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    2472 River Rd Tucson, AZ 85718

    Sponsored
    For Sale
    $125,000

    Prime Tucson commercial land, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 2,844 square foot commercial lot (APN 108240950), located at 2472 E River Rd, Tucson, AZ 85718, presents a unique development opportunity. Situated at the highly visible intersection of Hacienda Del Sol and River Road, this O-3 zoned property benefits from a traffic signal, maximizing visibility and accessibility. The lot includes approved architectural plans for a 1,418 square foot building from the Hacienda Del Sol Owners Association, although the city permit for these plans expired in 2023. While utilities are believed to be accessible via existing infrastructure, buyers are encouraged to verify during their due diligence. To facilitate a smooth transaction, a geotechnical report detailing soil conditions is available upon request. This comprehensive due diligence package, including ALTA survey and office guidelines, minimizes risk and streamlines the development process. The asking price is $125,000. This property offers significant potential for a quick return on investment due to its prime location and readily available development resources. Don't miss this chance to acquire a well-positioned commercial lot in a thriving Tucson neighborhood.

    Property Features for 2472 River Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -110.9352491
    Latitude
    32.2841795

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    FAQs

    What type of property is this?
    Land - Prime Tucson commercial land, ready to build.
    Where is this land located?
    The property is located at 2472 River Rd Tucson, AZ.
    What is the asking price?
    The asking price for this property is $125,000.
    Request Owner's contact information
    2472 River Rd Tucson, AZ 85718
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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
    2472 River Rd Tucson, AZ 85718
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