6879 Oracle RdTucson, AZ 85704

  • Office properties
  • 1,554 SF
For Sale
$415,000 View listing

Property Details for 6879 Oracle Rd

Year built
2002
Construction
FRAME
Lot size
0.03 AC
Property size (Sq ft)
1,554 SF
Property type
Office properties
Property subtype
Other office properties
APN
102-03-3630
APU
102033630

Description

This exceptional 1,557-square-foot medical office building presents a compelling investment opportunity in Tucson, Arizona. Located at 6879 N Oracle Rd, in the desirable Northwest submarket, this Class B property offers convenient access to numerous amenities near the Oracle/Ina intersection. Built in 2002, the single-story building (APN 102-03-3610) is zoned TR and features a well-designed, efficient floor plan ideal for medical practices. The property includes 12 units and boasts ample at-door parking for both clients and staff, enhancing convenience and accessibility. The asking price is $415,000, translating to $266.54 per square foot. Furniture is included, making this a turnkey solution for a medical professional seeking a fully equipped space. The property's strategic location and functional layout make it an attractive investment with strong potential for return. This is a rare opportunity to acquire a well-maintained, established medical office building in a thriving Tucson neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $239,868
    6.5%
    $221,417
    7%
    $205,601
  • Comparable approach

    Method
    Valuation
    Relative Method
    $258,586
    Geo Method
    $258,586
  • Alternative Use

    Use
    Valuation
    Residential
    $274,557
    Hospitality
    $251,492
    Educational
    $209,239
    Medical
    $216,435
    Retail
    $325,482
6879 Oracle Rd, Tucson, Arizona

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.3316
Longitude
-110.978
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
$5,652
$7,781
$39,888
$47,669
-
$43,230
$221,602
$264,832

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