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