1622 Swan RdTucson, AZ 85712

  • Office properties
  • 5,184 SF
For Lease
$24.75/SF/YR View listing

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
1622 Swan Rd, Tucson, Arizona

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

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
$13,843
$42,525
$84,053
$126,578
-
$236,250
$466,959
$703,209

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