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    29 Tubac Plz Tubac, AZ 85646

    For Sale
    $799,000

    Historic Tubac retail, apartments, & extra lot.

    Property size:
    3,764 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 3,764 square foot property, situated in the vibrant heart of Tubac Plaza, presents a unique investment opportunity. The main building features three street-level retail suites, easily adaptable to a single large space or maintained as individual units. Alternatively, these spaces could be converted into additional residential units. Adding to the property's versatility, two beautifully remodeled apartments are included, each offering stunning panoramic mountain views. All units benefit from complimentary high-speed Wi-Fi provided by the seller. The combined rental potential exceeds $75,000 annually. Beyond the main building, this offering includes an adjacent lot, exceeding 2,000 square feet, previously occupied by the Tubac Main Stage. This additional space presents a wealth of possibilities, including the potential for live performances or complementary commercial uses. The property encompasses two parcels, identified as 112-16-034 and 112-16-035, totaling 0.18 acres. Located steps from the Tubac Center for the Arts, this property benefits from Tubac's thriving arts community, abundant outdoor recreational opportunities (hiking, biking, birdwatching), annual arts festivals, and year-round golf. This is a rare chance to acquire a multi-faceted property in a highly desirable location.

    Property Features for 29 Tubac Plz

    General Information

    Property type
    Retail properties
    Square Feet
    3,764 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1987
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Tubac
    County
    Santa Cruz
    State
    Arizona
    Longitude
    -111.049
    Latitude
    31.61244

    Nearby Comparable

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      Prime Tubac Retail Opportunity

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    Nearby Similar for Sale

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      Prime Tubac Commercial Building

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    • $290,000
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      Historic Tubac Adobe Property

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    FAQs

    What type of property is this?
    Retail property - Historic Tubac retail, apartments, & extra lot.
    Where is this retail property located?
    The property is located at 29 Tubac Plz Tubac, AZ.
    What is the asking price?
    The asking price for this property is $799,000.
    (520) 604-6853
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    29 Tubac Plz Tubac, AZ 85646
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    Realmo Value Estimation

    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.

    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.

    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
    29 Tubac Plz Tubac, AZ 85646
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