1225 Miracle MileTucson, AZ 85705

  • Industrial properties
  • 10,750 SF
For Sale
$1,700,000 View listing

Property Details for 1225 Miracle Mile

Year built
1984
Construction
FRAME
Lot size
0.86 AC
Property size (Sq ft)
10,750 SF
Property type
Industrial properties
APN
107-06-028B
APU
10706028B

Description

This exceptional 11,230-square-foot commercial property, located at 1225 W Miracle Mile in Tucson, Arizona (zip code 85705), presents a unique investment opportunity. Zoned C-2, this versatile space is ideally suited for a variety of uses, including auto shops and warehousing. The property boasts a substantial lot size of 39,485 square feet, offering ample room for expansion or outdoor storage. Key features include large roll-up doors, grade-level loading, fenced yards, and 3-phase power, making it highly functional and efficient. Its strategic location provides excellent access to Interstate 10 and Oracle Road, ensuring convenient transportation and logistics. The asking price is $1,700,000, translating to $151.38 per square foot. This owner-user investment is perfect for businesses seeking a spacious, well-equipped facility in a prime Tucson location. The property's APN is 107-06-028B & 107-06-029E. This property is a rare find, combining functionality, location, and size for a compelling investment opportunity. The property is suitable for storage, warehouse, distribution, and automotive businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,130,224
    Hospitality
    $1,951,274
    Educational
    $1,623,437
    Medical
    $1,679,270
    Retail
    $2,525,346

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2606
Longitude
-110.992
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
$11,272
$22,392
$70,520
$92,912
-
$149,280
$470,135
$619,415

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