Two-Building Warehouse
For Sale
Contact for pricing
Pending
576 & 580 W Ventura, Tucson, AZ 85705
C-2-zoned warehouse property with one occupied building and a second facility available for owner use or leasing.
Property Size15,961 SF
Lot Size0.76 Acres
Days on Market232
Property Features for 576 & 580 W Ventura
General Information
Standard status
Pending
Size
15,961 SF
Lot size
0.76 Acres
Property subtype
Industrial
Zoning
C-2
Site & Location
Neighborhood
San Ignacio Yaqui
Warehouse & Industrial
Clear Height
18 ft
Conditioned Warehouse
Yes
Additional Details
Gross Income
$57,600
Building Details
Year Built
1999
Buildings
2
Construction
steel frame
Listing Agency:
Waco Starr - Long Realty
Listed By:
Waco Starr · License #AZ
(520) 888-8844
Source:
Crexi
Added: Mar 5
Changed: Oct 6
Last Checked: Oct 23 at 5:50AM
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 Waco Starr - Long Realty
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Investment Insights
Based on property information with market context.
This warehouse property includes two steel-constructed buildings with corrugated metal exteriors on approximately 0.757 acres. The improvements total approximately 15,961 square feet, with one building measuring approximately 7,561 square feet and the second measuring approximately 8,400 square feet. Both buildings feature 18-foot ceilings, four private offices, two bathrooms, a kitchenette or break area, and large open warehouse space. Mini-split systems serve the office areas, while commercial air conditioning serves the warehouse areas. The property was built in 1999 and is zoned C-2.
The 7,561-square-foot building is tenant-occupied, while the 8,400-square-foot building is vacant. The vacant building may accommodate an owner-user, expansion by the existing tenant, or a separate occupant, subject to applicable zoning and use requirements. The property is located at 576 & 580 W Ventura in Tucson, Arizona.
The 7,561-square-foot building is tenant-occupied, while the 8,400-square-foot building is vacant. The vacant building may accommodate an owner-user, expansion by the existing tenant, or a separate occupant, subject to applicable zoning and use requirements. The property is located at 576 & 580 W Ventura in Tucson, Arizona.
Key Highlights
- Two warehouse buildings totaling approximately 15,961 sq ft on approximately 0.757 acres
- 7,561 sq ft building is tenant‑occupied; 8,400 sq ft building is vacant
- 18 ft ceilings in both steel‑constructed warehouse buildings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,469
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,469,380
$2.5M
Cap Rate 7%
$1,763,843
$1.8M
Cap Rate 9%
$1,371,878
$1.4M
Market Conditions
NOI Build-Up for 15,961 SF
Gross rent
$153.2K $9.60/SF
− Vacancy
−$8.0K −$0.50/SF
EGI
$145.3K $9.10/SF
− OpEx
−$21.8K −$1.37/SF
NOI
$123.5K $7.74/SF
Area
ZIP 85705
Vacancy
5.20%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,469,380
Cap Rate 7%
$1,763,843
Cap Rate 9%
$1,371,878
Alternative Uses
Best Use
Warehouse
$1.76M
$1.54M – $2.06M
NOI $123,469 @ 7.0% cap · market cap 5.88%
Second Best
Flex RnD
$1.67M
$1.46M – $1.95M
NOI $117,026 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$3.67M
$3.21M – $4.28M
NOI $257,097 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
18 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,139
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Industrial in Tucson, AZ
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Frequently Asked Questions
What type of property is this?
Warehouse - C-2-zoned warehouse property with one occupied building and a second facility available for owner use or leasing.
Where is this warehouse located?
The property is located at 576 & 580 W Ventura Tucson, AZ.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Two warehouse buildings totaling approximately 15,961 sq ft on approximately 0.757 acres; 7,561 sq ft building is tenant‑occupied; 8,400 sq ft building is vacant; 18 ft ceilings in both steel‑constructed warehouse buildings
