3760 Commerce DrTucson, AZ 85705

  • Office properties
  • 92,791 SF
For Sale
$13,000,000 View listing

Property Details for 3760 Commerce Dr

Year built
1985
Construction
FRAME
Lot size
8.07 AC
Property size (Sq ft)
92,791 SF
Property type
Office properties
Property subtype
Office buildings
APN
103-09-064B
APU
10309064B

Description

This exceptional 91,706 square foot single-story office/industrial building, situated on a spacious 10.07-acre lot in Tucson, Arizona, presents a unique leasing opportunity. Currently offering ±24,938 square feet of immediately available space, this Class B property is ideal for a variety of uses, thanks to its flexible zoning (I-1) and dual medical office/flex space designation. The minimum divisible space is 4,000 square feet, with a maximum contiguous space of 24,938 square feet currently available. Built in 1985, the property boasts 15 dock-high doors, providing excellent access for loading and unloading. Ample parking is available with 196 spaces (a 7.8:1,000 ratio), and additional parking options exist. The building features heavy power (277/480 volt, 3-phase) making it suitable for various industrial or medical needs. While elevators are not present, the single-story design ensures easy accessibility. The property's location at 3760 N Commerce Dr, Tucson, AZ 85705, offers convenient access to major transportation routes. The APN is 103-09-070C

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,064,349
    6.5%
    $14,828,630
    7%
    $13,769,442
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,440,422
    Geo Method
    $15,440,422
  • Alternative Use

    Use
    Valuation
    Residential
    $18,387,502
    Hospitality
    $16,842,852
    Educational
    $14,013,055
    Medical
    $14,494,986
    Retail
    $21,798,086
3760 Commerce Dr, Tucson, Arizona

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.276
Longitude
-111.018
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
$126,525
$189,885
$1,661,240
$1,851,125
-
$1,054,914
$9,229,113
$10,284,027

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