1622 Swan RdTucson, AZ 85712
- Office properties
- 5,184 SF
Property Details for 1622 Swan Rd
- Year built
- 1983
- Construction
- FRAME
- Lot size
- 0.77 AC
- Property size (Sq ft)
- 5,184 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 121-11-160A
- APU
- 12111160A
Description
This single-tenant office building, located at 1622 N Swan Rd in Tucson, Arizona, offers 5,184 square feet of versatile space. Built in 1983, this Class B property sits on a 0.8-acre lot (33,751.7 sq ft) and features convenient front and rear parking for 40 vehicles. The building's zoning is O-3, City of Tucson Office, and its APN is 121-11-160A. The property boasts prominent monument signage and easy access. Previously used as an urgent care facility, the interior includes nine exam rooms, a spacious nurses' station, three private offices, an X-ray area, a break room, and four bathrooms. The building is a single-story structure with no elevators. Property taxes are $2.67 per square foot. Its central location and adaptable layout make it suitable for various office uses, including medical, traditional, and creative office spaces. The building's ample square footage and convenient parking make it an attractive option for businesses seeking a well-located and functional office space in Tucson's Central submarket. The property is currently vacant.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $897,475
- 6.5%
- $828,438
- 7%
- $769,264
-
Comparable approach
- Method
- Valuation
- Relative Method
- $862,618
- Geo Method
- $862,618
-
Alternative Use
- Use
- Valuation
- Residential
- $1,027,264
- Hospitality
- $940,968
- Educational
- $782,874
- Medical
- $809,798
- Retail
- $1,217,804
Location Insight
- City
- Tucson
- County
- Pima
- State
- Arizona
- Latitude
- 32.2422
- Longitude
- -110.892
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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