& Alvernon wy Sec Benson Hwy Tucson, AZ 85706
This exceptional 3-acre commercial land parcel, located at the southeast corner of Benson Highway and Alvernon Way in Tucson, Arizona (APN Parcel A- 140-32-7150 Parcel B- 140-32-7160), presents a unique investment opportunity. Zoned C-2, this property offers significant potential for retail development. The asking price is $925,000, translating to a land value of $7.50 per square foot. The strategic location benefits from its proximity to Interstate 10, providing easy access to major transportation routes. Furthermore, its advantageous position near Tucson International Airport and Davis-Monthan Air Force Base enhances its appeal. This corner lot is surrounded by 143 residential lots currently under construction by LGI Homes, creating a built-in customer base for future commercial ventures. The area is considered an underserved retail trade area, presenting a compelling opportunity to capitalize on unmet market demand. This property is situated in Pima County, Arizona, with a zip code of 85706. The coordinates are 32.146339 latitude and -110.9094099 longitude. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.