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    1200 El Dorado Pl Tucson, AZ 85715

    For Sale
    Contact for pricing

    70,006 SF Office/Medical Plaza, 8% Cap Rate

    Property size:
    70,006 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    El Dorado Square, a stunning 70,000+ square foot Class A office and medical plaza in Tucson, Arizona, presents a unique investment opportunity. This multi-tenant property boasts nine one and two-story buildings, each situated on separate tax parcels within an Opportunity Zone. The Spanish Mediterranean architecture, complemented by lush landscaping and fountains, creates a welcoming and relaxed atmosphere. Currently at 40% occupancy, the property offers significant upside potential with a modified lease structure. The buildings are configured for multi-tenant use, providing a variety of suite sizes to accommodate diverse needs. Located in Tucson's central northeast area, the plaza enjoys convenient access to Speedway Boulevard and Wilmot Road, placing it minutes from an abundance of restaurants, shopping, medical services, and fitness facilities. The property includes 260 parking spaces and is zoned C-1. The asking price per square foot is $150, with an attractive 8% cap rate. This exceptional property offers a blend of aesthetic appeal, prime location, and strong investment potential.

    Property Features for 1200 El Dorado Pl

    General Information

    Property type
    Medical offices
    Square Feet
    70,006 SF
    Class
    A

    HighLights

    • Prime location in a lush garden setting.
    • Buildings situated on separate tax parcels within an Opportunity Zone.
    • Excellent location near Speedway and Wilmot, with abundant shopping, dining, and medical facilities nearby.
    • Convenient access from Speedway Boulevard and Wilmot Road.
    • Multi‑tenant buildings offering diverse suite sizes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Jerome S. ... Dentist Tucson Oral & Maxillofacial ... Dentist Arizona Community Physicians ... Medical Clinic Global Engineering Research ... Engineer Jerry R. Day, ... Medical Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -110.8562698
    Latitude
    32.2381756

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    FAQs

    What type of property is this?
    Medical office - 70,006 SF Office/Medical Plaza, 8% Cap Rate
    Where is this medical office located?
    The property is located at 1200 El Dorado Pl Tucson, AZ.
    What are key features of this property?
    This property features: Prime location in a lush garden setting.; Buildings situated on separate tax parcels within an Opportunity Zone.; Excellent location near Speedway and Wilmot, with abundant shopping, dining, and medical facilities nearby.
    Request Owner's contact information
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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
    1200 El Dorado Pl Tucson, AZ 85715
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