Two-Building Industrial Flex
580 W Ventura Street Tucson, AZ 85705
580 W Ventura Street, Tucson, AZ, 85705
$1,980,000
For Sale
$1,980,000
Two steel-constructed warehouse buildings on C-2 zoned land, with one tenant-occupied unit and one vacant for flexibility.
Property Size15,961 SF
Lot Size0.76 Acres
Price / SF$124.05
Days on Market161
Property Features for 580 W Ventura Street
General Information
- Standard status
- Active
- Size
- 15,961 SF
- Lot size
- 0.76 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1999
Listing agency
Long Realty
(520) 548-7652
Listed by
Waco Starr
(520) 548-7652
Source
Xome
Added: Feb 10 Updated: Jul 20 at 5:32PM Checked: Jul 21 at 3:54AM
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
Investment Insights
Based on property information with market context.
This two-building industrial flex property consists of two steel-constructed warehouse buildings with corrugated metal construction, designed for durable, functional use. One building is tenant-occupied and currently generating rental income, while the second building is vacant and available for an owner-user, expansion, or future leasing. Each building includes four private offices, two bathrooms, a kitchenette/break area, and a large open warehouse area.
Heating and cooling are provided through multiple mini-split systems serving the office areas, along with commercial air conditioning serving the warehouse spaces. The property is located in Tucson, Arizona, and is described as having convenient accessibility.
Both buildings support a flexible layout consistent with C-2 zoning, which allows a wide variety of commercial, industrial, training, distribution, and service-based uses.
Heating and cooling are provided through multiple mini-split systems serving the office areas, along with commercial air conditioning serving the warehouse spaces. The property is located in Tucson, Arizona, and is described as having convenient accessibility.
Both buildings support a flexible layout consistent with C-2 zoning, which allows a wide variety of commercial, industrial, training, distribution, and service-based uses.
Key Highlights
- Two steel‑constructed warehouse buildings totaling approximately 15,961 sq ft on about 0.75 acres
- C‑2 zoned industrial/flex property with multiple uses allowed for commercial, industrial, training, distribution, or service‑based uses
- $4,800/month rental income from a tenant‑occupied building totaling approximately 7,561 sq ft
Local Financial Insights For Warehouse
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 | $153.2k | $9.60 |
| − Vacancy | −$8.0k | −$0.50 |
| EGI | $145.3k | $9.10 |
| − OpEx | −$21.8k | −$1.37 |
| NOI | $123.5k | $7.74 |
15,961 SF · lease $9.60/SF/yr · vacancy 5.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.76M
$1.54M – $2.06M
NOI $123,469 @ 7.0% cap · market cap 6.24%
Second Best
Flex RnD
$1.67M
$1.46M – $1.95M
NOI $117,026 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$3.67M
$3.21M – $4.28M
NOI $257,097 @ 7.0% cap · market cap 12.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pinnacle Athletics Arizona
Gym & Fitness Center
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- Tucson Lock Storage — 1830 N 7th Ave, Tucson, AZ 85705
FAQs
What type of property is this?
Warehouse - Two steel-constructed warehouse buildings on C-2 zoned land, with one tenant-occupied unit and one vacant for flexibility.
Where is this warehouse located?
The property is located at 580 W Ventura Street Tucson, AZ.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: Two steel‑constructed warehouse buildings totaling approximately 15,961 sq ft on about 0.75 acres; C‑2 zoned industrial/flex property with multiple uses allowed for commercial, industrial, training, distribution, or service‑based uses; $4,800/month rental income from a tenant‑occupied building totaling approximately 7,561 sq ft
