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    2033 Speedway Blvd Tucson, AZ 85719

    Sponsored
    For Sale
    $2,170,000

    Tucson Office Building - $2.17M

    Property size:
    12,406 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Herder Building, a two-story, 12,406 square foot Class B office building, presents a unique owner-user investment opportunity in Tucson, Arizona. Located at 2033 E Speedway Blvd, this property boasts a prime Midtown location, situated on Speedway Boulevard and Campbell, offering exceptional visibility and accessibility. Built in 1980, the building is zoned C-1 City of Tucson and sits on a substantial 36,980 square foot lot (APN: 12307282B). The asking price is $2,170,000, translating to $175 per square foot. This multi-tenant building is adaptable to various office uses, including executive, medical, and traditional office spaces, making it suitable for a wide range of businesses. Its strategic location offers proximity to the University of Arizona, Downtown Tucson, and Banner Hospital, ensuring high visibility and convenient access to a diverse workforce and clientele. The modified lease structure provides flexibility for potential tenants. This is an exceptional opportunity to acquire a well-positioned commercial property in a thriving Tucson submarket. The building's size and location make it an ideal investment for both established businesses and those seeking expansion opportunities. The property's versatility and desirable location make it a strong contender in the Tucson commercial real estate market.

    Property Features for 2033 Speedway Blvd

    General Information

    Property type
    Medical offices
    Square Feet
    12,406 SF
    Class
    B

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    UAHS Center for Sleep ... Research Institute Blum Law Firm Attorney General Business Recoveries Business Related Childrens Action Alliance Non-Profit Organization Rasmussen Injury Law Law Firm

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply 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
    -110.9415687
    Latitude
    32.2362994

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    FAQs

    What type of property is this?
    Medical office - Tucson Office Building - $2.17M
    Where is this medical office located?
    The property is located at 2033 Speedway Blvd Tucson, AZ.
    What is the asking price?
    The asking price for this property is $2,170,000.
    Request Owner's contact information
    2033 Speedway 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
    2033 Speedway Blvd Tucson, AZ 85719
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