613 Delano StTucson, AZ 85705

  • Drive through restaurants
  • 7,605 SF

Property Details for 613 Delano St

Year built
1971
Construction
FRAME
Lot size
0.62 AC
Property size (Sq ft)
7,605 SF
Property type
Drive through restaurants
APN
107-11-014A
APU
10711014A

Description

This exceptional 7,816-square-foot retail property, located at 613 E. Delano St. in Tucson, Arizona, presents a unique investment opportunity. The building, constructed in 1971 and extensively renovated in 2021, boasts a Class B designation and sits on a 1.01-acre lot zoned C-2 by the City of Tucson. The property features a fully equipped commissary kitchen with 18 built-out kitchens, ideal for a variety of food-related businesses. Sixteen kitchens include 9-foot exhaust hoods, while two boast 12-foot hoods. The robust infrastructure includes three make-up air units (MAUs) serving the 18 kitchen hoods, two dedicated outside air units (DOAS) for common areas, a central grease trap, and ample dedicated walk-in cooler (WIC) storage. Security is enhanced by a comprehensive camera system covering entry/exit points, corridors, and shared storage. The property also includes a high-visibility vacant lot facing 1st Avenue and offers 100 parking spaces. The building is served by 3-phase, 800-amp power. This turnkey operation is ready for immediate occupancy. The property's APN is 117-11-014A. A video tour is available online. This is a rare opportunity to acquire a well-maintained, fully equipped commercial property in a prime Tucson location. The property's size, amenities, and zoning make it suitable for a wide range of commercial uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,935,414
    6.5%
    $1,786,536
    7%
    $1,658,926
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,188,990
    Geo Method
    $3,188,990
  • Alternative Use

    Use
    Valuation
    Residential
    $1,507,010
    Hospitality
    $1,380,413
    Educational
    $1,148,487
    Medical
    $1,187,986
    Retail
    $1,786,536

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2634
Longitude
-110.962
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
$9,965
$34,166
$61,657
$95,823
-
$189,810
$342,540
$532,350

FAQs

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