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    1415 Cherry Ave Tucson, AZ 85713

    For Lease
    $15 SF/Yr ($13,200 /Mo)

    1-Story Manufacturing/Warehouse, Tucson, AZ

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 10,000-square-foot industrial property, located at 1415 South Cherry Avenue in Tucson, Arizona (zip code 85713), presents a unique investment opportunity. The single-tenant building, classified as Class B, boasts a versatile layout ideal for various uses, including manufacturing, research and development, and warehousing. Built in 1986 and extensively renovated in 2023, the property features a 14'-17' ceiling height and is equipped with one loading dock, one dock-high door, and one drive-in door. Power is supplied by a 600 AMP 3-phase 208/120v system, supplemented by a 400-amp and 200-amp capacity. The 0.77-acre lot is zoned I-1 Light Industrial by the City of Tucson (APN: 129-08-064C). Recent improvements include the complete replacement of all eight HVAC units, creating a 100% climate-controlled environment. A new parking lot, constructed on a new base, features vertical curbing and fresh asphalt. The property's central location and functional design make it an attractive option for a wide range of industrial businesses. Annual property taxes are $1.24 per square foot. The building's floor area ratio (FAR) is 10,000.

    Property Features for 1415 Cherry Ave

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Class
    B
    Total Rate
    13200

    Building Details

    Year Built/Renovated
    1986/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    10,000 SF
    Rate per SF
    $15

    HighLights

    • 100% HVAC.
    • Centrally located with excellent access.
    • Close proximity to I‑10 via 22nd Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    J & M Corporation Motorcycle Parts Store Lazzeroni Inc Ammunition Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -110.9476485
    Latitude
    32.2041395

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    FAQs

    What type of property is this?
    Life science property - 1-Story Manufacturing/Warehouse, Tucson, AZ
    Where is this life science property located?
    The property is located at 1415 Cherry Ave Tucson, AZ.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 100% HVAC.; Centrally located with excellent access.; Close proximity to I-10 via 22nd Street.
    Request Owner's contact information
    1415 Cherry Ave Tucson, AZ 85713
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    Tucson, AZ 85713
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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
    1415 Cherry Ave Tucson, AZ 85713
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