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Tucson Freestanding Building Near University
For Sale
$795,000

2501 East Elm Street, Tucson, AZ 85716

Freestanding 10,980 SF building near University of Arizona.

Property Size10,980 SF
Price / SF$72.40
Days on Market150

Property Features for 2501 East Elm Street

General Information

Standard status Active
Size 10,980 SF
Property subtype Office
Listing Agency: CBRE | Tucson
Listed By: Jason Shaltiel · License #SA699196000
Source: Cbre
Added: Mar 25 Changed: Aug 15 Last Checked: Aug 21 at 6:47AM

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 CBRE | Tucson

Investment Insights

Based on property information with market context.

The property is a freestanding building with a size of approximately 10,980 square feet. Constructed in 1970, it is located near the University of Arizona in the historic Blenman Elm neighborhood. The property has an assessor parcel number of 123-02-288A and is zoned C-1 by the City of Tucson. The property has zoning and approved building plans to build out an inpatient drug and alcohol treatment center for 47 beds. The property has approximately 37 parking spaces. It is in shell condition. The property use is also zoned for R&D, Retail, or Office. Abundant amenities are located within a 1-mile radius of the property.

Key Highlights

  • Approved building plans and zoning (C‑1, City of Tucson) in place for a 47‑bed inpatient drug and alcohol treatment center.
  • Located near the University of Arizona in the historic Blenman Elm neighborhood.
  • Ample parking with ±37 spaces.**

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Food Market Grocery & Convenience Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

2,697
Businesses Nearby

Demographics for 85716, AZ

31,521
Population
19,025
Households
1.7
Avg Household Size
39
Median Age
42%
College-Educated
92%
High-School Grad
7.2 sq mi
ZIP Area
4,378
Density / Sq Mi
$47,009
Median Household Income
$33,367
Median Earnings
$1,021
Median Rent
$300,900
Median Home Value

Market

Vacancy Rate% for Office in Tucson, AZ

8.9% 2019
9.1% 2020
9.6% 2021
10% 2022
8.8% 2023
10.2% 2024
9.5% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding 10,980 SF building near University of Arizona.
Where is this office building located?
The property is located at 2501 East Elm Street Tucson, AZ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Approved building plans and zoning (C‑1, City of Tucson) in place for a **47‑bed inpatient drug and alcohol treatment center.**; Located near the University of Arizona in the historic Blenman Elm neighborhood.; Ample parking with ±37 spaces.**
More about this property
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