1618 Alvernon Way Tucson, AZ 85712
- Commercial land
- 0.14 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1618 Alvernon Way
- Lot size
- 0.14 lot acres
- Property type
- Commercial land
- APN
- 122-13-3150
- APU
- 122133150
Description
This exceptional investment opportunity presents four fully improved office pads, ideally situated on Alvernon Way in Tucson, Arizona. Each pad boasts significant frontage, offering unparalleled visibility and accessibility. The property encompasses a total of 14,700 square feet, with individual pad sizes ranging from 4,351 to 4,950 square feet. All utilities are connected to each pad, simplifying the construction process. The land is zoned C-1 by the City of Tucson, and the development plan has received full approval, including inspections of all assurances. The property is located outside the floodplain (Flood Zone X, per FIRM Panel #04019C2281L and #0419C2282L, dated June 16, 2011). Individual lot tax information (2019) is available. The asking price for the entire property is $588,000, with individual lot pricing also available. This prime location on Alvernon Way, a rapidly developing corridor in Tucson, offers easy access to all parts of the city. The seller is open to selling the entire property or individual lots separately, providing flexibility for various investment strategies. The property's approved development plan (COT Activity #T09BU00522 S09-026, C9-08-15, C9-55-77, DD0-09-37, DRB-09-07) ensures a streamlined path to development. This is a rare opportunity to acquire fully improved, ready-to-build office pads in a high-demand location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.909
- Latitude
- 32.2422
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA
