5700 Palo Verde Rd Tucson, AZ 85706
- Retail properties
- 1.92 lot acres
Current Use by Public Records
- La Loma Z / Taco Restaurant
- GourMex Foods Eatery / Mexican Torta Restaurant
- Ministerios Vida Abundante / Pentecostal Church
Property Details for 5700 Palo Verde Rd
- Year built
- 2000
- Construction
- STEEL FRAME
- Lot size
- 1.92 lot acres
- Property type
- Retail properties
- APN
- 140-31-2710
- APU
- 140312710
Description
This exceptional 83,464 square foot commercial land parcel presents a unique owner-user or development opportunity in Tucson, Arizona. Located at 5700 S Palo Verde Road, this property boasts 264 feet of frontage on Drexel Road, offering excellent visibility and accessibility. The property is zoned MU (Pima County), allowing for a wide range of uses including, but not limited to, religious institutions, schools, parks, and manufactured home parks. The existing 4,119 square foot building, formerly used as a church or school, could be repurposed or demolished to accommodate a new development. The property's strategic location provides easy access to Interstate 10, ensuring convenient commutes and strong potential for attracting customers or residents. The high daytime population in the surrounding area further enhances the property's appeal. This offering presents a compelling investment opportunity, particularly given its potential for expansion. The adjacent parcel to the east is also available for purchase, creating the possibility of acquiring a significantly larger land area for a combined price of $1,395,000. The APN is 140-31-2710. This property is priced at $695,000.
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
- -110.918
- Latitude
- 32.1483
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA
