2238 6Th AveTucson, AZ 85713

Property Details for 2238 6Th Ave

Year built

1977

Construction

FRAME

Lot size

0.18 AC

Property size (Sq ft)

3,736 SF

Property type

Retail properties

Property subtype

Retail space

APN

118-24-0120

APU

118240120

Description

This freestanding retail building, located at 2238 S 6th Ave, Tucson, AZ 85713, offers 3,736 square feet on a 0.18-acre lot. Built in 1977, the property boasts excellent visibility due to its 6th Avenue frontage and is situated at the Northwest corner of 33rd Street and 6th Avenue in the South Tucson submarket. The building features both front and rear parking, providing ample convenience for customers and employees. Zoned SB-2A, this property is ideally suited for a variety of retail uses and benefits from its proximity to numerous retail amenities and its convenient location just one mile from the I-10 Freeway. The asking price is $467,000, and the parcel number is 118-24-0120. This presents a compelling opportunity for investors seeking a well-located, freestanding retail property in a thriving area. The property's size, location, and ample parking make it an attractive investment prospect. The SB-2A zoning allows for a range of retail possibilities, ensuring flexibility for future tenants or owners. This is a rare opportunity to acquire a well-positioned retail space in a high-traffic area of Tucson.

• CAP approach

  CAP return

  Valuation

  6%

  $737,016

  6.5%

  $680,322

  7%

  $631,728

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,566,609

  Geo Method

  $1,566,609

• Alternative Use

  Use

  Valuation

  Residential

  $573,877

  Hospitality

  $525,668

  Educational

  $437,350

  Medical

  $452,391

  Retail

  $680,322

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.1958

Longitude

-110.969

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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