15883 Oracle RdTucson, AZ 85739

  • Banks
  • 2,130 SF
For Sale
$975,000 View listing

Property Details for 15883 Oracle Rd

Year built
2005
Construction
FRAME
Lot size
0.59 AC
Property size (Sq ft)
2,130 SF
Property type
Banks
APN
222-21-042D
APU
22221042D

Description

This exceptional single-tenant office building, located at 15883 N Oracle Rd in Tucson, Arizona, presents a compelling investment opportunity. Built in 2005, the property boasts a generous 3,430 square feet of space, ideal for a variety of businesses. The building is a single-story structure, offering convenient access and functionality. Its zoning classification is CB-2, Pima County, providing flexibility for potential uses. The property's address is 15883 N Oracle Rd, Tucson, AZ 85739, situated within Pima County. The property's Assessed Parcel Number (APN) is 222-21-042D. The building's classification is Traditional Office, falling under the broader categories of Retail and Office. This single-tenant occupancy provides a stable and predictable income stream. The property's location offers excellent accessibility and visibility, making it an attractive option for businesses seeking a prominent presence in the Tucson market. The building's single-story design contributes to its efficiency and ease of use. This property represents a rare opportunity to acquire a well-maintained, single-tenant office building in a desirable location. Further details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $483,302
    6.5%
    $446,125
    7%
    $414,259
  • Comparable approach

    Method
    Valuation
    Relative Method
    $893,169
    Geo Method
    $893,169
  • Alternative Use

    Use
    Valuation
    Residential
    $376,323
    Hospitality
    $344,710
    Educational
    $286,794
    Medical
    $296,658
    Retail
    $446,125

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.4939
Longitude
-110.926
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
$10,531
$27,676
$118,477
$146,153
-
$153,756
$658,204
$811,960

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