2450 Jackrabbit AveTucson, AZ 85745

  • Refrigeration & cold storage
  • 2,750 SF
For Sale
$725,000 View listing

Property Details for 2450 Jackrabbit Ave

Year built
1972
Construction
FRAME
Lot size
0.96 AC
Property size (Sq ft)
2,750 SF
Property type
Refrigeration & cold storage
APN
107-03-1880
APU
107031880

Description

This exceptional investment opportunity presents a 2,750-square-foot warehouse located at 2450 N Jackrabbit Avenue in Tucson, Arizona. Built in 1972, this property boasts a desirable combination of warehouse and refrigerated/cold storage space, making it ideal for a variety of businesses. The property sits on a 0.96-acre lot, offering ample space for operations and parking. With nine parking spaces available, employee and client parking is well accommodated. The asking price is $725,000, representing a compelling 6.00% capitalization rate. The property is zoned I1 under Tucson's zoning regulations, and its APN is 10703116B / N150'. The land value is calculated at $281.82 per square foot. This single-unit industrial property presents a strong return on investment in a prime Tucson location, with the zip code being 85745. The property's coordinates are 32.251945 latitude and -111.0065544 longitude, situated within Pima County. This is a rare opportunity to acquire a well-located, functional warehouse with cold storage capabilities in a thriving market. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $422,420
    Hospitality
    $386,935
    Educational
    $321,925
    Medical
    $332,997
    Retail
    $500,772

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2519
Longitude
-111.006
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
$4,514
$18,818
$14,862
$33,680
-
$125,454
$99,083
$224,537

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