180 Magee RdOro Valley, AZ 85704

  • Office properties
  • 13,126 SF
For Lease
$18/SF/YR View listing

Property Details for 180 Magee Rd

Year built
1999
Construction
FRAME
Lot size
1.56 AC
Property size (Sq ft)
13,126 SF
Property type
Office properties
APN
225-14-243B
APU
22514243B

Description

This exceptional Class A executive office space, located at 180 W. Magee Rd in Oro Valley, Arizona, offers a total of 5,390 square feet currently available for lease. The entire building is vacant, presenting a unique opportunity for a single tenant to occupy this impressive space. The property is zoned C-2 by the City of Oro Valley and boasts ample parking with a ratio of 4.68 spaces per 1,000 square feet. The building's address is 180 W Magee Rd, Oro Valley, AZ 85704, and its APN is 225-14-243B. This property is ideal for businesses seeking a high-profile location in a thriving community. The building's executive office design caters to professional businesses requiring a sophisticated and functional workspace. The multiple tenancy designation indicates the flexibility to potentially subdivide the space, though the entire 5,390 square feet is currently available. The property's prime location in Oro Valley offers easy access to major transportation routes and amenities. This is a rare opportunity to secure a substantial, high-quality office space in a desirable location. Interested parties should inquire promptly to learn more about leasing options and terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,026,067
    6.5%
    $1,870,216
    7%
    $1,736,629
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,184,166
    Geo Method
    $2,184,166
  • Alternative Use

    Use
    Valuation
    Residential
    $2,319,067
    Hospitality
    $2,124,253
    Educational
    $1,767,354
    Medical
    $1,828,136
    Retail
    $2,749,217

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.3533
Longitude
-110.972
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
$32,878
$85,433
$255,289
$340,722
-
$474,628
$1,418,272
$1,892,900

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