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    7 University Blvd Tucson, AZ 85705

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    For Sale
    Contact for pricing

    Historic Tucson property, multi-use potential.

    Property size:
    12,076 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,076 square foot commercial property at 7 East University Boulevard in Tucson, Arizona, presents a unique investment opportunity. Built in 1926, this two-story building sits on a 12,197 square foot lot and boasts a prime location with strong traffic counts, approximately 20,483 average daily vehicles on both North Stone and East University Boulevard. The property features 23 parking spaces and is zoned C-3 and HR-3, allowing for diverse uses. Its adaptability makes it ideal for various commercial ventures, including restaurants, offices, or special purpose uses. The property's convenient location offers exceptional accessibility, situated within a "Walker's Paradise" neighborhood (Walk Score 91) with a Transit Score of 65. Its proximity to the University of Arizona (1.8 miles), Pima Community College Downtown Campus (0.5 miles), and I-10 (0.6 miles) ensures high visibility and accessibility. The surrounding area offers a wealth of amenities, including healthcare facilities (Health On University, Banner – University Medical Center, First CareRx), grocery stores (Fry's, Walmart), shopping and entertainment venues (Main Gate Square, Tucson Museum of Art), and numerous dining and banking options. The property's APN numbers are 117-03-1050

    Property Features for 7 University Blvd

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    12,076 SF

    Building Details

    Year Built
    1926
    Buildings
    12076
    Stories
    2

    HighLights

    • 12,076 SF historic building, adaptable for modern uses.
    • High traffic counts: ~20,483 ADV on N Stone & E University Blvd.
    • Excellent walkability (Walk Score 91) and transit access (Transit Score 65).
    • Prime location: 1.8 miles from UA, 0.5 miles from Pima CC, 0.6 miles from I‑10.
    • Abundant nearby amenities including healthcare, grocery, shopping, dining, and banking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Funeraria del Angel ... Funeral Home Arizona Mortuary University ... Funeral Home

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.9714979
    Latitude
    32.23187

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    FAQs

    What type of property is this?
    Church & religious facility - Historic Tucson property, multi-use potential.
    Where is this church & religious facility located?
    The property is located at 7 University Blvd Tucson, AZ.
    What are key features of this property?
    This property features: 12,076 SF historic building, adaptable for modern uses.; High traffic counts: ~20,483 ADV on N Stone & E University Blvd.; Excellent walkability (Walk Score 91) and transit access (Transit Score 65).
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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
    7 University Blvd Tucson, AZ 85705
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