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    Lambert Ln Tucson, AZ 85742

    For Sale
    $6,468,000

    Prime Oro Valley development land, stunning views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 44-acre property presents a remarkable opportunity for residential development in the highly sought-after Oro Valley, Arizona. Comprising two parcels, approximately 11.57 acres (parcel # 224-24-012A) and approximately 32.65 acres (parcel 224-24-0130), this expansive landholding is zoned R1-10, allowing for single-family residential construction. The property boasts an enviable location, situated approximately 1,540 feet east and 990 feet north of the well-lit intersection of Lambert Lane and La Cholla Boulevard, ensuring high visibility for potential future developments. Adding to its appeal is the adjacency to West Lambert Lane Park, offering residents access to natural hiking trails and breathtaking views of the undisturbed natural open space. The convenient location also benefits from a newly paved bike and walking path on the south side of Lambert Lane, providing easy access to a variety of restaurants, businesses, and retail shopping options. This prime location, combined with the substantial acreage and favorable zoning, makes this an exceptional investment opportunity for discerning developers seeking to capitalize on the strong demand for residential properties in Oro Valley. The asking price for this remarkable property is $6,468,000. The property's address is W Lambert Ln, N La Cholla Blvd, Oro Valley, AZ 85742, within Pima County.

    Property Features for 0 Lambert Ln

    General Information

    Property type
    Land

    HighLights

    • ±11.57 acres (parcel # 224‑24‑012A) and ±32.65 acres (parcel # 224‑24‑0130) for a total of ±44 acres.
    • 44‑acre land parcel in Oro Valley, AZ.
    • Excellent single‑family residential development opportunity in high‑demand Oro Valley.
    • Adjacent to West Lambert Lane Park with hiking trails and scenic views.
    • High visibility location near the intersection of Lambert Lane and La Cholla Boulevard.
    • Convenient access to restaurants, businesses, and retail via a nearby paved bike/walking path.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -111.0469123
    Latitude
    32.3953529

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    FAQs

    What type of property is this?
    Land - Prime Oro Valley development land, stunning views.
    Where is this land located?
    The property is located at Lambert Ln Tucson, AZ.
    What is the asking price?
    The asking price for this property is $6,468,000.
    What are key features of this property?
    This property features: ±11.57 acres (parcel # 224-24-012A) and ±32.65 acres (parcel # 224-24-0130) for a total of ±44 acres.; 44-acre land parcel in Oro Valley, AZ.; Excellent single-family residential development opportunity in high-demand Oro Valley.
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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
    Lambert Ln Tucson, AZ 85742
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