625 Magee RdTucson, AZ 85704

Property Details for 625 Magee Rd

Year built

1973

Construction

FRAME

Lot size

10.00 AC

Property size (Sq ft)

15,708 SF

Property type

Retail properties

Property subtype

Other retail properties

APN

225-13-0120

APU

225130120

Description

This exceptional 9.7-acre Oro Valley property offers a unique investment opportunity. The portfolio includes three existing buildings totaling 70,031 square feet, priced at $265.99 per square foot for a total asking price of $18,627,342. The property boasts stunning Catalina Mountain and Pusch Ridge views and features two basketball courts and a baseball field. The expansive vacant land presents significant development potential, with utilities readily accessible. Its location adjacent to a middle school in Oro Valley, Arizona (zip code 85704), provides access to a highly educated workforce and major transportation arteries. The property's proximity to the University of Arizona and Tucson's thriving bioscience sector further enhances its investment appeal. The lush Sonoran desert landscape adds to the property's natural beauty, making it ideal for a variety of development projects, including a retreat center, community garden, or new school/church construction. This is a rare chance to acquire a substantial land holding with existing infrastructure in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,564,180

  6.5%

  $3,290,012

  7%

  $3,055,011

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,586,804

  Geo Method

  $6,586,804

• Alternative Use

  Use

  Valuation

  Residential

  $2,775,248

  Hospitality

  $2,542,112

  Educational

  $2,115,008

  Medical

  $2,187,746

  Retail

  $3,290,012

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.3528

Longitude

-110.962

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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