Tucson Office Building For
For Sale
Contact for pricing
655 - 675 E River Road, Tucson, AZ 85718
Office building available for purchase in Tucson, Arizona.
Property Size14,000 SF
Price / SF$195
Days on Market249
Property Features for 655 - 675 E River Road
General Information
Standard status
Active
Size
14,000 SF
Class
B
Property subtype
Office
Building Details
Tenancy
Multi
Listing Agency:
Volk Company Commercial Real Estate
Listed By:
David Volk · License #AZ BR027227000
(520) 495-2238
Source:
Crexi
Added: Jan 30
Changed: Oct 4
Last Checked: Oct 5 at 7:33PM
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 Volk Company Commercial Real Estate
Investment Insights
Based on property information with market context.
A 14,000 square foot office building is available for purchase. The property is located on E River Road in Tucson, Arizona.
Key Highlights
- No property information was provided to generate selling points.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$204,574
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,091,480
$4.1M
Cap Rate 7%
$2,922,486
$2.9M
Cap Rate 9%
$2,273,044
$2.3M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$302.4K $21.60/SF
− Vacancy
−$29.6K −$2.12/SF
EGI
$272.8K $19.48/SF
− OpEx
−$68.2K −$4.87/SF
NOI
$204.6K $14.61/SF
Area
Tucson, AZ
Vacancy
9.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,091,480
Cap Rate 7%
$2,922,486
Cap Rate 9%
$2,273,044
Alternative Uses
Best Use
Office B
$2.92M
$2.56M – $3.41M
NOI $204,574 @ 7.0% cap · market cap 7.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.64M
$3.18M – $4.24M
NOI $254,580 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
838
Businesses Nearby
Explore this area
Business Placement
Demographics for 85718, AZ
28,706
Population
15,138
Households
1.9
Avg Household Size
54
Median Age
72%
College-Educated
98%
High-School Grad
23.6 sq mi
ZIP Area
1,216
Density / Sq Mi
$112,664
Median Household Income
$59,240
Median Earnings
$1,224
Median Rent
$677,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Tucson, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building available for purchase in Tucson, Arizona.
Where is this office building located?
The property is located at 655 - 675 E River Road Tucson, AZ.
What is the asking price?
The asking price for this property is $2,730,000.
What are key features of this property?
This property features: No property information was provided to generate selling points.
