Property profile

4690 Oracle Rd Tucson, AZ 85705

OFF-MARKET
Office buildings
Property ID
US07-0990110
6,300 SF 1.98 ac lot Built 1987
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 211,152 square foot retail property, located at 4690 N. Oracle Road in Tucson, Arizona, presents a unique investment opportunity. The three-story building, situated on a 5.15-acre lot, boasts a flexible layout with multiple spaces available, ranging from 24,808 to 26,141 contiguous square feet. Currently, 76,597 square feet are vacant, offering significant potential for adaptive reuse. Originally constructed in 1980 and extensively renovated in 2015, the building features a robust power supply (4000Amp, 480-240 Volt, 3-Phase) and is zoned C-3. Previous uses include a state-of-the-art call center, movie theaters, a fitness facility, and extensive food service areas, showcasing its versatility. The property includes a four-level parking garage with approximately 1,050 covered spaces, ensuring ample parking for tenants and customers. This prime location in Pima County, with its convenient access and existing infrastructure, makes it ideal for a variety of retail ventures. The minimum divisible space is 24,808 square feet, providing options for various business needs. The property's history and existing amenities offer a strong foundation for a successful redevelopment or repurposing project. This is a rare opportunity to acquire a substantial retail space in a desirable Tucson location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1987
Construction FRAME
Total area 6,300 SF
Lot 1.98 ac (86,388 SF)
APN 105-11-0470
UPID US07-0990110

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4690 Oracle Rd Tucson, AZ 85705-1698
Tucson metro Census 4510 TUCSON, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$880k
CAP Approach CAP
$1.19M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.04M

Owner & transaction history

since 2019
5 recorded transactions
2019
$27.2M
2017
$23.5M
2015
Price N/A
1992
$4.8M
1991
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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