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    4121 1St Ave Tucson, AZ 85719

    For Sale
    $3,297,425

    3.03 Acres, C-1 Zoning, $3.2M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 3.03-acre commercial land parcel presents a unique investment opportunity in Tucson, Arizona. Located at the southwest corner of 1st Avenue and Limberlost Road, this property boasts a highly desirable C-1 zoning designation, offering a wide range of development possibilities. The asking price is $3,297,425, translating to a land value of $25 per square foot. Situated in the thriving Tucson Mall trade area, this location benefits from proximity to affluent residential neighborhoods in the foothills and provides easy access to the University of Arizona campus via a major arterial road. The site is also conveniently located near a variety of amenities, including restaurants, shopping centers, and service businesses. A significant advantage is its position directly across from one of Tucson's top-performing LA Fitness gyms, ensuring high visibility and foot traffic. This property's strategic location and zoning make it an ideal site for a diverse range of commercial ventures, promising strong returns on investment. The address is 4121 N 1st Ave, Tucson, AZ 85719, within Pima County. This is a rare opportunity to acquire a substantial commercial land parcel in a prime location with excellent growth potential.

    Property Features for 4121 1St Ave

    General Information

    Property type
    Land
    Lot Size
    131,987 SF

    HighLights

    • Tucson Mall trade area.
    • Proximity to affluent Foothills neighborhoods.
    • Major arterial access to the University of Arizona.
    • Abundant nearby restaurants, shopping, and services.
    • Across from a high‑performing LA Fitness.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -110.961705
    Latitude
    32.282071

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    FAQs

    What type of property is this?
    Land - 3.03 Acres, C-1 Zoning, $3.2M
    Where is this land located?
    The property is located at 4121 1St Ave Tucson, AZ.
    What is the asking price?
    The asking price for this property is $3,297,425.
    What are key features of this property?
    This property features: Tucson Mall trade area.; Proximity to affluent Foothills neighborhoods.; Major arterial access to the University of Arizona.
    Request Owner's contact information
    4121 1St Ave Tucson, AZ 85719
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    Tucson, AZ 85719
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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
    4121 1St Ave Tucson, AZ 85719
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