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Mixed-Use Property with Apartments
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435 West Miracle Mile, Tucson, AZ 85705

Existing apartments are offered with an adjoining parcel, creating a larger infill redevelopment assemblage.

Property SizeContact for details
Lot Size1.81 Acres
Days on Market54

Property Features for 435 West Miracle Mile

General Information

Standard status Active
Lot size 1.81 Acres
Property subtype Mixed Use, Land

Site & Location

Neighborhood Miracle Manor
Road Access Yes

Additional Details

Land Use residential
Listing Agency: NewGen Advisory Phoenix
Listed By: Jigar "Jay" Desai · License #AZ SA675144000
Source: Crexi
Added: Sep 11 Changed: Oct 25 Last Checked: Nov 1 at 3:12AM

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 NewGen Advisory Phoenix

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property includes existing apartments within a combined ±1.81-acre assemblage at 435 West Miracle Mile in Tucson. An immediately adjoining ±1.06-acre parcel, formerly occupied by a hotel, is also available, expanding the overall land position for a combined acquisition or redevelopment plan.

The property fronts historic Miracle Mile, a recognized Tucson corridor, and falls within the designated focus area of the “Thrive in 05” revitalization initiative. The assemblage combines existing multifamily improvements with additional land in an established urban setting.

Key Highlights

  • Combined assemblage totals approximately ±1.81 acres
  • Existing apartments included in the mixed‑use property
  • Adjacent ±1.06‑acre parcel also available for purchase

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

880
Businesses Nearby

Demographics for 85705, AZ

56,711
Population
29,145
Households
1.9
Avg Household Size
36
Median Age
20%
College-Educated
80%
High-School Grad
13.6 sq mi
ZIP Area
4,170
Density / Sq Mi
$36,606
Median Household Income
$27,220
Median Earnings
$924
Median Rent
$113,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Existing apartments are offered with an adjoining parcel, creating a larger infill redevelopment assemblage.
Where is this mixed-use property located?
The property is located at 435 West Miracle Mile Tucson, AZ.
What are key features of this property?
This property features: Combined assemblage totals approximately ±1.81 acres; Existing apartments included in the mixed‑use property; Adjacent ±1.06‑acre parcel also available for purchase
(520) 664-4091 Call to check price and availability
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