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    Versatile Retail/Industrial Property in Tucson Title is generated by Realmo AI

    261 W Fort Lowell Road, Tucson, AZ 85705

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    Claim this Listing
    For Sale
    $1,499,000

    COMMERCIAL - Tucson, AZ

    Property size:
    6,702 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $223/SF
    Added:
    Apr 28, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 13 at 4:06 am

    Property Features for 261 W Fort Lowell Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Tucson - C2
    Window features
    Double Pane Windows
    Fencing
    Chain Link
    Standard status
    Active
    APN
    107-11-122A
    Size
    6,702 SF
    Lot size
    0.43 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    From Parcel:001010010 /Coronado Heights W100' Of Lot 4 Blk 7
    Tax Annual Amount
    5530

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1961
    Building materials
    Frame - Stucco
    Roof type
    Metal, Built-Up

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    Listing Contact
    Felix H Gafner
    Felix H Gafner

    Listing agent Felix H Gafner

    Listing office RealtyFelix.Com LLC 8170 E Rawhide Trl, Tucson, AZ

    Listing date Apr 28, 2026

    MLS# 22610999

    Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Versatile retail/industrial property suitable for various uses.
    • Separate commercial industrial warehouse provides storage or income potential.
    • Convenient location near dining, shopping, and local amenities.
    • Spacious room with mirrored walls ideal for studios or flexible workspace.
    • Additional rooms offer flexible options for offices or meeting areas.
    • Central air conditioning.

    Overview

    This versatile retail/industrial property in Tucson, Arizona, offers a range of possibilities. The property includes a spacious room with mirrored walls suitable for various uses, along with additional rooms that can serve as offices, studios, or meeting areas. A separate commercial industrial warehouse provides valuable storage space or an income opportunity. The property is conveniently located near dining, shopping, and other local amenities. The lot size is 0.43 acres and the property size is 6,702 square feet. The zoning is Tucson - C2.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $132.7k $19.80
    − Vacancy −$29.9k −$4.46
    EGI $102.8k $15.35
    − OpEx −$25.7k −$3.84
    NOI $77.1k $11.51
    6,702 SF · lease $19.80/SF/yr · vacancy 22.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.10M
    $964.2K – $1.29M (±1% cap)
    NOI $77,132 @ 7.0% cap · market cap 5.15%
    Second Best
    Mixed Use
    $947.9K
    $829.4K – $1.11M (±1% cap)
    NOI $66,350 @ 7.0% cap · market cap 4.43%
    Theoretical Best
    Office A
    $1.54M
    $1.35M – $1.80M (±1% cap)
    NOI $107,955 @ 7.0% cap · market cap 7.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Diesel 1 Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.976079
    Latitude
    32.264353

    FAQs

    What type of property is this?
    Mixed-use property - Retail/industrial property with flexible spaces and warehouse, near amenities.
    Where is this mixed-use property located?
    The property is located at 261 W Fort Lowell Road Tucson, AZ.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: Versatile retail/industrial property suitable for various uses.; Separate commercial industrial warehouse provides storage or income potential.; Convenient location near dining, shopping, and local amenities.
    More about this property
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