1500 Oracle Rd Tucson, AZ 85705
- Automotive properties
- 1,909 SF
- 0.37 lot acres
Current Use by Public Records
- Levels Auto / Car Dealer
Property Details for 1500 Oracle Rd
- Year built
- 1963
- Construction
- FRAME
- Lot size
- 0.37 lot acres
- Property size
- 1,909 SF
- Property type
- Automotive properties
- APN
- 115-07-2480
- APU
- 115072480
Description
This exceptional owner-user opportunity presents a 2,164 square foot auto shop ideally situated on a 0.37-acre corner lot at 1500 N Oracle Rd, Tucson, AZ 85705. The property boasts a 1,909 square foot retail building seamlessly integrated with a 1,054 square foot workshop complete with a paint booth. The layout includes an open showroom and office area directly connected to the service bay, ensuring efficient workflow. Ample parking is provided with 18 spaces, including covered options, enhancing customer convenience. Additional features include a prominent monument sign, a high-clearance metal storage shed, and excellent frontage on Oracle Road, ensuring high visibility. Built in 1963, this single-story building sits on a C-3 zoned lot, offering flexibility for various automotive-related businesses. Its proximity to downtown Tucson and convenient I-10 access further enhances its appeal. The asking price is $2,000,000, translating to $924.21 per square foot. This fee-simple ownership opportunity presents a compelling investment for an established or aspiring automotive entrepreneur seeking a turnkey operation in a high-traffic area. The property's features, location, and zoning make it an attractive proposition for a variety of uses within the automotive sector. Don't miss this chance to acquire a well-established business in a thriving Tucson location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $265,000
- 6.5%
- $250,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $235,000
- Retail
- $285,000
- Mixed-Use
- $315,000
- Hospitality
- $260,000
- Educational
- $320,000
- Residential Income
- $255,000
- Energy
- $280,000
- Income-Based Land
- $290,000
- Food Service
- $320,000
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.978
- Latitude
- 32.2408
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA
