3480 Broadmont DrTucson, AZ 85713

  • Retail properties
  • 3.99 AC
For Lease

Property Details for 3480 Broadmont Dr

Year built
1995
Construction
STEEL FRAME
Lot size
3.99 AC
Property type
Retail properties
Property subtype
Other retail properties
APN
132-04-205B
APU
13204205B

Description

This exceptional 5.74-acre property, located at 3480 S. Broadmont Dr in Tucson, Arizona, presents a unique investment opportunity. Zoned CI-2 in Pima County (APN: 132-04-205B, 132-04-205N), this land offers significant potential for various commercial uses. The site boasts convenient access to Tucson's thriving industrial sector and enjoys a strategic location adjacent to the Arizona Motor Vehicle Division. The property includes a pre-existing modular office building and a covered workspace, providing immediate functionality. Utilities are readily available, simplifying development plans. The entire site is fully fenced, enhancing security and providing a defined perimeter. The property's single-tenant status offers flexibility and control. With its substantial acreage and advantageous location, this property is ideal for businesses seeking a prominent presence in a rapidly growing area. The existing structures offer immediate usability, while the expansive land provides ample room for expansion or future development. This is a rare opportunity to acquire a well-situated, improved commercial parcel in a high-demand area of Tucson. The property's zoning allows for a variety of commercial uses, making it a versatile and attractive investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $34,285,036
    6.5%
    $31,647,726
    7%
    $29,387,176
  • Comparable approach

    Method
    Valuation
    Relative Method
    $72,876,688
    Geo Method
    $72,876,688
  • Alternative Use

    Use
    Valuation
    Residential
    $26,696,042
    Hospitality
    $24,453,430
    Educational
    $20,344,968
    Medical
    $21,044,662
    Retail
    $31,647,726
3480 Broadmont Dr, Tucson, Arizona

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.1833
Longitude
-110.921
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
$7,570
$70,699
$1,101
$71,800
-
$392,774
$6,115
$398,889

FAQs

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