ 85737
- Retail properties
- 15,954 SF
Property Details for 11901 1St Ave
- Year built
- 2007
- Construction
- FRAME
- Lot size
- 5.08 AC
- Property size (Sq ft)
- 15,954 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 224-02-1710
- APU
- 224021710
Description
Placita De Oro, located at 11901 N 1st Ave in Oro Valley, Arizona (zip code 85737), presents a compelling retail investment opportunity. This C-2 zoned shopping center offers flexible space ranging from 1,500 to 8,000 square feet, ideal for a variety of retail uses. The property benefits from its strategic location at the main entrance to Rancho Vistoso, a substantial 7,500-acre master-planned community. This high-traffic area is further enhanced by its proximity to Tangerine Road, a major four-lane thoroughfare experiencing significant growth, extending from Oracle Road to Twin Peaks. The immediate vicinity boasts a robust workforce, with 9,647 employees within a three-mile radius, including the presence of Innovation Park. This strong employment base ensures a substantial customer pool for any retail business operating within Placita De Oro. A virtual tour is available online for a comprehensive visual overview of the property. This exceptional location, combined with the flexible space options, makes Placita De Oro an attractive investment prospect for discerning buyers seeking a foothold in a thriving Oro Valley market. Pima County location provides access to a large consumer base.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,619,998
- 6.5%
- $3,341,536
- 7%
- $3,102,855
-
Comparable approach
- Method
- Valuation
- Relative Method
- $6,689,959
- Geo Method
- $6,689,959
-
Alternative Use
- Use
- Valuation
- Residential
- $2,818,711
- Hospitality
- $2,581,924
- Educational
- $2,148,130
- Medical
- $2,222,008
- Retail
- $3,341,536
Location Insight
- City
- Tucson
- County
- Pima
- State
- Arizona
- Latitude
- 32.4223
- Longitude
- -110.963
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].