Commercial Kitchen with Walk-In
For Sale
$635,000
3452 E Milton Rd, Tucson, AZ 85706
MU zoning, on-site parking, and a commissary setup support a range of commercial configurations.
Property Size2,116 SF
Lot Size0.22 Acres
Price / SF$300.09
Days on Market587
Property Features for 3452 E Milton Rd
General Information
Standard status
Active
Size
2,116 SF
Total Parking Spaces
9
Lot size
0.22 Acres
Property subtype
Commercial
Zoning
MU
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Amenities
walkin freezer
partial fencing
Building Details
Year Built
1973
Buildings
1
Listing Agency:
Engel & Volkers Tucson
Listed By:
Andres Cota
(520) 954-5800
Source:
Exploretucsonproperties
Added: Mar 5, 2025
Changed: Oct 11
Last Checked: Oct 12 at 8:09PM
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 Engel & Volkers Tucson
Investment Insights
Based on property information with market context.
The commercial kitchen property includes a walk-in freezer and basic equipment that will transfer with the sale. Building systems have been updated, including electrical service, sewer lines, and HVAC. The structure dates to 1973, and the site carries MU (Mixed Use) zoning.
Located just off I-10 in Tucson, the property occupies a 9,750 SF lot with partial fencing and nine parking spaces. The site is set up for commissary use, with zoning that also permits a range of commercial activities.
Located just off I-10 in Tucson, the property occupies a 9,750 SF lot with partial fencing and nine parking spaces. The site is set up for commissary use, with zoning that also permits a range of commercial activities.
Key Highlights
- Walk‑in freezer and basic equipment included with the sale
- 9,750 SF lot with partial fencing
- Nine parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,662
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,240
$493.2K
Cap Rate 7%
$352,314
$352.3K
Cap Rate 9%
$274,022
$274.0K
Market Conditions
NOI Build-Up for 2,116 SF
Gross rent
$35.5K $16.80/SF
− Vacancy
−$2.7K −$1.26/SF
EGI
$32.9K $15.54/SF
− OpEx
−$8.2K −$3.89/SF
NOI
$24.7K $11.66/SF
Area
ZIP 85706
Vacancy
7.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,240
Cap Rate 7%
$352,314
Cap Rate 9%
$274,022
Alternative Uses
Best Use
Specialty Retail
$352.3K
$308.3K – $411.0K
NOI $24,662 @ 7.0% cap · market cap 3.88%
Second Best
Industrial
$204.6K
$179.0K – $238.7K
NOI $14,323 @ 7.0% cap · market cap 2.26%
Theoretical Best
Office A
$437.5K
$382.9K – $510.5K
NOI $30,628 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
8,867 visits/mo
0.1 miles
CubeSmart Self Storage
Shops & Services
569 visits/mo
0.3 miles
Demographics for 85706, AZ
54,853
Population
19,095
Households
2.9
Avg Household Size
33
Median Age
10%
College-Educated
70%
High-School Grad
13.1 sq mi
ZIP Area
4,187
Density / Sq Mi
$49,072
Median Household Income
$30,977
Median Earnings
$981
Median Rent
$169,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Tucson, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial kitchen - MU zoning, on-site parking, and a commissary setup support a range of commercial configurations.
Where is this commercial kitchen located?
The property is located at 3452 E Milton Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Walk‑in freezer and basic equipment included with the sale; 9,750 SF lot with partial fencing; Nine parking spaces
