Mixed-Use Income
41855 S Sasabe Highway Sasabe, AZ 85633
New
For Sale
$3,500,000
MULTI_FAMILY - Pueblo - Sasabe, AZ
Property Size9,052 SF
Lot Size114.52 Acres
Price / SF$386.65
Days on Market2
Property Features for 41855 S Sasabe Highway
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
Pima County - RH
Parking
4
Security features
Security Lighting
Patio and Porch features
Patio
Interior features
Adobe, Energy Star Appliance
Exterior features
Barbecue
Fencing
Barbed Wire
Accessibility
Accessible Approach with Ramp
Appliances
Double Sink, Electric Range, Freezer, Refrigerator
Standard status
Active
APN
302-37-005P
Size
9,052 SF
Lot size
114.52 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 1 6 & PTN 7 LYG E OF SASABE RD & PTN N2 N2 LYG E OF SASABE RD 114.52 AC SEC 29-22-8
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas, Propane (Heating), Floor Furnace
Cooling system
Ceiling Fan(s), Wall Unit(s)
Water source
Well
Building Details
Year built
1913
Number of units
2
Flooring type
Tile - Ceramic, Concrete
Building materials
Burnt Adobe, Metal Siding, Masonry Stucco
Roof type
Rolled Hot Mop, Membrane, Metal
Architectural style
Pueblo
Additional Structures
Kennel/Dog Run
Listing Agency:
Indie Realty, LLC
(520) 777-8973
Listed By:
Nathan Allen Morrison
(520) 461-0058
Added: Jul 29
Last Checked: Jul 30 at 2:06AM
MLS# 22618451
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 offering combines multiple tenant-occupied residential and commercial buildings, along with associated land, across three parcels. Property components referenced in the remarks include the Hill Top Bar, the Sasabe General Store, the U.S. Post Office, and multiple homes. The listing also notes approximately 441.59 acres total, with the property size reported as 9,052 square feet.
All three parcels are sold together under APNs 302-37-005G, 302-37-005P, and 302-38-001Z0. The property is located at 41855 S Sasabe Highway in Sasabe, Arizona, and is described as being near the Sasabe Port of Entry.
Zoning is listed as Pima County RH.
All three parcels are sold together under APNs 302-37-005G, 302-37-005P, and 302-38-001Z0. The property is located at 41855 S Sasabe Highway in Sasabe, Arizona, and is described as being near the Sasabe Port of Entry.
Zoning is listed as Pima County RH.
Key Highlights
- Historic Pueblo‑style property built in 1913, featuring burnt adobe construction with metal siding and masonry stucco
- Multiple tenant‑occupied residential and commercial buildings, including Hill Top Bar, Sasabe General Store, and U.S. Post Office
- Approximately 441.59 acres across three parcels sold together (APNs: 302‑37‑005G, 302‑37‑005P, 302‑38‑001Z0)
Financial Insights For Specialty Retail
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 | $181.4k | $20.04 |
| − Vacancy | −$3.8k | −$0.42 |
| EGI | $177.6k | $19.62 |
| − OpEx | −$44.4k | −$4.90 |
| NOI | $133.2k | $14.71 |
9,052 SF · lease $20.04/SF/yr · vacancy 2.10% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.90M
$1.66M – $2.22M
NOI $133,194 @ 7.0% cap · market cap 3.81%
Second Best
Retail
$1.71M
$1.49M – $1.99M
NOI $119,363 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$2.78M
$2.44M – $3.25M
NOI $194,871 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Tenant-occupied residential and commercial buildings are offered across three parcels with multiple business and home components.
Where is this quadplex located?
The property is located at 41855 S Sasabe Highway 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: Historic Pueblo‑style property built in 1913, featuring burnt adobe construction with metal siding and masonry stucco; Multiple tenant‑occupied residential and commercial buildings, including Hill Top Bar, Sasabe General Store, and U.S. Post Office; Approximately 441.59 acres across three parcels sold together (APNs: 302‑37‑005G, 302‑37‑005P, 302‑38‑001Z0)
