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    2040 Ruthrauff Rd Tucson, AZ 85705

    Sponsored
    For Sale
    $260,000

    Prime location, strong rental income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 0.32-acre mixed-use property in Tucson, Arizona, presents a compelling investment opportunity. Located at 2040 W Ruthrauff Rd, in Pima County (zip code 85705), this fee-simple property boasts a Class C designation and features a single-family residence (a double-wide mobile home) currently generating $1,300 in monthly rent, and three vacant RV sites with hookups, offering significant upside potential. The property is zoned MU, allowing for flexibility in future development. The existing single-family rental unit and RV pads contribute to an estimated annual gross income of $36,000 (based on full occupancy, with the SFR at $1500/month and RVs at $500/month). The property's strategic location on Ruthrauff Road, near the intersection of Flowing Wells and La Cholla, benefits from high traffic volume (estimated 25,000-30,000 vehicles daily), ensuring excellent visibility and accessibility. The property consists of four units total, spread across one story, with three RV pads. The APN is 104-120-04B. This offering presents a rare chance to acquire a mixed-use property with existing income and substantial growth potential in a thriving Tucson neighborhood. The property's versatility and prime location make it an ideal investment for both seasoned and aspiring investors seeking strong returns and future development possibilities.

    Property Features for 2040 Ruthrauff Rd

    General Information

    Property type
    Multifamily properties
    Class
    C
    Lot Size
    13,939 SF

    Building Details

    Stories
    1
    Units
    4

    HighLights

    • 0.32‑acre mixed‑use property in Tucson, AZ (85705), located at 2040 W Ruthrauff Rd, Pima County.
    • Class C property with a single‑family residence (double‑wide mobile home) generating $1,300/month rent and three vacant RV sites with hookups.
    • High‑traffic location near Flowing Wells & La Cholla Roads, with estimated daily traffic of 25,000‑30,000 vehicles.
    • Estimated annual gross income of $36,000 (based on full occupancy: $1,500/month for the SFR and $500/month per RV site).
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -111.01086524531
    Latitude
    32.294390456142

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    FAQs

    What type of property is this?
    Multifamily property - Prime location, strong rental income potential.
    Where is this multifamily property located?
    The property is located at 2040 Ruthrauff Rd Tucson, AZ.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: 0.32-acre mixed-use property in Tucson, AZ (85705), located at 2040 W Ruthrauff Rd, Pima County.; Class C property with a single-family residence (double-wide mobile home) generating $1,300/month rent and three vacant RV sites with hookups.; High-traffic location near Flowing Wells & La Cholla Roads, with estimated daily traffic of 25,000-30,000 vehicles.
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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
    2040 Ruthrauff Rd Tucson, AZ 85705
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