3644 6Th AveTucson, AZ 85713

Property Details for 3644 6Th Ave

Year built

1975

Construction

STEEL FRAME

Lot size

0.21 AC

Property type

Retail space

APN

119-17-0350

APU

119170350

Description

This exceptional 8,345 square foot executive office building in Tucson, Arizona, presents a compelling investment opportunity. Located at 3644 S 6th Ave, this C-2 zoned property boasts excellent visibility and accessibility, situated on a 26,943 square foot lot (APN: 119-17-0350, 119-17-0360, & 119-17-0370). Its prime location offers close proximity to Interstate 10 and benefits from high traffic counts on 6th Avenue, a major north-south thoroughfare connecting Sahuarita and South Tucson to the downtown area. The building features an open floor plan and a prominent monument sign. The property's strategic location directly across from the VA Hospital, with its substantial workforce and daily patient/visitor traffic, ensures a high population density within a 3-mile radius (over 100,000). The asking price of $420,000 ($50/sq ft) reflects the building's current condition. This presents a unique chance to acquire a well-positioned property in a thriving area of Tucson. The property is zoned C-2 Tucson.

• CAP approach

  CAP return

  Valuation

  6%

  $1,768,561

  6.5%

  $1,632,518

  7%

  $1,515,910

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,759,276

  Geo Method

  $3,759,276

• Alternative Use

  Use

  Valuation

  Residential

  $1,377,090

  Hospitality

  $1,261,407

  Educational

  $1,049,476

  Medical

  $1,085,569

  Retail

  $1,632,518

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.1803

Longitude

-110.969

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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