2465 Campbell AveTucson, AZ 85719

  • Banks
  • 6,208 SF

Property Details for 2465 Campbell Ave

Year built
1971
Construction
FRAME
Lot size
0.77 AC
Property size (Sq ft)
6,208 SF
Property type
Banks
APN
113-10-289B
APU
11310289B

Description

This exceptional retail property, located at 2465 N Campbell Ave in Tucson, Arizona, presents a unique investment opportunity. The former Chase Bank branch boasts 6,208 square feet of vacant space, situated on a sizable 1.02-acre lot (APN: 113-10-289B & 113-10-2940). Built in 1971, the building is zoned C-1 & R-1, offering flexibility for a variety of commercial uses. Its prime location along the Campbell Avenue corridor provides excellent visibility and accessibility. The property benefits from strong daytime demographics, with nearly 10,000 employees within a one-mile radius. Furthermore, its proximity to the University of Arizona (approximately 1.4 miles away), with its over 69,000 students, faculty, and staff, presents a significant potential customer base. The location also enjoys close proximity to major medical facilities such as Banner University Medical Center and the Arizona Cancer Center, further enhancing its appeal. This rare 1-acre site offers significant redevelopment potential for a discerning investor seeking a high-traffic location in a thriving Tucson neighborhood. The property is currently vacant and ready for immediate occupancy or redevelopment. The zip code is 85719.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,579,888
    6.5%
    $1,458,358
    7%
    $1,354,190
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,603,188
    Geo Method
    $2,603,188
  • Alternative Use

    Use
    Valuation
    Residential
    $1,230,180
    Hospitality
    $1,126,838
    Educational
    $937,516
    Medical
    $969,759
    Retail
    $1,458,358

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2516
Longitude
-110.944
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
$21,452
$90,690
$140,962
$231,652
-
$503,835
$783,123
$1,286,958

FAQs

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