5335 29Th StTucson, AZ 85711

  • Warehouses
  • 12,597 SF
For Sale
$1,395,000 View listing

Property Details for 5335 29Th St

Year built
1994
Construction
FRAME
Lot size
0.92 AC
Property size (Sq ft)
12,597 SF
Property type
Warehouses
APN
131-02-002A
APU
13102002A

Description

This exceptional 12,597 square foot freestanding warehouse presents a compelling investment opportunity in Tucson, Arizona. Located at 5335 E 29th St, 85711, this property boasts a prime location near Davis-Monthan Air Force Base and the bustling Golf Links corridor, offering excellent accessibility and visibility. The building's versatile design is perfect for businesses needing a combination of office, showroom, and warehouse space. Three convenient roll-up doors facilitate efficient loading and unloading. The property is classified as both Industrial and Retail, making it suitable for a wide range of uses. The asking price is $1,395,000, and the lease type is Net. Situated in Pima County, this property benefits from its proximity to a major arterial route, the Golf Links Road corridor, connecting it seamlessly to downtown Tucson and the southeast region. This strategic location offers significant advantages for businesses seeking high visibility and convenient access to key transportation networks. The property's size and features make it an attractive option for companies requiring ample space for storage, operations, and customer interaction. This is a rare opportunity to acquire a well-situated and versatile commercial property in a thriving Tucson market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,943,450
    6.5%
    $4,563,180
    7%
    $4,237,240
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,353,830
    Geo Method
    $3,353,830
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $2,325,990
    Mixed-Use / Specialty
    $2,306,680
    Hospitality / Lodging
    $1,677,990
    Office
    $2,281,500
    Institutional / Educational
    $2,394,080
    Residential Income
    $2,801,070
    Multifamily
    $3,420,550
    Automotive / Energy
    $2,052,070
    Parking / Income-Based Land
    $719,032
    Restaurant / Food Service
    $1,176,200
    Healthcare / Senior Housing
    $2,376,760

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2001
Longitude
-110.879
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
$18,656
$24,000
$133,494
$157,494
-
$160,000
$889,959
$1,049,959

FAQs

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