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1840 Valencia Rd Tucson, AZ 85746-6554

OFF-MARKET Retail space Google Maps
3,006 SF 0.66 ac lot Built 2001
Entity Owned 8-yr Hold ~ Est. High Equity
Estimated value (blended)
$295k
Range $266k – $325k (±10%)
Property ID US07-0755963

Property summary

AI-generated overview

This exceptional 10,000-square-foot airport hangar, built in 2007, is situated at 1840 E Valencia Rd, Tucson, AZ 85706, offering unparalleled convenience with direct access off Valencia Road. The single-story building, zoned B-2A, boasts a spacious 100' x 100' interior with a substantial 80' x 20' Wilson bi-fold hangar door featuring remote wireless operation. Access is further enhanced by a wide, high roll-up car door accessible from the parking area, also with remote operation, and a convenient street-side man-door. The hangar floor features a durable epoxy finish. Abundant natural light is provided by skylights, complemented by high-intensity lighting. Practical amenities include hose bibs, electric cord reels, and pressurized air lines. The property includes a well-appointed office space complete with a restroom, shower, refrigerator, ice maker, built-in desk, and a stereo music system. A fully equipped workshop is also available, featuring stainless steel counters, extensive storage, a sink, and a mop sink. Parking is ample, with 6.55 spaces per 1,000 square feet. This exceptional property is offered for sale by owner for $1,800,000. One loading dock is available. This is a unique opportunity to acquire a high-quality, well-maintained airport hangar in a desirable location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Construction FRAME
Total area 3,006 SF
Lot 0.66 ac (28,600 SF)
APN 137-33-9100
UPID US07-0755963

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2017
5 recorded transactions
2017
$1.5M
2010
Price N/A
2010
Price N/A
2005
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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