Automotive Property with
For Sale
$350,000
4811 N Jay Ave, Tucson, AZ 85705
Commercial lot with an existing office structure and infrastructure associated with prior used auto sales operations.
Property Size1,560 SF
Lot Size0.42 Acres
Price / SF$224.36
Days on Market51
Property Features for 4811 N Jay Ave
General Information
Standard status
Active
Size
1,560 SF
Lot size
0.42 Acres
Property subtype
Commercial
Additional Details
Road Access
Yes
Land Use
commercial
Building Details
Year Built
1973
Buildings
1
Listing Agency:
Long Realty
Listed By:
Matthieu C Smith · License #32859
(316) 371-0187
Source:
Thetucsonhomefinder
Added: Sep 1
Changed: Oct 13
Last Checked: Oct 20 at 10:23PM
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 Long Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This automotive property comprises a 0.42-acre commercial lot with a 1,560-square-foot office or on-site structure. The property includes lot infrastructure associated with its prior use as a used car dealership and has operated as an auto sales location for several years.
The site is located at 4811 N Jay Avenue in Tucson, within the 85705 area. Its existing configuration supports continued consideration for automotive sales or another commercial use, subject to applicable approvals and requirements.
The site is located at 4811 N Jay Avenue in Tucson, within the 85705 area. Its existing configuration supports continued consideration for automotive sales or another commercial use, subject to applicable approvals and requirements.
Key Highlights
- 0.42‑acre commercial lot
- 1,560‑square‑foot office or on‑site structure
- Previously operated as a used car dealership
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,281
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,620
$305.6K
Cap Rate 7%
$218,300
$218.3K
Cap Rate 9%
$169,789
$169.8K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$24.3K $15.60/SF
− Vacancy
−$2.5K −$1.61/SF
EGI
$21.8K $13.99/SF
− OpEx
−$6.5K −$4.20/SF
NOI
$15.3K $9.80/SF
Area
ZIP 85705
Vacancy
10.30%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,620
Cap Rate 7%
$218,300
Cap Rate 9%
$169,789
Alternative Uses
Best Use
Retail
$218.3K
$191.0K – $254.7K
NOI $15,281 @ 7.0% cap · market cap 4.37%
Second Best
Industrial
$150.8K
$132.0K – $176.0K
NOI $10,559 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$359.0K
$314.1K – $418.8K
NOI $25,128 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
63k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 72%
Shops & Services 27%
Apparel 1%
Walmart Neighborhood Market
Groceries
45,616 visits/mo
0.3 miles
Circle K
Shops & Services
12,485 visits/mo
0.2 miles
Speedway
Shops & Services
4,269 visits/mo
0.2 miles
Ewing Outdoor Supply
Apparel
634 visits/mo
0.2 miles
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 Retail in Tucson, AZ
Similar Off Market Nearby
- U-Haul Neighborhood Dealer — 2502 W Lily Ave, Tucson, AZ 85705
- United Access — 4720 N La Cholla Blvd #150, Tucson, AZ 85705
- U-Haul Neighborhood Dealer — 5120 N La Cholla Blvd, Tucson, AZ 85705
- ATM (Diamond Shamrock) — 5005 N La Cañada Dr, Tucson, AZ 85704
Frequently Asked Questions
What type of property is this?
Automotive property - Commercial lot with an existing office structure and infrastructure associated with prior used auto sales operations.
Where is this automotive property located?
The property is located at 4811 N Jay Ave Tucson, AZ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 0.42‑acre commercial lot; 1,560‑square‑foot office or on‑site structure; Previously operated as a used car dealership
