315 Irvington RdTucson, AZ 85706

  • Strip malls
  • 10,017 SF
For Lease
$18/SF/YR View listing

Property Details for 315 Irvington Rd

Year built
2008
Construction
FRAME
Lot size
1.08 AC
Property size (Sq ft)
10,017 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
137-07-0530
APU
137070530

Description

Liberty Plaza, located at 315 W Irvington Rd, Tucson, AZ 85706, presents a unique investment opportunity in a prime southwest metropolitan area. This 10,017 square foot building, constructed in 2008, offers versatile space suitable for retail, office, or restaurant uses. The property currently features multiple tenancies, with two immediately available spaces ranging from 2,040 to 3,187 square feet, ideal for businesses seeking flexible and adaptable layouts. The building's strategic location ensures high visibility and accessibility, making it an attractive option for a variety of commercial enterprises. The property's executive office subtype caters to businesses seeking a professional and upscale environment. This is an excellent chance to secure a well-maintained, modern space in a thriving Tucson commercial district. The building's 2008 construction ensures modern amenities and efficient design. Interested parties are encouraged to inquire about lease terms and availability for these exceptional spaces. The property's diverse zoning allows for a range of business types, providing flexibility for potential tenants. This is a rare opportunity to establish a presence in a high-traffic area with significant growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,976,094
    6.5%
    $1,824,086
    7%
    $1,693,795
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,200,408
    Geo Method
    $4,200,408
  • Alternative Use

    Use
    Valuation
    Residential
    $1,538,685
    Hospitality
    $1,409,427
    Educational
    $1,172,627
    Medical
    $1,212,956
    Retail
    $1,824,086

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.1629
Longitude
-110.974
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
$26,640
$38,121
$251,594
$289,715
-
$211,784
$1,397,747
$1,609,531

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