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    Sec Lee St & Alvernon Way Tucson, AZ 85712

    For Sale
    Contact for pricing

    Four pads, 1.84 acres, C-1 zoning.

    Property size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial land offering presents a rare opportunity to establish a presence in a high-traffic Tucson location. Comprising four parcels totaling 1.84 acres, this property is zoned C-1, allowing for a variety of commercial uses. The site boasts four individual pads, ranging in size from 1,000 to 6,400 square feet, providing flexibility for various development plans. Its strategic location at the southeast corner of Lee Street and Alvernon Way places it within a quarter-mile of the major intersection of Speedway and Alvernon, boasting over 85,000 cars per day, ensuring high visibility and accessibility. Furthermore, the property's proximity to the University of Arizona, just over two miles away, with its student population exceeding 44,000, presents a significant market advantage. The property's APN numbers are 122-13-190B, 1910, 189B, and 188B. A Dairy Queen is slated to open soon, further enhancing the area's commercial appeal and attracting significant foot traffic. This prime location and versatile land offering makes it an ideal investment for developers and businesses seeking a thriving commercial environment in Tucson, Arizona, zip code 85712.

    Property Features for 0 Sec Lee St & Alvernon Way

    General Information

    Property type
    Land
    Square Feet
    1,000 SF
    Lot Size
    80,150 SF

    HighLights

    • Dairy Queen (coming soon) will be a co‑tenant.
    • Retail pads and shops available for lease.
    • High traffic location, less than a quarter mile from Speedway & Alvernon intersection (85,000+ CPD).
    • Excellent proximity to the University of Arizona (44,000+ students).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.9096597
    Latitude
    32.2415971

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    FAQs

    What type of property is this?
    Land - Four pads, 1.84 acres, C-1 zoning.
    Where is this land located?
    The property is located at Sec Lee St & Alvernon Way Tucson, AZ.
    What are key features of this property?
    This property features: Dairy Queen (coming soon) will be a co-tenant.; Retail pads and shops available for lease.; High traffic location, less than a quarter mile from Speedway & Alvernon intersection (85,000+ CPD).
    (602) 702-4663
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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.

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    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
    Sec Lee St & Alvernon Way Tucson, AZ 85712
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