Property profile

2235 E Magee Rd Tucson, AZ 85718

FOR SALE
Commercial land
Property ID
US07-1293651
0.03 ac lot
Entity Owned 12-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 6,246 square foot commercial building pad is located at 2235 E Magee Rd, Tucson, AZ 85718, in Pima County (APN: 225-43-4850). Zoned TR, this fully improved site offers excellent visibility and frontage on Magee Road, ideal for an office building. The pad is designed to accommodate a building divisible into four separate office suites, with unit sizes ranging from approximately 1,193 to 1,982 square feet. The property boasts common area parking and protective CC&Rs ensuring uniformity among buildings. The asking price is $593,370, translating to $95 per square foot. Annual association dues are $0.90 per square foot. This is a fee simple ownership opportunity, with no lease options available. The property is ready for immediate development, presenting a unique chance to establish a presence in a desirable Tucson location. While the site has been previously platted into four units (Unit 15: 1,982 sq ft, Unit 16: 1,193 sq ft, Unit 17: 1,247 sq ft, Unit 18: 1,824 sq ft), with associated tax codes and tax amounts (Unit 15: $690.94, Unit 16: $423.35, Unit 17: $442.58, Unit 18: $647.27), the sale is for the entire improved pad. The seller is offering the fully improved building pad only.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.03 ac (1,247 SF)
APN 225-43-4870
UPID US07-1293651

Cap rate & NOI

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

Location

2235 E Magee Rd Tucson, AZ 85718
Tucson metro Census 4626 TUCSON, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
2007
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message