1704 Anklam RdTucson, AZ 85745

  • Healthcare properties
  • 11,936 SF
For Lease
$20/SF/YR View listing

Property Details for 1704 Anklam Rd

Year built
1987
Construction
FRAME
Lot size
0.28 AC
Property size (Sq ft)
11,936 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
116-15-499A
APU
11615499A

Description

This exceptional 6,715 square foot multi-tenant office building, located at 1704 West Anklam Road in Tucson, Arizona, presents a unique investment opportunity. Currently, 1,688 square feet of prime office space is available for lease. The building is zoned MU (Mixed Use) and boasts a convenient location in Pima County, zip code 85745. The property, identified by APN 116-15-499A, is ideally suited for medical or executive office uses. The available space offers significant potential for a variety of businesses seeking a well-maintained and strategically located office environment. The building's existing infrastructure provides a solid foundation for immediate occupancy. This is an excellent opportunity to establish a presence in a thriving Tucson business district. The available space is ready for immediate occupancy and offers flexibility for customization to meet specific business needs. Interested parties are encouraged to inquire about lease terms and conditions. The property's location offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. This is a rare opportunity to secure high-quality office space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,601,811
    6.5%
    $1,478,595
    7%
    $1,372,981
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,986,150
    Geo Method
    $1,986,150
  • Alternative Use

    Use
    Valuation
    Residential
    $1,833,458
    Hospitality
    $1,679,437
    Educational
    $1,397,272
    Medical
    $1,445,327
    Retail
    $2,173,534
1704 Anklam Rd, Tucson, Arizona

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2268
Longitude
-111.002
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
$27,940
$54,068
$313,709
$367,777
-
$300,375
$1,742,829
$2,043,204

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