1949 Eastland StTucson, AZ 85719

Property Details for 1949 Eastland St

Year built

1968

Construction

FRAME

Lot size

0.23 AC

Property size (Sq ft)

2,337 SF

Property type

Specialty properties

APN

129-05-3720

APU

129053720

Description

This exceptional 2,337-square-foot flex space, located at 1949 E Eastland St in Tucson, Arizona, presents a compelling owner-user opportunity. Priced at $300,000, this property offers significant value for its size and location. Situated on a 0.37-acre lot, the building boasts I-1 (Light Industrial) zoning, providing flexibility for a variety of uses. Constructed in 1968, the property is classified as Class C industrial. The spacious layout is ideal for businesses requiring a blend of office and warehouse space, making it perfect for a range of industrial and light manufacturing operations. The property's address is 1949 E Eastland St, Tucson, AZ 85719. Its convenient location within Tucson offers easy access to major transportation routes, enhancing logistical efficiency for any business. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving market. The asking price represents a strong investment potential for an owner-occupier seeking a strategic location and adaptable space. Don't miss this chance to secure your business's future in this desirable Tucson location.

• CAP approach

  CAP return

  Valuation

  6%

  $458,536

  6.5%

  $423,264

  7%

  $393,031

• Comparable approach

  Method

  Valuation

  Relative Method

  $388,877

  Geo Method

  $388,877

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $846,564

  Retail / Commercial

  $431,519

  Mixed-Use / Specialty

  $427,936

  Hospitality / Lodging

  $311,301

  Office

  $423,264

  Institutional / Educational

  $444,150

  Residential Income

  $519,656

  Multifamily

  $634,582

  Automotive / Energy

  $380,700

  Parking / Income-Based Land

  $133,395

  Restaurant / Food Service

  $218,209

  Healthcare / Senior Housing

  $440,937

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2117

Longitude

-110.942

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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