7025 21St StTucson, AZ 85710

Property Details for 7025 21St St

Year built

1984

Construction

FRAME

Lot size

0.27 AC

Property size (Sq ft)

3,177 SF

Property type

Retail properties

APN

134-25-1990

APU

134251990

Description

This exceptional commercial property, located at 7025 E 21st Street in Tucson, Arizona, presents a unique investment opportunity. The property encompasses a substantial 7,192 square feet of building space situated on a generous 0.48-acre lot. The building itself features multiple classrooms, ensuring versatility for a range of commercial uses. Accessibility is a key feature, with ADA-compliant restrooms readily available. Ample parking is accommodated by the expansive lot size. The asking price for this property is $925,000. The property includes two parcels, specifically parcel numbers 134-25-1990 and 134-25-1980, as confirmed by county records. This prime location in Tucson, easily accessible from Kolb and 21st Street, offers excellent visibility and convenient access to major transportation routes. The property's size and features make it suitable for a variety of commercial ventures, presenting a strong potential for return on investment. The combination of building space, ample parking, and convenient location makes this a highly desirable commercial property in the thriving Tucson market. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $462,741

  6.5%

  $427,146

  7%

  $396,635

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,332,205

  Geo Method

  $1,332,205

• Alternative Use

  Use

  Valuation

  Residential

  $360,313

  Hospitality

  $330,045

  Educational

  $274,594

  Medical

  $284,037

  Retail

  $427,146

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2085

Longitude

-110.843

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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