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    Property profile & analytics
    OFF-MARKET Estimated value $2,160,000
    Commercial land

    8480 Joplin Ln, Marana, AZ 85742

    2.8 ac lot
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US07-0622703
    Property summary
    AI-generated overview

    This exceptional 3.61-acre commercial land parcel presents a unique investment opportunity in Tucson, Arizona. Located at 8480 N Joplin Ln, 85742, this property boasts unparalleled visibility due to its strategic position at the Marana Freeway Interchange. The asking price is $2,950,000, translating to approximately $18.76 per square foot. The lot size is approximately 157,252 square feet (3.61 acres), and the Assessor Parcel Number is 221-18-742B. Zoned VC by the Town of Marana, this property is ideally suited for a variety of commercial developments. Its location within a major retail hub, coupled with easy access to I-10, ensures high traffic volume and excellent accessibility. The surrounding area demonstrates significant population density and ongoing growth, making this a compelling investment prospect. Complete due diligence materials are available. This prime location offers exceptional visibility and convenient access, making it an ideal site for businesses seeking high exposure and strong customer traffic. Don't miss this opportunity to acquire a highly desirable commercial land parcel in a thriving market.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 2.8 ac (121,968 SF)
    APN 221-18-7430
    UPID US07-0622703
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.24M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.16M
    Owner & transaction history
    Jormar Investment Company LLC · 3 yrs held
    Jormar Investment Company LLC
    since 2022
    Last sale
    $2.1M
    1 recorded transaction
    2022
    $2.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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