100 Stone AveTucson, AZ 85701

Property Details for 100 Stone Ave

Year built

1929

Construction

FRAME

Lot size

0.46 AC

Property size (Sq ft)

137,945 SF

Property type

Office properties

APN

117-11-096D

APU

11711096D

Description

The Pioneer, located at 100 N Stone Ave in Tucson, Arizona, presents a unique opportunity to lease a substantial office space. This eleven-story, 100,771 square foot building offers a single-tenant occupancy option, ideal for a large corporation or organization seeking a prominent presence in the heart of the city. Built in 1929 and extensively renovated in 2015, the property boasts a blend of historical charm and modern amenities. The building's traditional office layout is complemented by executive office spaces, providing flexibility for various business needs. Situated on a 0.53-acre lot in the desirable 85701 zip code of Pima County, The Pioneer benefits from excellent visibility and accessibility. The entire building is currently vacant, providing a blank canvas for a tenant to customize the space to their exact specifications. This is a rare chance to secure a landmark property in a thriving urban environment. The property's size, location, and recent renovations make it an exceptional opportunity for a business seeking a prestigious and functional office space. The building's history and architectural details offer a unique character not found in modern constructions. This is a truly remarkable opportunity to establish a significant presence in Tucson's dynamic business district.

• CAP approach

  CAP return

  Valuation

  6%

  $23,881,590

  6.5%

  $22,044,544

  7%

  $20,469,934

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,954,048

  Geo Method

  $22,954,048

• Alternative Use

  Use

  Valuation

  Residential

  $27,335,236

  Hospitality

  $25,038,928

  Educational

  $20,832,094

  Medical

  $21,548,542

  Retail

  $32,405,480

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2232

Longitude

-110.971

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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