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    OFF-MARKET
    Land

    0 Sec Lee St & Alvernon Way, Tucson, AZ 85712

    1,000 SF 1.84 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Total area 1,000 SF
    Lot 1.84 ac (80,150 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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