5330 La Cholla BlvdTucson, AZ 85741

  • Office properties
  • 17,019 SF
For Sale
$3,675,000 View listing

Property Details for 5330 La Cholla Blvd

Year built
2007
Construction
FRAME
Lot size
1.70 AC
Property size (Sq ft)
17,019 SF
Property type
Office properties
APN
104-01-379E
APU
10401379E

Description

This exceptional Class A executive office building, located at 5330 N La Cholla Blvd in Tucson, Arizona, presents a compelling investment opportunity. Boasting 17,019 square feet of meticulously finished space, this property is priced at $3,675,000, or $216 per square foot. The building benefits from a highly desirable location in a high-traffic area, ensuring maximum exposure and accessibility. Ample covered parking is provided, with a ratio of 6.17 spaces per 1,000 square feet, ensuring convenient parking for tenants and visitors. The building's prime visibility along N La Cholla Blvd guarantees significant brand recognition. Inside, the space features high ceilings and abundant natural light, creating a bright and inviting atmosphere. Top-of-the-line finishes throughout enhance the professional image and appeal. The property is zoned SP, offering flexibility for various business uses. This is a rare opportunity to acquire a premier executive office building in a prime Tucson location. The combination of size, location, amenities, and high-quality finishes makes this property an exceptional investment. The building's strong features and strategic location position it for continued success and strong rental income. This is a turnkey opportunity for an investor seeking a high-return asset in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,711,704
    6.5%
    $2,503,112
    7%
    $2,324,318
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,831,962
    Geo Method
    $2,831,962
  • Alternative Use

    Use
    Valuation
    Residential
    $3,103,859
    Hospitality
    $2,843,118
    Educational
    $2,365,441
    Medical
    $2,446,792
    Retail
    $3,679,574

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.304
Longitude
-111.011
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
$50,604
$133,240
$301,245
$434,485
-
$740,220
$1,673,584
$2,413,804

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