Warehouse with Fenced
For Sale
Contact for pricing
1225 W Miracle Mile, Tucson, AZ 85705
Industrial facility with grade-level loading, roll-up doors, and three-phase power.
Property Size10,750 SF
Price / SF$158.14
Days on Market861
Property Features for 1225 W Miracle Mile
General Information
Standard status
Active
Size
10,750 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Three-Phase Power
Yes
Listing Agency:
Volk Company Commercial Real Estate
(520) 495-2234
Listed By:
Joey Castillo · License #SA687979000
(520) 495-2234
Source:
Moodyscre
Added: Apr 24, 2024
Changed: Aug 30
Last Checked: Aug 31 at 2:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Volk Company Commercial Real Estate
Investment Insights
Based on property information with market context.
This 10,750-square-foot warehouse property includes large roll-up doors, grade loading, fenced yards, and 3-phase power. The configuration supports storage, warehouse, distribution, and automotive applications identified for the property.
The site is positioned near Interstate 10 with access to Oracle, providing connectivity to the surrounding Tucson industrial area.
The site is positioned near Interstate 10 with access to Oracle, providing connectivity to the surrounding Tucson industrial area.
Key Highlights
- 10,750 square feet of warehouse space
- Large roll‑up doors for warehouse access
- Grade loading included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$83,159
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,663,180
$1.7M
Cap Rate 7%
$1,187,986
$1.2M
Cap Rate 9%
$923,989
$924.0K
Market Conditions
NOI Build-Up for 10,750 SF
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.
Gross rent
$103.2K $9.60/SF
− Vacancy
−$5.4K −$0.50/SF
EGI
$97.8K $9.10/SF
− OpEx
−$14.7K −$1.37/SF
NOI
$83.2K $7.74/SF
Area
ZIP 85705
Vacancy
5.20%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,663,180
Cap Rate 7%
$1,187,986
Cap Rate 9%
$923,989
Alternative Uses
Best Use
Warehouse
$1.19M
$1.04M – $1.39M
NOI $83,159 @ 7.0% cap · market cap 4.89%
Second Best
Industrial
$1.04M
$909.6K – $1.21M
NOI $72,764 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$2.47M
$2.16M – $2.89M
NOI $173,159 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85705, AZ
56,711
Population
29,145
Households
1.9
Avg Household Size
36
Median Age
20%
College-Educated
80%
High-School Grad
13.6 sq mi
ZIP Area
4,170
Density / Sq Mi
$36,606
Median Household Income
$27,220
Median Earnings
$924
Median Rent
$113,700
Median Home Value
Market
Vacancy Rate% for Industrial in Tucson, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial facility with grade-level loading, roll-up doors, and three-phase power.
Where is this warehouse located?
The property is located at 1225 W Miracle Mile Tucson, AZ.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 10,750 square feet of warehouse space; Large roll‑up doors for warehouse access; Grade loading included
