3300 Palo Verde AveTucson, AZ 85716

Property Details for 3300 Palo Verde Ave

Year built

1969

Construction

FRAME

Lot size

2.86 AC

Property size (Sq ft)

4,078 SF

Property type

Office properties

APN

111-04-210B

APU

11104210B

Description

This exceptional Tucson commercial property, located at 3300 N Palo Verde Ave, offers a unique blend of executive office space and warehouse functionality. The property encompasses a total of 6,418 square feet across three buildings, all currently vacant and ready for immediate occupancy. The expansive 2.98-acre lot provides ample space for expansion or future development. The warehouse component features two loading docks, crucial for efficient logistics, and boasts a substantial 10-foot ceiling height, accommodating a variety of storage and operational needs. Power is robust, with heavy-duty 200/240V 3-phase service available. The property is zoned C-3, offering flexibility for a range of commercial uses. The property's location in Tucson, Arizona, within Pima County (APN: 111-04-210B, zip code 85716) provides excellent access to major transportation routes and a thriving business community. This single-tenant property presents a significant opportunity for businesses seeking a versatile and strategically located space to establish or expand their operations. The property is available for sale or lease. Interested parties should inquire for further details and pricing information.

• CAP approach

  CAP return

  Valuation

  6%

  $706,000

  6.5%

  $651,692

  7%

  $605,143

• Comparable approach

  Method

  Valuation

  Relative Method

  $678,579

  Geo Method

  $678,579

• Alternative Use

  Use

  Valuation

  Residential

  $808,098

  Hospitality

  $740,214

  Educational

  $615,849

  Medical

  $637,029

  Retail

  $957,987

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2669

Longitude

-110.918

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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