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Office Units with On-Site Parking
For Sale
$549,000

2648 N Campbell Avenue, Tucson, AZ 85719

Commercial Sale, Tucson, AZ

Property Size2,340 SF
Lot Size0.13 Acres
Price / SF$234.62
Days on Market142

Property Features for 2648 N Campbell Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Tucson - C1
Accessibility Accessible Doors
Lot features Subdivided
Directions Cambell/Grant North to address
Subdivision East
Standard status Active
APN 112-06-0040
Size 2,340 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description NORTH CAMPBELL ESTATES N39.36' S60' LOT 2 BLK A
Legal Description NORTH CAMPBELL ESTATES N39.36' S60' LOT 2 BLK A

Utilities

Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1955
Building materials Burnt Adobe
Roof type Built-Up
Listing Agency: Realty Executives Arizona Territory · Realty Executives International
Listed By: Matthew 'Matt' E Bollinger
Added: May 18 Changed: Oct 2 Last Checked: Oct 6 at 1:06PM
MLS# 22612734

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.

Investment Insights

Based on property information with market context.

This 2,340-square-foot office property at 2648 N Campbell Avenue was built in 1955 with Burnt Adobe construction, a built-up roof, central air, and natural gas heating. Accessible doors and public water service are in place, while 12 parking spaces support daily operations. Office furniture may be included with an accepted offer.

The property sits in Tucson’s Campbell Avenue corridor near the University of Arizona, Banner University Medical Center, Midtown, Downtown, retailers, restaurants, residential neighborhoods, and public transportation. Its C1 zoning and office classification provide a commercial setting for office-oriented occupancy, with the surrounding area offering access to established activity centers and transit service.

Key Highlights

  • 2,340‑square‑foot office property on Campbell Avenue
  • 12 parking spaces included
  • C1 zoning in Tucson

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,193
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,860 $683.9K
Cap Rate 7%
$488,471 $488.5K
Cap Rate 9%
$379,922 $379.9K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$50.5K $21.60/SF
− Vacancy
−$5.0K −$2.12/SF
EGI
$45.6K $19.48/SF
− OpEx
−$11.4K −$4.87/SF
NOI
$34.2K $14.61/SF
Area
Tucson, AZ
Vacancy
9.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,860
Cap Rate 7%
$488,471
Cap Rate 9%
$379,922

Alternative Uses

Best Use
Office B
$488.5K
$427.4K – $569.9K (±1% cap)
NOI $34,193 @ 7.0% cap · market cap 6.23%
Second Best
Healthcare Medical
$445.3K
$389.6K – $519.5K (±1% cap)
NOI $31,169 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$607.9K
$531.9K – $709.2K (±1% cap)
NOI $42,551 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Reachout Women's Center Medical Clinic

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Florist Butcher HVAC Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

988
Businesses Nearby

Demographics for 85719, AZ

46,242
Population
21,707
Households
2.1
Avg Household Size
27
Median Age
46%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
5,780
Density / Sq Mi
$41,086
Median Household Income
$17,430
Median Earnings
$1,051
Median Rent
$266,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Tucson, AZ

8.9% 2019
9.1% 2020
9.6% 2021
10% 2022
8.8% 2023
10.2% 2024
9.5% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - C1-zoned office property with central air, accessible doors, and a location near major Tucson employment and retail destinations.
Where is this office units located?
The property is located at 2648 N Campbell Avenue Tucson, AZ.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 2,340‑square‑foot office property on Campbell Avenue; 12 parking spaces included; C1 zoning in Tucson
More about this property
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