1740 Fair StTucson, AZ 85714

Property Details for 1740 Fair St

Year built

2010

Construction

STEEL FRAME

Lot size

0.95 AC

Property type

Retail properties

Property subtype

Other retail properties

APN

132-16-592C

APU

13216592C

Description

This exceptional 0.8-acre property at 1740 E Fair Street in Tucson, Arizona (APN 132-16-592C) presents a unique investment opportunity. Built in 2010, this C-2 zoned land offers a versatile space ideal for various retail ventures. The property boasts a secure fenced perimeter, enhancing safety and security. A significant advantage is the inclusion of a mobile office complete with a certificate of occupancy and restroom facilities, providing immediate usability. Further enhancing operational capabilities is a covered above-ground lift equipped with a compressor. The property's strategic location adjacent to the Pima County Sheriff's Department provides an added layer of security and peace of mind. Security cameras are installed throughout the property. The asking price is $575,000. A potential lease option exists at a modified gross rate of $3,250 per month. This property is situated in the 85714 zip code of Pima County. The property's previous use was as a car lot. This presents a rare opportunity to acquire a well-maintained and strategically located commercial property in a high-demand area. The combination of security features, existing infrastructure, and prime location makes this an attractive investment for discerning buyers.

• CAP approach

  CAP return

  Valuation

  6%

  $8,180,361

  6.5%

  $7,551,102

  7%

  $7,011,738

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,388,274

  Geo Method

  $17,388,274

• Alternative Use

  Use

  Valuation

  Residential

  $6,369,638

  Hospitality

  $5,834,554

  Educational

  $4,854,280

  Medical

  $5,021,226

  Retail

  $7,551,102

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.1703

Longitude

-110.946

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].