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    FOR SALE
    Commercial land

    2235 E Magee Rd, Tucson, AZ 85718

    0.03 ac lot
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US07-1293651
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Magee Corporate Center LLC · 12 yrs held
    Magee Corporate Center LLC
    since 2013
    2 recorded transactions
    2013
    2007
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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