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    1650 Oracle Rd Tucson, AZ 85705

    Sponsored
    For Sale
    $1,150,000

    Historic Tucson Hotel, Great ROI Potential

    Property size:
    3,383 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 19-key hotel, the Quail Inn, presents a compelling investment opportunity in Tucson, Arizona. Located at 1650 N Oracle Rd, 85705, this fee-simple property boasts 3,383 square feet on a 0.56-acre lot. Built in 1946, the single-story building offers 30 parking spaces. The asking price is $1,150,000, translating to $354.71 per square foot. Eight units feature full kitchenettes, while the remaining units are equipped with water, gas, and electric hookups. Its prime location in central Tucson, near the University of Arizona and downtown, makes it attractive for various uses. The property is well-maintained and benefits from its location in an Opportunity Zone. The city actively supports conversion projects to address Tucson's housing shortage, making this ideal for an owner-operator seeking a turnkey hotel or an investor looking to repurpose the property into apartments, affordable housing, or a non-profit shelter. This represents a unique chance to acquire a well-positioned asset with significant upside potential.

    Property Features for 1650 Oracle Rd

    General Information

    Property type
    Motels
    Square Feet
    3,383 SF
    Lot Size
    24,394 SF

    Building Details

    Year Built
    1946
    Buildings
    1
    Stories
    1

    HighLights

    • Prime location in central Tucson, near the University of Arizona and downtown.
    • Attractive price for hotel owner‑operators or affordable housing/non‑profit conversions.
    • Well‑maintained, single‑story building showing pride of ownership.
    • Eight units have full kitchenettes; remaining units have water, gas, and electric hookups.
    • Located in an Opportunity Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quail Inn Motel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -110.9774114
    Latitude
    32.2423768

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    FAQs

    What type of property is this?
    Motel - Historic Tucson Hotel, Great ROI Potential
    Where is this motel located?
    The property is located at 1650 Oracle Rd Tucson, AZ.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Prime location in central Tucson, near the University of Arizona and downtown.; Attractive price for hotel owner-operators or affordable housing/non-profit conversions.; Well-maintained, single-story building showing pride of ownership.
    Request Owner's contact information
    1650 Oracle Rd Tucson, AZ 85705
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    Tucson, AZ 85705
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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
    1650 Oracle Rd Tucson, AZ 85705
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