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Property profile & analytics
OFF-MARKET
Land

6219 Sears Blvd Tucson, AZ 85706

8.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.3-acre commercial land parcel presents a unique investment opportunity in Tucson, Arizona. Situated at the northeast corner of Sears Boulevard and Ginter Road, this property enjoys unparalleled access to major transportation arteries, including Interstate 10 and Interstate 19. Its strategic location places it within easy reach of Tucson's significant employment hubs, encompassing Tucson International Airport, Raytheon, Davis-Monthan Air Force Base, and Downtown Tucson, ensuring strong potential for future development. The property is zoned R-2 within the City of Tucson, permitting medium-density residential development, including single-family and multifamily projects. Under R-2 zoning, the maximum single-family density is one unit per 5,000 square feet, while multifamily development allows for a maximum of 15 units per acre. It's important to note that while the current zoning is R-2 (Residential), the Kino Area Plan designates this land for industrial use, presenting a compelling case for future zoning adjustments. The asking price for this substantial land holding is $1,800,000. This presents a significant opportunity for developers seeking to capitalize on Tucson's robust growth and strategic location. The property's size and location make it ideal for a variety of commercial and residential projects, subject to necessary approvals and zoning considerations. Further due diligence is recommended to fully assess the development potential of this exceptional property.

Property profile
Verified
Property type Land
Lot 8.3 ac (361,548 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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