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    5028 Broadway Blvd Tucson, AZ 85711

    Sponsored
    For Sale
    $5,850,000

    6.1 Acres, C-1 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.1-acre development site is located at the southwest corner of Broadway and Rosemont Boulevards in Tucson, Arizona. Zoned C-1 by the City of Tucson, this property presents a rare opportunity for significant commercial development. The site boasts unparalleled visibility on a highly sought-after retail and office corridor, surrounded by approximately 1,500,000 square feet of corporate office space. Its strategic location places it within a thriving commercial area featuring national and regional retailers, restaurants, hotels, and entertainment venues, many reporting top sales figures in the Tucson market. The property's high-profile location offers exceptional visibility and brand recognition. Benefiting from close proximity to Davis-Monthan Air Force Base, the University of Arizona, and medical hubs, this site enjoys excellent accessibility and a strong demographic base. Broadway Boulevard provides direct access to Tucson's vibrant downtown area and Interstate-10, ensuring convenient connectivity throughout the region. The property's APN is 128-09-001B and a portion of 128-09-001A. The asking price is $5,850,000. This is the only retail site of this size available in Tucson's core. Don't miss this unique chance to acquire a premier development opportunity in a prime Tucson location.

    Property Features for 5028 Broadway Blvd

    General Information

    Property type
    Land
    Lot Size
    265,716 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Jerry Bob's On Broadway Breakfast Restaurant Brian and Kelly's Pumpkins ... Farmers' Market

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.88521094606
    Latitude
    32.221586798109

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    FAQs

    What type of property is this?
    Land - 6.1 Acres, C-1 Zoning, High Visibility
    Where is this land located?
    The property is located at 5028 Broadway Blvd Tucson, AZ.
    What is the asking price?
    The asking price for this property is $5,850,000.
    (520) 323-5100
    Request Owner's contact information
    5028 Broadway Blvd Tucson, AZ 85711
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    Tucson, AZ 85711
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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
    5028 Broadway Blvd Tucson, AZ 85711
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