1704 W Anklam Rd Tucson, AZ 85745
- Medical Office Space
- 11,936 SF
- 0.28 lot acres
Current Use by Public Records
- The Pain Center - Tucson, AZ at 'A' Mountain / Physician
- AKDHC - Tucson St. Mary's Office / Medical Clinic
- Arizona Kidney Disease Center: Sealey Shannon C / Medical Clinic
- Dr. James J. Torrey, MD / Physician
- Dr. Barry Krieble, MD / Physician / Medical Clinic
Property Details for 1704 W Anklam Rd
- Year built
- 1987
- Construction
- FRAME
- Lot size
- 0.28 lot acres
- Property size
- 11,936 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 116-15-499A
- APU
- 11615499A
Description
This exceptional 6,715 square foot multi-tenant office building, located at 1704 West Anklam Road in Tucson, Arizona, presents a unique investment opportunity. Currently, 1,688 square feet of prime office space is available for lease. The building is zoned MU (Mixed Use) and boasts a convenient location in Pima County, zip code 85745. The property, identified by APN 116-15-499A, is ideally suited for medical or executive office uses. The available space offers significant potential for a variety of businesses seeking a well-maintained and strategically located office environment. The building's existing infrastructure provides a solid foundation for immediate occupancy. This is an excellent opportunity to establish a presence in a thriving Tucson business district. The available space is ready for immediate occupancy and offers flexibility for customization to meet specific business needs. Interested parties are encouraged to inquire about lease terms and conditions. The property's location offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. This is a rare opportunity to secure high-quality office space in a desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,545,000
- ML approach
- $3,585,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,650,000
- 6.5%
- $2,445,000
- 7%
- $2,270,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,558,000
Market price range: $1.76M - $4.59M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,665,000 Current use
- RESTAURANT
- $5,560,000 Change: +109% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $4,055,000 Change: +52% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $3,455,000 Change: +30% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $3,250,000 Change: +22% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $2,460,000 Change: -8% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -111.002
- Latitude
- 32.2268
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA
