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321-327 S Kino Pw Parkway S, Tucson, AZ, 85719
Warehouse-Showroom with Office

321-327 S Kino Pw Parkway S Tucson, AZ 85719

For Sale
$1,400,000

COMMERCIAL - Tucson, AZ

Property Size9,482 SF
Lot Size0.81 Acres
Price / SF$147.65
Days on Market190

Property Features for 321-327 S Kino Pw Parkway S

General Information

Property type Commercial Sale
Property subtype Other
Zoning Tucson - I1
Fencing Chain Link
Accessibility Accessible Doors
Standard status Active
APN 129-04-2850
Size 9,482 SF
Lot size 0.81 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description American Villa Resub Lot 8 & Aband 20 X 96' Alley Exc W2 Ptn Alley Lyg E Lot 9 Blk 18 -Plus 3 additional lots
Tax Annual Amount 14045

Utilities

Heating system Zoned
Cooling system Zoned

Building Details

Year built 1972
Building materials Block
Roof type Metal, Built-Up
Listing Agency: Tierra Antigua Realty
Listed By: Patrick R Teske
Added: Jan 19 Changed: Jul 2 Last Checked: Jul 28 at 2:06AM
MLS# 22601847

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.

Investment Insights

Based on property information with market context.

This centrally located warehouse-showroom property includes office space and warehouse areas that have been used as a showroom, office, and warehouse for many years. The building is equipped with a fire sprinkler system, and the property is zoned Tucson I-1. The site is made up of four separate parcels, each with its own tax code.

Access includes street frontage and alley access on both the north and south sides. The property also includes parcel codes 129-04-2850, 129-04-2860, 129-04-2940, and 129-04-2950, providing multiple legal descriptions within the overall offering.

With zoning that supports a range of industrial uses, the configuration can accommodate users seeking a combination of showroom, office, and warehouse space on a centrally accessible site.

Key Highlights

  • Warehouse showroom with offices; built in 1972 and constructed with block.
  • Metal and built‑up roof; zoned heating and zoned cooling.
  • Fire sprinkler system on‑site.

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 $103.5k $10.92
− Vacancy −$5.4k −$0.57
EGI $98.2k $10.35
− OpEx −$14.7k −$1.55
NOI $83.4k $8.80
9,482 SF · lease $10.92/SF/yr · vacancy 5.20% · expense 15.00%

Alternative Uses

Best Use
Office B
$1.98M
$1.73M – $2.31M (±1% cap)
NOI $138,555 @ 7.0% cap · market cap 9.90%
Second Best
Warehouse
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,435 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$2.46M
$2.16M – $2.87M (±1% cap)
NOI $172,424 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Flex space

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Frequently Asked Questions

What type of property is this?
Flex space - Warehouse showroom space with offices, fire sprinkler system, and Tucson I-1 zoning across multiple parcels.
Where is this flex space located?
The property is located at 321-327 S Kino Pw Parkway S Tucson, AZ.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Warehouse showroom with offices; built in 1972 and constructed with block.; Metal and built‑up roof; zoned heating and zoned cooling.; Fire sprinkler system on‑site.
More about this property
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