Building Details

Year Built 1913

Listing Agency: Indie Realty

Listed By: Nathan Allen Morrison Show Phone

Source: Seetucsonhouses

Added: Jul 10 Changed: Oct 6 Last Checked: Oct 5 at 7:15PM

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Investment Insights

Based on property information with market context.

This mixed-use holding combines tenant-occupied residences with several commercial buildings, creating a property that spans both housing and business uses. The improvements include the Hill Top Bar, Sasabe General Store, U.S. Post Office, and multiple homes. The property record identifies 1913 as the year built, while Pima County - RH is the stated zoning designation.

The offering encompasses approximately 441.59 acres across three parcels at 41855 S Sasabe Highway in Sasabe, Arizona. Its setting is near the Sasabe Port of Entry, providing a cross-border context for the existing residential and commercial uses. All three parcels are offered together, with rental occupancy already established across portions of the property.

Key Highlights

• Approximately 441.59 acres across three parcels
• Tenant‑occupied residential and commercial buildings
• Includes Hill Top Bar, Sasabe General Store, and U.S. Post Office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$133,194

Cap Rate

3.81%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,663,880 $2.7M

Cap Rate 7%

$1,902,771 $1.9M

Cap Rate 9%

$1,479,933 $1.5M

Market Conditions

NOI Build-Up for 9,052 SF

Gross rent

$181.4K $20.04/SF

− Vacancy

−$3.8K −$0.42/SF

EGI

$177.6K $19.62/SF

− OpEx

−$44.4K −$4.90/SF

NOI

$133.2K $14.71/SF

Area

Pima County, AZ

Vacancy

2.10%

Lease Rate

$20.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,663,880

Cap Rate 7%

$1,902,771

Cap Rate 9%

$1,479,933

Alternative Uses

Best Use

Specialty Retail

$1.90M

$1.66M – $2.22M (±1% cap)

NOI $133,194 @ 7.0% cap · market cap 3.81%

Second Best

Retail

$1.71M

$1.49M – $1.99M (±1% cap)

NOI $119,363 @ 7.0% cap · market cap 3.41%

Theoretical Best

Office A

$2.78M

$2.44M – $3.25M (±1% cap)

NOI $194,871 @ 7.0% cap · market cap 5.57%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Grocery and convenience stores

Location Intelligence

Trade Area within ½ mile

11

Businesses Nearby

Explore this area Business Placement

Demographics for 85633, AZ

51

Population

26

Households

2

Avg Household Size

41

Median Age

64%

High-School Grad

215.3 sq mi

ZIP Area

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Mixed-Use Property with Adobe Buildings

41750 S Sasabe Highway, Sasabe, AZ 85633

$3,500,000

14,325 SF

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Tenant-Occupied Mixed-Use Property

Sasabe, AZ 85633

$3,500,000

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Tenant-occupied homes and commercial buildings combine residential and business uses within a three-parcel offering.

Where is this mixed-use property located?

The property is located at 41855 S Sasabe Hwy Sasabe, AZ.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: Approximately 441.59 acres across three parcels; Tenant‑occupied residential and commercial buildings; Includes Hill Top Bar, Sasabe General Store, and U.S. Post Office