239 Meyer AveTucson, AZ 85701

Property Details for 239 Meyer Ave

Year built

1963

Construction

FRAME

Lot size

0.19 AC

Property size (Sq ft)

1,757 SF

Property type

Office properties

Property subtype

Other office properties

APN

117-10-1100

APU

117101100

Description

This single-story, 1,750-square-foot free-standing office building is located at 239 N. Meyer Ave, Tucson, AZ 85701, on a 0.2-acre lot (8,715 sq ft). Built in 1963, the property features a traditional office layout suitable for various uses, including executive offices or coworking spaces. The building is situated in a desirable downtown neighborhood, across from Old Town Artisans shops and restaurants, and within walking distance of City and County Offices and Courts. The HC-3 zoning allows for flexibility. The property includes a 1,750-square-foot vacant space, ideal for immediate occupancy. Property taxes are $2.62 per square foot. The building's convenient location and ample space make it an excellent investment opportunity. The address is at the corner of Meyer Ave and Council Street, Pima County, with APN 117-10-1100. A 430 sq ft basement is also included.

• CAP approach

  CAP return

  Valuation

  6%

  $304,179

  6.5%

  $280,780

  7%

  $260,725

• Comparable approach

  Method

  Valuation

  Relative Method

  $292,365

  Geo Method

  $292,365

• Alternative Use

  Use

  Valuation

  Residential

  $348,168

  Hospitality

  $318,920

  Educational

  $265,338

  Medical

  $274,463

  Retail

  $412,747

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2248

Longitude

-110.975

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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