6060 Park AveTucson, AZ 85706

  • Commercial land
  • 1.64 AC
For Sale
$375,000 View listing

Property Details for 6060 Park Ave

Lot size
1.64 AC
Property type
Commercial land
APN
140-23-100A
APU
14023100A

Description

This exceptional 71,416 square foot commercial and residential land parcel presents a compelling investment opportunity in Tucson, Arizona. Located at 6060 S. Park Ave, this property boasts a prime location at the north of the northwest corner of Park Ave and Bilby Rd, offering excellent visibility and accessibility. Zoned C-1, the land is ideally suited for a variety of uses, including but not limited to industrial development, self-storage facilities, low-income housing, or residential apartments. The deep lot size provides ample space for development, maximizing potential return on investment. The asking price is $375,000, translating to $5.25 per square foot. The property's APN is 140-23-100A. This infill development site in Pima County, AZ (zip code 85706) offers significant potential for growth and profitability. Its strategic location and versatile zoning make it an attractive proposition for discerning investors seeking a high-return opportunity in a thriving market. The property's size and zoning provide flexibility for a range of development projects, catering to diverse investment strategies. This is a rare opportunity to acquire a substantial land parcel in a desirable location with significant development potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,970,025
    Hospitality
    $10,048,484
    Educational
    $8,360,220
    Medical
    $8,647,741
    Retail
    $13,004,788
6060 Park Ave, Tucson, Arizona

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.1423
Longitude
-110.957
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
$2,450
$21,425
-
$21,425
-
$142,832
-
$142,832

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