8500 Oracle RdOro Valley, AZ 85704

  • Office properties
  • 31,513 SF
For Lease
$17/SF/YR View listing

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
8500 Oracle Rd, Oro Valley, Arizona

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

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
$57,857
$161,058
$697,486
$858,544
-
$894,766
$3,874,922
$4,769,688

FAQs

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