Property summary
This exceptional offering presents two prime development parcels ideally situated in the heart of Downtown Tucson, near the University of Arizona. The first parcel, located at 139 E Toole Ave (APN 117-16-007B), encompasses approximately 1.1 acres (47,916 square feet) and is zoned I-1 by the City of Tucson. This site benefits from several overlays, including the Infill Incentive District and Toole Avenue Sub District, allowing for the construction of a mid-rise building up to six stories and 75 feet in height. The second parcel, situated at 140 E Alameda St, comprises approximately 0.39 acres (16,800 square feet) and is zoned OCR-2 by the City of Tucson. This zoning permits buildings up to 300 feet in height. Both properties present significant potential for a variety of commercial and multifamily developments, capitalizing on the vibrant and growing Tucson market. The combined 1.49 acres offers a unique opportunity to create a substantial and impactful project in a highly desirable location. Detailed zoning information and site plans are available upon request. This is a rare chance to acquire strategically located land in a dynamic urban environment with excellent potential for high returns. Don't miss this opportunity to shape the future of Downtown Tucson.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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