10 S Houghton Rd Tucson, AZ 85748
Property profile & analytics
10 S Houghton Rd Tucson, AZ 85748
- Strip malls
- 55,643 SF
- 7.19 lot acres
Property ID
US07-1405053
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 10 S Houghton Rd
- Year built
- 1999
- Construction
- FRAME
- Lot size
- 7.19 lot acres
- Property size
- 55,643 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 133-48-128F
- APU
- 13348128F
Description
This exceptional 2,040-square-foot retail space is situated on a highly visible corner lot at the intersection of Broadway Boulevard and Houghton Road in Tucson, Arizona. The property, built in 1999, sits on a 7.2-acre parcel and is part of the Montesa Plaza shopping center. This single-tenant space offers immediate occupancy and benefits from the strong tenancy of the surrounding center, anchored by Galaxy Theatres, the only theatre in east Tucson. Other notable tenants include Starbucks, UPS Store, Cost Cutters, and Robek's Juice. The location boasts excellent visibility and accessibility, with five points of ingress/egress. The recent Broadway Improvements Project has enhanced the area with four-lane expansion, new drainage, sidewalks, and landscaping. The property serves an affluent demographic, with average household incomes exceeding $104,000, significantly higher than the Tucson average. Many existing tenants have occupied the center since its construction, demonstrating the location's long-term appeal. This prime retail space presents a unique opportunity for businesses seeking high visibility and a strong tenant base in a thriving community. The property is located in Pima County, Arizona, with a zip code of 85748.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $9,445,000
- 6.5%
- $8,720,000
- 7%
- $8,095,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $16,100,000 Current use
- COMMERCIAL (GENERAL)
- $18,900,000 Change: +17% Conversion: Easy
- AUTO REPAIR, GARAGE
- $15,145,000 Change: -6% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.774
- Latitude
- 32.2197
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$213,871
$258,942
$1,170,687
$1,429,629
-
$1,726,283
$7,804,579
$9,530,862
