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    FOR SALE
    Commercial land

    2245 W Magee Rd, Tucson, AZ 85742

    0.21 ac lot
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US07-0877247
    Property summary
    AI-generated overview

    Develop a 30,000 square foot medical and/or office building on this exceptional land parcel in Tucson, Arizona. This rare build-to-suit opportunity is priced at $2,250,000, or $75 per square foot of building area. The site comprises several combined condo units totaling the necessary square footage for your project. Individual unit sizes range from 1,193 to 9,005 square feet, with associated tax codes and annual property taxes varying accordingly. Specifically, the combined units include: Unit 31 (1,982 sq ft, Tax Code: 225-43-5010, Taxes $647.27), Unit 32 (1,193 sq ft, Tax Code: 225-43-5020, Taxes $442.58), Unit 33 (1,247 sq ft, Tax Code: 225-43-5030, Taxes $423.35), Unit 34 (1,824 sq ft, Tax Code: 225-43-5040, Taxes $690.94), Unit 35 (9,005 sq ft, Tax Code: 225-43-5050, Taxes $3,290.77), Unit 36 (9,005 sq ft, Tax Code: 225-43-5060, Taxes $3,290.77), Unit 37 (2,697 sq ft, Tax Code: 225-43-5070, Taxes $957.10), and Unit 38 (2,697 sq ft, Tax Code: 225-43-5080, Taxes $957.10). The property is zoned TR Pima County and boasts convenient access via major thoroughfares, La Cholla and Magee Roads, making it an ideal location for a medical facility. Parking is designed to accommodate medical use. Annual association dues are $0.90 per square foot. The APN is 225-43-5010 - 225-43-80. This property is located at 2245, 2255 & 2265 W Magee Rd, Tucson, AZ 85742.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.21 ac (9,005 SF)
    APN 225-43-5050
    UPID US07-0877247
    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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