7740 Speedway BlvdTucson, AZ 85710

Property Details for 7740 Speedway Blvd

Year built

1993

Construction

FRAME

Lot size

1.08 AC

Property size (Sq ft)

5,958 SF

Property type

Retail properties

Property subtype

Banks

APN

133-23-093D

APU

13323093D

Description

This exceptional 6,689 square foot freestanding commercial building, located at 7740 E Speedway Blvd in Tucson, Arizona, presents a compelling owner-user or investment opportunity. The property boasts a prime location in Pima County, within the 85710 zip code, and sits on a substantial 47,202 square foot lot. Currently vacant, this Class B building offers significant potential for various uses, including bank, medical office, or traditional office space, as reflected in its C-1 zoning. The single-story structure features ample parking with 36 spaces available, and a unique advantage: two drive-through lanes, a legacy from its previous use as a credit union branch. The asking price is $1,500,000. The property's APN is 133-23-093D. This is a rare opportunity to acquire a well-situated, versatile commercial building in a thriving Tucson location. Its size, parking, and unique drive-through features make it ideal for a variety of businesses. The substantial lot size also allows for future expansion or development possibilities. Don't miss this chance to secure a valuable asset in a desirable area.

• CAP approach

  CAP return

  Valuation

  6%

  $867,803

  6.5%

  $801,049

  7%

  $743,832

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,498,356

  Geo Method

  $2,498,356

• Alternative Use

  Use

  Valuation

  Residential

  $675,715

  Hospitality

  $618,951

  Educational

  $514,960

  Medical

  $532,671

  Retail

  $801,049

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2351

Longitude

-110.827

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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