4121 1St AveTucson, AZ 85719

  • Commercial land
  • 0.81 AC
For Sale
$3,297,425 View listing

Property Details for 4121 1St Ave

Lot size
0.81 AC
Property type
Commercial land
APN
105-13-0550
APU
105130550

Description

This exceptional 3.03-acre commercial land parcel presents a unique investment opportunity in Tucson, Arizona. Located at the southwest corner of 1st Avenue and Limberlost Road, this property boasts a highly desirable C-1 zoning designation, offering a wide range of development possibilities. The asking price is $3,297,425, translating to a land value of $25 per square foot. Situated in the thriving Tucson Mall trade area, this location benefits from proximity to affluent residential neighborhoods in the foothills and provides easy access to the University of Arizona campus via a major arterial road. The site is also conveniently located near a variety of amenities, including restaurants, shopping centers, and service businesses. A significant advantage is its position directly across from one of Tucson's top-performing LA Fitness gyms, ensuring high visibility and foot traffic. This property's strategic location and zoning make it an ideal site for a diverse range of commercial ventures, promising strong returns on investment. The address is 4121 N 1st Ave, Tucson, AZ 85719, within Pima County. This is a rare opportunity to acquire a substantial commercial land parcel in a prime location with excellent growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,999,025
    Hospitality
    $6,411,070
    Educational
    $5,333,934
    Medical
    $5,517,376
    Retail
    $8,297,232
4121 1St Ave, Tucson, Arizona

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2821
Longitude
-110.962
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
$1,554
$34,437
-
$34,437
-
$229,580
-
$229,580

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