831 47Th StTucson, AZ 85713

Property Details for 831 47Th St

Year built

1984

Construction

FRAME

Lot size

0.56 AC

Property size (Sq ft)

5,760 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

132-15-0180

APU

132150180

Description

This single-tenant industrial warehouse, located at 831 E 47th St, Tucson, AZ 85713, offers 5,747 square feet of space on a 24,394 square foot lot. Built in 1984, the building features a 16' to 18' ceiling height, one dock-high door, and one drive-in door. The property boasts 700 amps of 240v, 3-phase power, making it suitable for a variety of industrial uses. Zoned I-1 (Light Industrial) by the City of Tucson, this property is conveniently located less than half a mile from E. Benson and S. Park Ave, and the I-10 on-ramps. It's also within two miles of the I-19 and Ajo Way on-ramp, and approximately five miles from Tucson International Airport and four miles from Downtown Tucson. The property is available for sale or lease starting November/December 2024. The property's APN is 132-15-0180, and it's situated in Pima County. This is a fantastic opportunity for businesses seeking a well-located, functional industrial space in Tucson. The concrete tilt-up construction ensures durability and longevity. The single-story building offers efficient workflow and easy accessibility. This property presents a compelling investment opportunity due to its prime location and functional design.

• CAP approach

  CAP return

  Valuation

  6%

  $958,510

  6.5%

  $884,779

  7%

  $821,580

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,485,619

  Geo Method

  $1,485,619

• Alternative Use

  Use

  Valuation

  Residential

  $884,779

  Hospitality

  $810,452

  Educational

  $674,287

  Medical

  $697,477

  Retail

  $1,048,891

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.1805

Longitude

-110.958

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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