880 20Th StTucson, AZ 85719

Property Details for 880 20Th St

Year built

1988

Construction

FRAME

Lot size

0.61 AC

Property size (Sq ft)

8,335 SF

Property type

Retail space

APN

124-16-163A

APU

12416163A

Description

This exceptional 10,880-square-foot industrial warehouse is ideally situated in Tucson's vibrant Downtown submarket at 880 E 20th St, 85719. The single-tenant property offers a versatile space perfect for a variety of industrial uses, boasting a generous 26,561 square foot lot. Its prime location provides unparalleled access to major transportation routes and is conveniently close to the University of Arizona and the city's central business district. The building features three 10x10 grade-level loading doors, simplifying loading and unloading operations. Security and privacy are enhanced by a fully fenced yard, ideal for businesses requiring secure outdoor storage or workspace. The property is zoned I-1, allowing for a wide range of industrial applications. This is a rare opportunity to secure a well-located, functional industrial space in a thriving urban environment. The ample lot size offers potential for expansion or additional outdoor uses. This property presents a compelling opportunity for businesses seeking a strategic location and functional industrial space in the heart of Tucson, Arizona.

• CAP approach

  CAP return

  Valuation

  6%

  $2,121,193

  6.5%

  $1,958,024

  7%

  $1,818,166

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,495,099

  Geo Method

  $3,495,099

• Alternative Use

  Use

  Valuation

  Residential

  $1,651,667

  Hospitality

  $1,512,918

  Educational

  $1,258,730

  Medical

  $1,302,020

  Retail

  $1,958,024

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2092

Longitude

-110.957

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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