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Property profile & analytics
OFF-MARKET
Land

& Alvernon Wy Sec Benson Hwy Tucson, AZ 85711

3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3-acre commercial land parcel presents a prime retail opportunity in Tucson, Arizona. Located at the intersection of Benson Highway and Alvernon Way, this C-2 zoned property enjoys a highly desirable corner location. Surrounding the property are 143 residential lots currently under construction by LGI Homes, ensuring a robust and growing customer base. The site benefits from its proximity to major transportation arteries, including Interstate 10, Tucson International Airport, and Davis Monthan Air Force Base, providing excellent accessibility for businesses and customers alike. Traffic counts are impressive, with Alvernon Way recording 17,315 vehicles per day (2017 data), Benson Highway at 6,180 vehicles per day, and Drexel Road at 5,141 vehicles per day. This underserved retail area offers significant growth potential, supported by a population exceeding 160,000 residents within a 5-mile radius, boasting an average household income of $48,121. The property's APN is 140-32-7150 & 140-32-7160. This location offers a unique chance to establish a thriving retail business in a rapidly developing area of Tucson. The C-2 zoning allows for a variety of commercial uses, making this a versatile and attractive investment opportunity.

Property profile
Verified
Property type Land
Lot 3 ac (130,680 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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