1011 Craycroft RdTucson, AZ 85711

Property Details for 1011 Craycroft Rd

Year built

1959

Construction

FRAME

Lot size

2.22 AC

Property size (Sq ft)

10,273 SF

Property type

Medical offices

Property subtype

Medical space

APN

127-02-2790

APU

127022790

Description

Craycroft Plaza offers a prime opportunity for medical or professional office space in a high-traffic Tucson location. This Class C building totals 21,000 square feet, with 837 square feet currently vacant. Five individual suites are available, ranging in size from 709 to 5,590 square feet, providing flexibility for various practice needs. The property boasts a convenient location just south of one of Tucson's busiest intersections, ensuring high visibility and accessibility for patients and clients. Ample parking is provided, with a ratio of 4.3 spaces per 1,000 square feet. The building is zoned C-1, making it ideal for a variety of medical and professional uses. The multiple tenancy structure allows for a diverse mix of occupants. This central location offers excellent access to major thoroughfares and surrounding amenities. The property presents a strong investment opportunity in a thriving Tucson market. The available space is ready for immediate occupancy, providing a seamless transition for your practice. Contact us today to schedule a viewing and explore the possibilities of establishing your business at Craycroft Plaza.

• CAP approach

  CAP return

  Valuation

  6%

  $2,015,640

  6.5%

  $1,860,590

  7%

  $1,727,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,709,430

  Geo Method

  $1,709,430

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,721,330

  Retail / Commercial

  $1,896,870

  Mixed-Use / Specialty

  $1,881,120

  Hospitality / Lodging

  $1,368,420

  Institutional / Educational

  $1,952,400

  Residential Income

  $2,284,310

  Multifamily

  $2,789,500

  Automotive / Energy

  $1,673,480

  Parking / Income-Based Land

  $586,379

  Restaurant / Food Service

  $959,206

  Healthcare / Senior Housing

  $1,938,270

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2349

Longitude

-110.876

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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