153 Tubac Rio Rico, AZ 85648
This exceptional 37.69-acre commercial land parcel presents a unique investment opportunity in Rio Rico, Arizona. Located at 153 TBD Circulo Milpas, Tubac, this property boasts breathtaking views and numerous potential building sites overlooking Josephine Canyon. The land is situated on a paved road, offering convenient access. A capped well and electricity are already in place, simplifying development. The property is zoned GR and features seasonal live water in Josephine Canyon Creek, making it ideal for a variety of commercial ventures. The parcel is part of a gated community, providing added security and exclusivity. Site-built homes are permitted, and the property's size allows for potential subdivision, increasing its overall value and development flexibility. This rare offering is perfect for those seeking a large-scale commercial project in a picturesque setting. The APN is 112-38-153, and the asking price is $219,000, translating to approximately $5,810.56 per acre. Don't miss this chance to acquire this exceptional piece of Arizona land. The zip code is 85648, and the property is located in Santa Cruz County. This is a truly remarkable opportunity for commercial development in a desirable location.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.