4311 Sullinger AveTucson, AZ 85705

  • Industrial properties
  • 3,038 SF
For Sale
$450,000 View listing

Property Details for 4311 Sullinger Ave

Year built
1978
Construction
FRAME
Lot size
0.16 AC
Property size (Sq ft)
3,038 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
103-06-057A
APU
10306057A

Description

This 3,058 square foot Class C warehouse, built in 1978, is ideally situated near the I-10 and Ruthrauff exit in Tucson, Arizona. Priced at $450,000 ($147.16/sq ft) with a 4.00% cap rate, this multi-tenant property offers a strong investment opportunity. The building features two loading docks, including two dock-high doors, and a 10-foot ceiling height. Currently leased with a mix of tenants, including one month-to-month occupancy, this property boasts numerous improvements, including a three-phase power supply, a ramped dock, a standard dock with rear storage, a fully fenced yard with alley access, storefront space, expansive offices, two private bathrooms, and heating and air conditioning in both workshop areas. The CI-2 zoning allows for a wide range of uses, including auto repair, various contracting services, manufacturing, and outdoor storage. This versatile property presents a rare opportunity for investors seeking a well-maintained, multi-tenant warehouse in a high-traffic location. The property is divided into two equally sized spaces, perfect for separate businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $602,011
    Hospitality
    $551,439
    Educational
    $458,791
    Medical
    $474,569
    Retail
    $713,675
4311 Sullinger Ave, Tucson, Arizona

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2856
Longitude
-111.018
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
$4,740
$3,398
$29,271
$32,669
-
$22,652
$195,142
$217,794

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