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Mixed-Use Property with Auto Shop

4545-4551 E Speedway Blvd, Tucson, AZ 85712

For Sale
$1,000,000

C-2-zoned property combines automotive service space with storefront uses in a multi-building configuration.

Property Size12,008 SF
Lot Size1.10 Acres
Price / SF$83.28
Days on Market598

Property Features for 4545-4551 E Speedway Blvd

General Information

Standard status Active
Size 12,008 SF
Lot size 1.10 Acres
Property subtype Commercial
Zoning C-2

Site & Location

Road Access Yes
Mixed-Use Components retail, auto shop

Additional Details

Asking Price $1,000,000
Automotive Uses auto repair
Real Estate Included Yes

Amenities

Monument signage
Roll-up doors

Building Details

Year Built 1960
Buildings 3
Tenancy Multi
Listing Agency: Larsen Baker, LLC
Listed By: George C Larsen
Source: Viewtucsonhomesforsale
Added: Mar 23, 2025 Changed: Nov 10 Last Checked: Nov 10 at 2:19PM

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 Larsen Baker, LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mixed-use property brings together an auto shop and storefront space across three buildings, arranged in five tenant configurations. The improvements total 12,008 square feet on a 47,600-square-foot site, approximately 1.1 acres. Roll-up doors are among the property’s physical features, and the site carries C-2 zoning under the City of Tucson designation.

The property fronts Speedway Boulevard, with approximately 170 feet along the roadway. Nearby businesses identified in the surrounding area include Sprouts Farmers Market, Chase Bank, Royal Kia, Pep Boys, Circle K, Ignite Fitness, restaurants and auto services.

Key Highlights

  • Three buildings with five tenant configurations
  • 12,008 SF of building area on a 47,600 SF lot (approx. 1.1 acres)
  • Approximately 170 ft of frontage on Speedway Blvd

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$87,016
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,740,320 $1.7M
Cap Rate 7%
$1,243,086 $1.2M
Cap Rate 9%
$966,844 $966.8K
Market Conditions
NOI Build-Up for 12,008 SF
Gross rent
$131.1K $10.92/SF
− Vacancy
−$6.8K −$0.57/SF
EGI
$124.3K $10.35/SF
− OpEx
−$37.3K −$3.11/SF
NOI
$87.0K $7.25/SF
Area
Tucson, AZ
Vacancy
5.20%
Lease Rate
$10.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,740,320
Cap Rate 7%
$1,243,086
Cap Rate 9%
$966,844

Alternative Uses

Best Use
Mixed Use
$2.11M
$1.84M – $2.46M (±1% cap)
NOI $147,518 @ 7.0% cap · market cap 14.75%
Second Best
Retail
$1.63M
$1.43M – $1.90M (±1% cap)
NOI $114,141 @ 7.0% cap · market cap 11.41%
Theoretical Best
Office A
$3.12M
$2.73M – $3.64M (±1% cap)
NOI $218,357 @ 7.0% cap · market cap 21.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Kitchen & Bath Showroom Nursing Home

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 85712, AZ

33,108
Population
18,215
Households
1.8
Avg Household Size
44
Median Age
37%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
4,869
Density / Sq Mi
$48,185
Median Household Income
$39,090
Median Earnings
$947
Median Rent
$250,400
Median Home Value

Market

Vacancy Rate% for Retail in Tucson, AZ

7.4% 2019
8.3% 2020
7.5% 2021
6.8% 2022
6.5% 2023
6.4% 2024
6.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - C-2-zoned property combines automotive service space with storefront uses in a multi-building configuration.
Where is this mixed-use property located?
The property is located at 4545-4551 E Speedway Blvd Tucson, AZ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Three buildings with five tenant configurations; 12,008 SF of building area on a 47,600 SF lot (approx. 1.1 acres); Approximately 170 ft of frontage on Speedway Blvd
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