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    2424 Broadway Blvd Tucson, AZ 85719

    Sponsored
    For Sale
    $1,395,000

    11,556 SF Office/Retail Space, $1.395M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11,556-square-foot office and retail building is ideally situated at 2424 E. Broadway Blvd in Tucson, Arizona, within the C-1 zoned area. Its prime location offers excellent visibility and accessibility on Broadway Boulevard, with close proximity to the University of Arizona and Downtown Tucson. The property boasts convenient at-door parking, supplemented by additional parking in a rear lot, including covered spaces. This presents a significant advantage for both employees and customers. The building's traditional office layout is highly adaptable to a variety of business needs. Furthermore, the property may qualify for potential financial incentives through the Rio Nuevo program, offering a compelling investment opportunity. The address is 2424 E Broadway Blvd, Tucson, AZ 85719, Pima County. This presents a rare chance to acquire a well-located, versatile commercial property in a thriving Tucson market. The asking price is $1,395,000. The property's central location and ample parking make it an attractive option for a wide range of businesses. The potential for Rio Nuevo incentives adds further value to this already strong investment prospect.

    Property Features for 2424 Broadway Blvd

    General Information

    Property type
    Retail properties

    HighLights

    • $1,395,000 asking price.
    • 11,556 square feet of net rentable space.
    • Office and retail property with C‑1 zoning.
    • Located at 2424 E Broadway Blvd, Tucson, AZ 85719, offering excellent Broadway visibility and proximity to the University of Arizona and Downtown Tucson.
    • Ample on‑site parking, including covered spaces.
    • Potential for Rio Nuevo financial incentives.
    Property Profile Location Intelligence

    Current Use by Public Records

    GRE Partners LLC Real Estate Agency Allied Insurance Group Auto Insurance Agency Amped Marketing Website Designer Tucson Homes and Foreclosures Real Estate Agency American Martial Arts ... Martial Arts Supply Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.9359709
    Latitude
    32.2211658

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    FAQs

    What type of property is this?
    Retail property - 11,556 SF Office/Retail Space, $1.395M
    Where is this retail property located?
    The property is located at 2424 Broadway Blvd Tucson, AZ.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: $1,395,000 asking price.; 11,556 square feet of net rentable space.; Office and retail property with C-1 zoning.
    Request Owner's contact information
    2424 Broadway Blvd 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
    2424 Broadway Blvd Tucson, AZ 85719
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