5780 Arizona Pavilions DrTucson, AZ 85743

  • Strip malls
  • 1.75 AC

Property Details for 5780 Arizona Pavilions Dr

Lot size
1.75 AC
Property type
Strip malls
Property subtype
Neighborhood centers
APN
221-05-2590
APU
221052590

Description

This exceptional 1.77-acre commercial land parcel, totaling 77,101 square feet, presents a unique investment opportunity in Tucson's thriving Marana submarket. Located at 5780 Arizona Pavilions Drive, 85743, this single-tenant property boasts 280 feet of frontage and enjoys unparalleled visibility due to its out-parcel position adjacent to a Walmart and Kohl's. The property benefits from its strategic location within the Arizona Pavilions power center, the largest retail development serving Tucson's northwest trade area. This high-traffic area is further enhanced by its proximity to a Harkins Theater, LA Fitness, Ross, T.J. Maxx, Petco, HomeGoods, and several hotels. Major employers, including Sergeants Control and Coca-Cola, are located nearby, contributing to a strong daytime population. The recent completion of a luxury apartment complex further solidifies the area's growth trajectory. Pima County taxes are $1.86 per square foot. On-site power is available. This rapidly expanding area is ranked #3 in Arizona for growth, making this a compelling investment opportunity with significant potential for future development. The property is vacant and ready for immediate development.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,951,684
    6.5%
    $17,493,862
    7%
    $16,244,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $31,896,184
    Geo Method
    $31,896,184
  • Alternative Use

    Use
    Valuation
    Residential
    $14,756,727
    Hospitality
    $13,517,082
    Educational
    $11,246,054
    Medical
    $11,632,823
    Retail
    $17,493,862

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.3537
Longitude
-111.088
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
$15,309
$162,283
-
$162,283
-
$901,573
-
$901,573

FAQs

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