2880 Drexel RdTucson, AZ 85746

Property Details for 2880 Drexel Rd

Year built

1978

Construction

FRAME

Lot size

0.35 AC

Property size (Sq ft)

2,400 SF

Property type

Retail properties

Property subtype

Retail space

APN

137-14-213E

APU

13714213E

Description

This exceptional 2,400 square foot retail space is situated on a highly visible corner lot at the intersection of Drexel Road and Cardinal Avenue in Tucson, Arizona. The property boasts a desirable Class A designation and sits on a 0.34-acre lot (15,202 square feet), offering ample parking for customers. Built in 1978, the single-story building features an open floor plan enhanced by large picture windows that flood the interior with natural light. The zoning is designated CB-1, providing flexibility for a variety of commercial uses, including convenience stores and community centers. The entire 2,400 square feet is currently vacant and immediately available for lease. The property's prime location and ample parking make it an ideal opportunity for businesses seeking high visibility and convenient access for customers. The APN is 137-14-213E. This is a rare opportunity to secure a well-located, versatile retail space in a thriving Tucson neighborhood. Don't miss out on this chance to establish your business in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $473,458

  6.5%

  $437,038

  7%

  $405,821

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,006,387

  Geo Method

  $1,006,387

• Alternative Use

  Use

  Valuation

  Residential

  $368,658

  Hospitality

  $337,688

  Educational

  $280,953

  Medical

  $290,615

  Retail

  $437,038

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.1488

Longitude

-111.028

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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