4990 Massingale RdTucson, AZ 85741

Property Details for 4990 Massingale Rd

Year built

1993

Construction

FRAME

Lot size

21.02 AC

Property size (Sq ft)

360 SF

Property type

Data centers and call centers

APN

221-36-011A

APU

22136011A

Description

This exceptional ±21.02-acre parcel of land presents a compelling investment opportunity in Tucson, Arizona. Strategically located along Interstate 10, with convenient access to Ina Road, a major transportation artery, this property boasts a prime location for diverse commercial or industrial development. The current Suburban Homestead (SH) zoning permits a range of residential uses, offering immediate development potential. However, the significant acreage and highway frontage also present a strong case for rezoning, opening doors to a wider array of possibilities. Imagine the potential for industrial development, outdoor or indoor storage facilities, or even a contractor's yard. The property's size and location make it ideal for developers, businesses, or investors seeking a high-impact investment in a rapidly growing area. The land is offered at $3 per square foot, totaling an asking price of $2,746,894. The property's APN is 221-36-011A and is held in fee simple ownership. This is a rare opportunity to acquire a substantial land holding with exceptional visibility and access in a thriving Tucson market. The property's potential is limited only by the imagination of the buyer. Don't miss this chance to secure a piece of prime Arizona real estate. Contact us today to learn more about this remarkable opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $59,710

  6.5%

  $55,117

  7%

  $51,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $59,904

  Geo Method

  $59,904

• Alternative Use

  Use

  Valuation

  Residential

  $68,346

  Hospitality

  $62,604

  Educational

  $52,086

  Medical

  $53,877

  Retail

  $81,023

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.347

Longitude

-111.072

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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