6580 Tanque Verde RdTucson, AZ 85715

Property Details for 6580 Tanque Verde Rd

Year built

1976

Construction

FRAME

Lot size

0.32 AC

Property size (Sq ft)

2,578 SF

Property type

Retail space

APN

133-16-037J

APU

13316037J

Description

This exceptional 4,395 square foot commercial property, located at 6580 E Tanque Verde Rd in Tucson, Arizona (zip code 85715), presents a unique investment opportunity. The property is classified as both office and retail space, offering a versatile layout suitable for a variety of businesses. It's a multi-tenant building available for lease or purchase under a NNN (Net, Net, Net) lease agreement. A key feature is the prominent monument signage along Tanque Verde Road, providing excellent visibility and brand exposure. The building has recently undergone updates, including new flooring and fixtures, enhancing its appeal and functionality. Adding to its value is a second-floor apartment, ideal for an owner-occupant seeking additional space or rental income. This presents a compelling opportunity for an owner-user to occupy a portion of the building while generating income from the remaining commercial space. The entire building is available for lease or purchase, making it a flexible option for various business needs. The property is situated in Pima County, Arizona, at latitude 32.2460323 and longitude -110.8521204.

• CAP approach

  CAP return

  Valuation

  6%

  $291,159

  6.5%

  $268,762

  7%

  $249,565

• Comparable approach

  Method

  Valuation

  Relative Method

  $446,138

  Geo Method

  $446,138

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $522,878

  Mixed-Use / Specialty

  $268,303

  Hospitality / Lodging

  $197,494

  Office

  $267,228

  Institutional / Educational

  $279,105

  Residential Income

  $326,553

  Multifamily

  $388,885

  Automotive / Energy

  $239,233

  Parking / Income-Based Land

  $82,063.60

  Restaurant / Food Service

  $140,611

  Healthcare / Senior Housing

  $274,628

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2461

Longitude

-110.852

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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