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Property profile

1622 Swan Rd Tucson, AZ 85712

OFF-MARKET
Office Spaces
Property ID
US07-3427492
View Sample
5,184 SF 0.77 ac lot Built 1983
Trust Owned 10-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This single-tenant office building, located at 1622 N Swan Rd in Tucson, Arizona, offers 5,184 square feet of versatile space. Built in 1983, this Class B property sits on a 0.8-acre lot (33,751.7 sq ft) and features convenient front and rear parking for 40 vehicles. The building's zoning is O-3, City of Tucson Office, and its APN is 121-11-160A. The property boasts prominent monument signage and easy access. Previously used as an urgent care facility, the interior includes nine exam rooms, a spacious nurses' station, three private offices, an X-ray area, a break room, and four bathrooms. The building is a single-story structure with no elevators. Property taxes are $2.67 per square foot. Its central location and adaptable layout make it suitable for various office uses, including medical, traditional, and creative office spaces. The building's ample square footage and convenient parking make it an attractive option for businesses seeking a well-located and functional office space in Tucson's Central submarket. The property is currently vacant.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1983
Construction FRAME
Total area 5,184 SF
Lot 0.77 ac (33,750 SF)
APN 121-11-160A
UPID US07-3427492

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Physician
  • Physician
  • Physician
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$980k
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.16M

Owner & transaction history

since 2016
6 recorded transactions
2016
$1.9M
2014
$895,000
2005
$1.2M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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