8230 Broadway BlvdTucson, AZ 85710

Property Details for 8230 Broadway Blvd

Year built

1973

Construction

FRAME

Lot size

0.02 AC

Property size (Sq ft)

1,008 SF

Property type

Medical offices

Property subtype

Medical space

APN

134-12-0150

APU

134120150

Description

This single-tenant office space, located in Pima County's Sherwood Professional Terrace, offers 588 square feet of functional workspace. Ideal for startups, freelancers, or small businesses seeking a cost-effective solution, this traditional office provides a professional presence without the high overhead of larger spaces. The property is zoned O-3, ensuring suitability for a variety of office uses. The convenient location on Tucson's east side offers easy access for both employees and clients. Covered parking is available, providing added convenience and protection from the elements. This is a perfect opportunity for businesses looking to transition from a home office or establish a physical presence in a thriving area. The space is designed for practicality and efficiency, making it an excellent choice for those prioritizing affordability and essential amenities. This turnkey solution allows businesses to focus on growth and productivity, minimizing the time and resources spent on establishing a workspace. The property's single-tenant occupancy ensures privacy and control over the environment. This represents a rare opportunity to secure a well-located, affordable office space in a desirable area of Tucson.

• CAP approach

  CAP return

  Valuation

  6%

  $99,877

  6.5%

  $92,194

  7%

  $85,609

• Comparable approach

  Method

  Valuation

  Relative Method

  $167,731

  Geo Method

  $167,731

• Alternative Use

  Use

  Valuation

  Residential Income

  $114,320

  Hospitality / Lodging

  $104,717

  Institutional / Educational

  $87,123

  Healthcare / Senior Housing

  $90,119

  Retail / Commercial

  $135,525

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2204

Longitude

-110.816

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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