Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3371 S Feldspar Ave, Unit 247 Tucson, AZ 85735

    Sponsored
    For Sale
    $50,000

    LAND - Tucson, AZ

    Lot size:
    0.12 Acres
    Days on Market:
    32
    Last Refresh:
    Jan 29 at 6:06 pm

    Property Features for 3371 S Feldspar Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Pima County - CMH2
    APN
    212-32-2410
    Lot size
    0.12 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Frank A Ramirez

    Keller Williams Southern Arizona (520) 615-8400

    Listing agent Frank A Ramirez (520) 615-8400

    Listing date Dec 29, 2025

    MLS# 22502576 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Tucson Land in Gated Community

    This property is located within a 55+ gated community. The lot offers a west-facing front, ideal for sunset views, and a rear with potential for sunrise views. The land allows for designing a custom floor plan for a retirement home. Copper Crest is an active adult community featuring amenities such as a swimming pool, spa, shuffleboard, pool table, and workout facility, as well as opportunities for hiking and biking. The property is located within a short distance of Tucson. The lot size is 0.12 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Auto Repair Shop Hotel & Motel Nursing Home Assisted Living Facility Bed & Breakfast Arcade & Gaming Center Toy Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -111.127695
    Latitude
    32.182381

    Nearby Similar for Sale

    • $1,800,000
      4,067 SF

      Assisted Living Homes in Tucson

      Two adjacent assisted living homes, turnkey operation, convenient location.
      6301 E Calle De San Alberto --, Tucson, AZ 85710
      View Details
    • $1,749,000
      5,039 SF

      Historic Tucson Mixed-Use Investment

      Modern live/work studios in historic Armory Park, downtown Tucson.
      443 S Stone Ave, Tucson, AZ 85701
      View Details
    • $1,749,000
      5,039 SF

      Historic Tucson Commercial Corner Lot

      Commercial property in Historic Armory Park with modern updates.
      443 S Stone Ave, Tucson, AZ 85701
      View Details
    • $9,000,000
      11.13 Acres

      Historic Tucson Guest Ranch Resort

      11.1-acre guest ranch with villas, casitas, and Conestoga wagons.
      10700 E Tanque Verde Rd, Tucson, AZ 85749
      View Details
    • $399,900
      1,690 SF

      Renovated Duplex Near University

      Charming, renovated duplex near U of A with modern upgrades.
      3030 N 2Nd Ave, Tucson, AZ 85705
      View Details
    • $1,800,000
      7,528 SF

      New Construction Tucson Multifamily Investment

      Eight-unit multifamily property near the University of Arizona.
      4061 E Monte Vista Dr, Tucson, AZ 85712
      View Details
    • $1,400,000
      16,395 SF

      Former Training Center on Two Acres

      Centrally located Tucson property with redevelopment potential.
      3767 E Grant Rd, Tucson, AZ 85716
      View Details
    • $384,900
      2,438 SF

      Versatile Duplex in South Tucson

      Duplex with residential/commercial zoning, ideal for investment or business.
      320 E 29Th St, Tucson, AZ 85713
      View Details
    • New
      $465,000
      3,124 SF

      Renovated Duplex with Expansion Potential

      Fully renovated Tucson duplex with pool and expansion possibilities.
      215 W Navajo Rd, Tucson, AZ 85705
      View Details
    • $1,200,000
      3,690 SF

      Tucson Warehouse and Office Space

      Versatile commercial property with warehouse and office space on large lot.
      2200 W La Osa St, Tucson, AZ 85705
      View Details
    • $525,000
      Pending

      Remodeled Day Care Opportunity

      Licensed day care facility in Tucson, fully remodeled and equipped.
      321 E Yavapai Rd, Tucson, AZ 85705
      View Details
    • $590,000
      2,112 SF

      West University Historic District Property

      Charming 6 bed/3 bath property near University of Arizona.
      420 E Speedway Blvd, Tucson, AZ 85705
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land for sale in 55+ gated community in Tucson.
    Where is this residential land & home lot located?
    The property is located at 3371 S Feldspar Ave, Unit 247 Tucson, AZ.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - 55+ Gated Community: Enjoy security and a vibrant community designed for active adults.; - Design Your Own Home: Create the retirement home of your dreams with customizable options.; - Land Ownership: Own your land, providing control and investment potential.
    (520) 907-8847
    Request Owner's contact information
    3371 S Feldspar Ave, Unit 247 Tucson, AZ 85735
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3371 S Feldspar Ave, Unit 247
    Tucson, AZ 85735
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3371 S Feldspar Ave, Unit 247 Tucson, AZ 85735
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Frank A Ramirez
    (520) 907-8847
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.