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    American Ave Oracle, AZ 85623

    For Sale
    $179,000

    Prime Commercial Lot, American Ave

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 53,560 square-foot commercial land parcel is ideally situated on American Avenue in Oracle, Arizona, offering unparalleled visibility and accessibility. Zoned CB-2 in Pinal County, this flat, build-ready lot presents a unique opportunity for various commercial ventures. The property boasts excellent frontage along American Avenue, Oracle's main thoroughfare, ensuring high traffic exposure for your business. All utilities are conveniently available. Paved access is provided via American Avenue and Evergreen Drive. The location is advantageous, with easy access from Tucson and Phoenix, only a short 20-minute drive to Oro Valley and Tucson. Oracle's higher elevation (4500 ft) provides a significantly cooler climate than nearby metropolitan areas. This approximately one-acre lot presents a rare chance to establish a thriving business in a desirable location. The property's level terrain simplifies construction, and its prime location makes it suitable for a variety of commercial uses, including restaurants and retail establishments. The parcel number is 308-06-015B. The asking price is $179,000.

    Property Features for 0 American Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oracle
    County
    Pinal
    State
    Arizona
    Longitude
    -110.771279
    Latitude
    32.611452

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, American Ave
    Where is this land located?
    The property is located at American Ave Oracle, AZ.
    What is the asking price?
    The asking price for this property is $179,000.
    (520) 548-0216
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    American Ave Oracle, AZ 85623
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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
    American Ave Oracle, AZ 85623
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