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2010 Park Ave Tucson, AZ 85713-3692

OFF-MARKET Retail space Google Maps
1,343 SF 0.05 ac lot Built 1963
Entity Owned 6-yr Hold Free & Clear
Estimated value (blended)
$280k
Range $252k – $308k (±10%)
Property ID US07-1126106

Property summary

AI-generated overview

This 1,343 square foot retail space, located at 2010 S Park Ave in Tucson, Arizona (zip code 85713), presents a compelling owner-user opportunity. The property sits on a 7,050 square foot lot and boasts a freshly resurfaced parking lot, newer stucco finish and paint, and a fenced yard. Its C-1 zoning allows for a variety of commercial uses. The property enjoys excellent visibility and accessibility from Park Avenue, with ample parking including an enclosed rear lot. Its strategic location is less than one mile from Tucson Marketplace at the Bridges, a premier retail hub, and benefits from proximity to major retailers such as Walmart, Costco, Planet Fitness, McDonald's, Dave & Buster's, and the soon-to-be-opened Bass Pro Shop. Easy access to I-10, Kino Parkway, and Benson Highway further enhances its appeal. The property has recently undergone renovations by the owner. The asking price is $375,000. A Net Net Net (NNN) lease is available at a rate of $23.50 per square foot, with estimated NNN charges of $4.95 per square foot. This is an exceptional opportunity to acquire a well-located, renovated retail space in a thriving Tucson commercial corridor.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Construction FRAME
Total area 1,343 SF
Lot 0.05 ac (2,150 SF)
APN 129-12-2590
UPID US07-1126106

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
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2019
4 recorded transactions
2019
$70,000
2019
Price N/A
2017
$42,500
2016
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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