2302 Speedway BlvdTucson, AZ 85719

For Lease
$17/SF/YR View listing
  • Office properties
  • 16,234 SF

Property Details for 2302 Speedway Blvd

Year built
1974
Construction
FRAME
Lot size
0.94 AC
Property size (Sq ft)
16,234 SF
Property type
Office properties
APN
125-04-018B
APU
12504018B

Description

This exceptional commercial property, located at 2302 E. Speedway Blvd in Tucson, Arizona, offers a prime opportunity for businesses seeking flexible office space. The building features multiple tenancies, with individual suites ranging from 643 to 1,670 contiguous square feet. A total of 8,713 square feet is currently vacant and available for lease. The property's ideal location in Pima County provides excellent visibility and signage opportunities on Speedway Boulevard, a high-traffic area. Its proximity to the University of Arizona and Banner University Medical Center makes it particularly attractive to medical practices and businesses serving the university community. The convenient location also offers easy access to a wide array of restaurants, services, and other amenities, enhancing the appeal for both employees and clients. This versatile space is suitable for a variety of uses, including medical offices and traditional office settings, making it an excellent investment for businesses seeking a strategic location with high visibility and accessibility. The zip code is 85719. Contact us today to learn more about leasing options and explore the possibilities this property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,810,495
    6.5%
    $2,594,303
    7%
    $2,408,996
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,701,338
    Geo Method
    $2,701,338
  • Alternative Use

    Use
    Valuation
    Residential
    $3,216,936
    Hospitality
    $2,946,696
    Educational
    $2,451,616
    Medical
    $2,535,931
    Retail
    $3,813,626
2302 Speedway Blvd, Tucson, Arizona

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2357
Longitude
-110.938
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
$31,975
$58,772
$278,143
$336,915
-
$326,512
$1,545,239
$1,871,751

FAQs

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