6910 Tanque Verde RdTucson, AZ 85715

Property Details for 6910 Tanque Verde Rd

Year built

1978

Construction

FRAME

Lot size

0.88 AC

Property size (Sq ft)

3,696 SF

Property type

Turn key restaurants

APN

133-15-299A

APU

13315299A

Description

This exceptional 3,759-square-foot retail space, located at 6910 E Tanque Verde Rd in Tucson, Arizona, presents a unique investment opportunity. Situated on a substantial 37,462-square-foot lot, this single-tenant property is currently vacant and ready for immediate occupancy. Built in 1978, the building is zoned C-1 by the City of Tucson, allowing for a variety of commercial uses, including retail and restaurant establishments. The property's previous use included a bar and kitchen, suggesting a layout well-suited for similar ventures. The expansive lot size offers ample parking and potential for outdoor seating or expansion. The property's location on Tanque Verde Road provides excellent visibility and accessibility, ensuring high traffic volume and strong potential for customer engagement. This prime location in Pima County, Arizona, offers a thriving commercial environment with a diverse customer base. The property's size and zoning make it ideal for a variety of businesses seeking a prominent presence in a high-traffic area. With its convenient location and versatile layout, this property is an excellent choice for entrepreneurs and established businesses alike. The 85715 zip code offers easy access to major transportation routes and a wide range of amenities. This is a rare opportunity to secure a well-positioned retail space in a desirable Tucson location.

• CAP approach

  CAP return

  Valuation

  6%

  $538,335

  6.5%

  $496,925

  7%

  $461,430

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,549,836

  Geo Method

  $1,549,836

• Alternative Use

  Use

  Valuation

  Residential

  $419,175

  Hospitality

  $383,962

  Educational

  $319,452

  Medical

  $330,438

  Retail

  $496,925

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2503

Longitude

-110.845

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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