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    Steel Warehouse with Roll-Up Doors Title is generated by Realmo AI

    3121 E Columbia Street, Tucson, AZ 85714

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    Claim this Listing
    Pending
    $475,000

    COMMERCIAL - Tucson, AZ

    Property size:
    4,500 SF
    Lot size:
    0.33 Acres
    Added:
    Apr 19, 2023
    Days on Market:
    1176
    Last Refresh:
    Jul 7 at 3:06 am

    Property Features for 3121 E Columbia Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Pima County - CI1
    Parking
    15
    Parking features
    Fenced
    Fencing
    Chain Link
    Standard status
    Pending
    APN
    132-23-151A
    Size
    4,500 SF
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Description
    LOT 00025 BLOCK 00D INDUSTRIAL PARK SITE MAP 13 PLAT 56
    Tax Annual Amount
    6253

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Natural Gas
    Cooling system
    Evaporative Cooling
    Water source
    Public

    Building Details

    Year built
    2004
    Building materials
    Metal Siding
    Roof type
    Metal

    We can help!

    Contact an agent
    Christopher D Adams

    Listing agent Christopher D Adams License #SA672809000

    Listing office Realty Executives Arizona Territory 958 E Rodeo Suite 25, Tucson, AZ

    Listing date Apr 19, 2023

    MLS# 22308611

    Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Long‑term tenant in place, providing immediate rental income.
    • 4,500 SF steel building with HIGH CEILINGS (16'-20').
    • 3‑Phase Power, suitable for various industrial or commercial uses.
    • Three 12' roll‑up garage doors (10' width) for easy access.
    • Fully fenced 1/3‑acre lot with front security gate for enhanced security.
    • Two newer evaporative coolers and two gas heaters for climate control.

    Overview

    This property is a 4,500-square-foot steel warehouse situated on a 0.33-acre lot. The building has three 12' roll-up garage doors, each with 10' width, providing direct drive-in access. Interior ceiling height ranges from 16' to 20'. The space includes a half bathroom, a lobby area, and an electric water heater. Mechanical and power improvements include two newer evaporative coolers, two gas heaters, and 3-phase power.

    The warehouse is fully fenced and includes a front security gate, supporting controlled access for employees, vehicles, and deliveries. The property is zoned Pima County CI1, aligning with industrial uses under county zoning.

    The building may suit tenants or buyers seeking a functional industrial facility with multiple overhead doors and on-site utilities such as heaters and 3-phase power. Public remarks note there is a long-term tenant who would like to continue leasing, which may be relevant for buyers considering an ongoing lease situation. All details should be confirmed through due diligence prior to purchase or lease commitment.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $49.1k $10.92
    − Vacancy −$2.6k −$0.57
    EGI $46.6k $10.35
    − OpEx −$7.0k −$1.55
    NOI $39.6k $8.80
    4,500 SF · lease $10.92/SF/yr · vacancy 5.20% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $565.7K
    $495.0K – $660.0K (±1% cap)
    NOI $39,597 @ 7.0% cap · market cap 8.34%
    Second Best
    Industrial
    $465.8K
    $407.6K – $543.5K (±1% cap)
    NOI $32,609 @ 7.0% cap · market cap 6.87%
    Theoretical Best
    Office A
    $1.17M
    $1.02M – $1.36M (±1% cap)
    NOI $81,829 @ 7.0% cap · market cap 17.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tucson Differential Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Accounting Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tech Support Center Bed & Breakfast Travel Agency Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Xcel Delivery Services — 3770 S Broadmont Dr, Tucson, AZ 85713
    • Hooch's Storage & Impound LLC — 3113 E 45th St, Tucson, AZ 85713

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.925515
    Latitude
    32.174014

    FAQs

    What type of property is this?
    Warehouse - Steel warehouse on a fenced lot with three 12' roll-up doors, 3-phase power, and multiple comfort systems for operations.
    Where is this warehouse located?
    The property is located at 3121 E Columbia Street Tucson, AZ.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Long‑term tenant in place, providing immediate rental income.; 4,500 SF steel building with HIGH CEILINGS (16'-20').; 3‑Phase Power, suitable for various industrial or commercial uses.
    More about this property
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