8500 Oracle RdOro Valley, AZ 85704
- Office properties
- 31,513 SF
Property Details for 8500 Oracle Rd
- Year built
- 2009
- Construction
- FRAME
- Lot size
- 4.10 AC
- Property size (Sq ft)
- 31,513 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 225-13-006B
- APU
- 22513006B
Description
The Shoppes at Oracle, located at 8500 N Oracle Rd, Oro Valley, AZ 85704, presents a unique investment opportunity in a thriving retail center. This multi-tenant property boasts a total of 52,000 square feet, offering flexible spaces ranging from a minimum of 1,307 square feet to a maximum contiguous space of 17,733 square feet. The property is zoned C-1, Oro Valley, within Pima County, ensuring diverse usage options. Situated on Oracle Road (SR 77), a major thoroughfare connecting downtown Tucson to the affluent foothills and Oro Valley, this location provides exceptional visibility and accessibility. With approximately 800 feet of frontage on Oracle Road, the property benefits from high traffic volume, estimated at 53,000 vehicles per day. Monument signage is available, enhancing brand visibility. The convenient location, approximately half a mile north of Magee Road, ensures easy access for customers and employees. This property is ideal for businesses seeking high-traffic exposure in a desirable Oro Valley location. The flexible space options cater to a variety of retail and office/medical uses. Contact us today to learn more about this exceptional investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,864,196
- 6.5%
- $4,490,028
- 7%
- $4,169,312
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,243,763
- Geo Method
- $5,243,763
-
Alternative Use
- Use
- Valuation
- Residential
- $5,567,634
- Hospitality
- $5,099,923
- Educational
- $4,243,076
- Medical
- $4,389,002
- Retail
- $6,600,340
Location Insight
- City
- Tucson
- County
- Pima
- State
- Arizona
- Latitude
- 32.3612
- Longitude
- -110.971
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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