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    5700 Palo Verde Rd Tucson, AZ 85706

    Sponsored
    For Sale
    $695,000

    83,464 SF lot, MU zoning, prime location.

    Property size:
    4,119 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 83,464 square foot commercial land parcel presents a unique owner-user or development opportunity in Tucson, Arizona. Located at 5700 S Palo Verde Road, this property boasts 264 feet of frontage on Drexel Road, offering excellent visibility and accessibility. The property is zoned MU (Pima County), allowing for a wide range of uses including, but not limited to, religious institutions, schools, parks, and manufactured home parks. The existing 4,119 square foot building, formerly used as a church or school, could be repurposed or demolished to accommodate a new development. The property's strategic location provides easy access to Interstate 10, ensuring convenient commutes and strong potential for attracting customers or residents. The high daytime population in the surrounding area further enhances the property's appeal. This offering presents a compelling investment opportunity, particularly given its potential for expansion. The adjacent parcel to the east is also available for purchase, creating the possibility of acquiring a significantly larger land area for a combined price of $1,395,000. The APN is 140-31-2710. This property is priced at $695,000.

    Property Features for 5700 Palo Verde Rd

    General Information

    Property type
    Schools
    Square Feet
    4,119 SF

    HighLights

    • 83,464 SF land parcel.
    • Southwest corner of Drexel and Palo Verde Roads.
    • MU zoning permits diverse uses, including religious institutions, parks, schools, and manufactured home parks.
    • 264 feet of frontage on Drexel Road.
    • Convenient access to Interstate 10.
    • High daytime population density.
    Property Profile Location Intelligence

    Current Use by Public Records

    La Loma Z Taco Restaurant GourMex Foods Eatery Mexican Torta Restaurant Ministerios Vida Abundante Pentecostal Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.9181028
    Latitude
    32.1479835

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    FAQs

    What type of property is this?
    School - 83,464 SF lot, MU zoning, prime location.
    Where is this school located?
    The property is located at 5700 Palo Verde Rd Tucson, AZ.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: 83,464 SF land parcel.; Southwest corner of Drexel and Palo Verde Roads.; MU zoning permits diverse uses, including religious institutions, parks, schools, and manufactured home parks.
    Request Owner's contact information
    5700 Palo Verde Rd Tucson, AZ 85706
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    Tucson, AZ 85706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5700 Palo Verde Rd Tucson, AZ 85706
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