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Property profile & analytics
OFF-MARKET
Retail space

1642 Alvernon Way Tucson, AZ 85712-3321

3,776 SF 0.28 ac lot Built 1971
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US07-1788153
Property summary
AI-generated overview

This exceptional 3,802 square foot freestanding office building, located at 1642 N Alvernon Way in Tucson, Arizona, presents a compelling investment opportunity. Built in 1971, this single-story property is zoned C-1 by the City of Tucson, offering versatility for a range of commercial uses. The building's classification includes Creative Office, Traditional Office, and Retail spaces, catering to diverse business needs. Priced at $395,000, the asking price equates to $104 per square foot. The property boasts ample parking, providing 4 spaces per 1,000 square feet, ensuring convenient access for employees and clients. Its strategic location in central Tucson offers excellent visibility and accessibility, situated along major bus routes, enhancing its appeal to a wide customer base. The property's APN is 122-13-211B and the zip code is 85712. This well-positioned property represents a strong investment in a thriving Tucson commercial market. The building's adaptable space and convenient location make it an ideal choice for businesses seeking a prominent presence in a central location. This is a rare opportunity to acquire a freestanding building in a high-traffic area with excellent potential for growth and return on investment.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1971
Construction FRAME
Total area 3,776 SF
Lot 0.28 ac (12,000 SF)
APN 122-13-211B
UPID US07-1788153
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Youth On Their Own Mini Mall Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
House Of Gleccx Boutique LLC · 1 yrs held
House Of Gleccx Boutique LLC
since 2025
Last sale
$340,000
6 recorded transactions
2025
$340,000
2015
$285,000
2009
$519,100
2008
Price N/A
2001
$190,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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