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Industrial Building with Secure Yard

1692 W Grant Rd, Tucson, AZ 85705

For Sale
New
$1,750,000

I-1-zoned space combines full-building air conditioning with grade-level loading access.

Property Size8,629 SF
Days on Market3

Property Features for 1692 W Grant Rd

General Information

Standard status Active
Size 8,629 SF
Property subtype Industrial
Zoning I-1

Site & Location

Neighborhood Grant Road Industrial
Highway Access Yes
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 12 ft
Conditioned Warehouse Yes

Amenities

fully air-conditioned
grade-level loading access
secure fenced yard

Building Details

Building Size 8,629 SF
Listing Agency: NAI Horizon - Tucson
Listed By: Gordon Wagner · License AZ BR500884000
Source: Naiglobal
Added: Nov 8 Last Checked: Nov 8 at 4:23PM

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 NAI Horizon - Tucson

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This Tucson industrial property has a secure fenced yard, grade-level loading, and a fully air-conditioned building served by 8 A/C units. Clear height is approximately 12 feet, and the property carries I-1 zoning under the City of Tucson.

The site fronts Grant Road at 1692 W Grant Road, west of I-10, with access to the interstate and nearby commercial and industrial areas. Casino Del Sol, operated by the Pascua Yaqui Tribe, is about one-third of a mile away.

Key Highlights

  • I‑1 zoning under the City of Tucson
  • Fully air‑conditioned building with 8 A/C units
  • Approximately 12‑foot clear height

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,407
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,140 $1.2M
Cap Rate 7%
$834,386 $834.4K
Cap Rate 9%
$648,967 $649.0K
Market Conditions
NOI Build-Up for 8,629 SF
Gross rent
$88.0K $10.20/SF
− Vacancy
−$4.6K −$0.53/SF
EGI
$83.4K $9.67/SF
− OpEx
−$25.0K −$2.90/SF
NOI
$58.4K $6.77/SF
Area
ZIP 85705
Vacancy
5.20%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,140
Cap Rate 7%
$834,386
Cap Rate 9%
$648,967

Alternative Uses

Best Use
Industrial
$834.4K
$730.1K – $973.5K (±1% cap)
NOI $58,407 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M (±1% cap)
NOI $138,995 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Cooper Aerial Surveys ... IT Consulting Firm geoscans General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Grocery & Convenience Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

686
Businesses Nearby

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

Average Price Trend$/SF for Industrial properties in Tucson, AZ

$186 Jul
$203 Aug
$176 Sep
$180 Oct

Properties on Market for Industrial properties in Tucson

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Tucson, AZ

6.4% 2019
5.7% 2020
4% 2021
2.5% 2022
3.9% 2023
5.4% 2024
7.3% 2025

Frequently Asked Questions

What type of property is this?
Industrial property - I-1-zoned space combines full-building air conditioning with grade-level loading access.
Where is this industrial property located?
The property is located at 1692 W Grant Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: I‑1 zoning under the City of Tucson; Fully air‑conditioned building with 8 A/C units; Approximately 12‑foot clear height
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Includes: Price & PSF · Cap rate · Location · Zoning

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