1045 Highland Ave Tucson, AZ 85719-6728
This exceptional 27,404-square-foot industrial building in Tucson, Arizona, presents a compelling owner-user or value-add opportunity. Built in 1970, this two-story structure sits on a 0.85-acre lot and features 4 dock-high doors, 12'-18' ceiling heights, and up to 21 parking spaces. The property boasts significant cold storage capabilities, including large cold rooms with varying temperature controls, ideal for food processing or similar uses. Currently vacant, this property offers a blank canvas for customization. Its I-1 zoning in Pima County provides flexibility for various industrial applications. Strategically located less than two miles from Interstate 10 and just 1.5 miles from downtown Tucson, this asset benefits from excellent access to major transportation routes and a strong surrounding demographic. The 500KVA/3-phase power supply ensures ample capacity for demanding operations. The asking price is $1,800,000, translating to $65.68 per square foot. This represents a rare chance to acquire a well-positioned industrial property with significant potential for immediate occupancy or strategic redevelopment. The property's size, features, and location make it an attractive investment for businesses seeking a functional and conveniently located facility in a thriving market.
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Allure event company Party Supply Store Rental Equipment Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.