3820 40Th St Tucson, AZ 85713
- Industrial properties
- 7,600 SF
- 0.37 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 3820 40Th St
- Year built
- 1960
- Construction
- FRAME
- Lot size
- 0.37 lot acres
- Property size
- 7,600 SF
- Property type
- Industrial properties
- APN
- 132-04-1100
- APU
- 132041100
Description
This 7,600-square-foot industrial building in Tucson, Arizona, presents a compelling owner-user opportunity. Located at 3820-3832 E 40th St, this single-story, 1960-built structure underwent renovations in 2003, including a new peak roof and 3-phase power. The property sits on a 0.35-acre lot and is zoned CI-1. Features include a 12-foot ceiling height, two 10-foot roll-up doors, four air conditioning units, and two evaporative coolers. Additional improvements consist of a permitted paint booth, a 60-gallon compressor, and a 320-square-foot storage building with an 8-foot roll-up door. The building also offers four restrooms (one with a shower), a breakroom, offices, and a clean room. Secure, fenced yard areas are located on both sides and the rear, providing ample secure parking. The asking price is $799,000, translating to $105.13 per square foot. Occupancy is available September 1, 2024. The property's APN is 132-04-1100 and 132-04-109B.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $250,000
- 7%
- $230,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $225,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $230,000
- Mixed-Use
- $245,000
- Hospitality
- $200,000
- Educational
- $205,000
- Residential Income
- $270,000
- Energy
- $240,000
- Income-Based Land
- $275,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.91
- Latitude
- 32.1891
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA