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Property profile & analytics

245 S Plumer Ave Tucson, AZ 85719

  • Manufacturing properties
  • 27,600 SF
  • 2.73 lot acres
Value Estimation
$4,615,000
Last Sale
Oct 15, 2021
$4,453,000
Location Intelligence
Property ID
US07-1025352
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Photonics Automation Specialties / Laser Equipment Supplier
  • JEFF SMITH / Photographer
  • A Speed Repair / Store / Welder
  • Zona Recording Studios / Recording Studio / Music Producer
  • SPE Electrical Services / Electrician

Property Details for 245 S Plumer Ave

Year built
1977
Construction
FRAME
Lot size
2.73 lot acres
Property size
27,600 SF
Property type
Manufacturing properties
APN
129-01-038A
APU
12901038A

Description

Commerce Plaza, located at 245 S Plumer Ave, Tucson, AZ 85719, presents a prime opportunity within the thriving Pima County market. This Class C industrial property offers a total of 46,800 square feet of flexible space, currently featuring 2,400 square feet of immediately available space. The building is zoned I-1, providing versatility for a range of industrial and flex uses. One unit of 1,200 square feet is currently available for lease. The property sits on a generous 2.73-acre lot, providing ample room for maneuvering and potential expansion. The building boasts ceiling heights ranging from 12.0ft to 12.0ft, suitable for various industrial needs. The multiple tenancy structure offers flexibility for businesses of different sizes. This property is ideal for businesses seeking a well-located, functional space in a dynamic area of Tucson. The property's convenient location and ample space make it an attractive option for companies looking to establish or expand their operations in Pima County. With its flexible zoning and substantial square footage, Commerce Plaza offers a compelling investment opportunity in the Tucson industrial market. The available space presents a chance to secure a foothold in a well-established and growing area. Interested parties are encouraged to inquire about this exceptional opportunity.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $4,735,000
  • CAP approach

    CAP return
    Estimation
    6%
    $4,075,000
    6.5%
    $4,335,000
    7%
    $4,830,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $4,305,000
    Geo Method
    $4,515,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $4,065,000
    Retail
    $4,445,000
    Mixed-Use
    $3,915,000
    Hospitality
    $3,910,000
    Educational
    $3,995,000
    Residential Income
    $4,130,000
    Energy
    $3,795,000
    Income-Based Land
    $4,100,000
    Food Service
    $3,940,000

Location Insight

  • Map
  • Local Demand
City
Tucson
County
Pima
State
Arizona
Longitude
-110.939
Latitude
32.2191
CBSA code
46060
CBSA name
TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$38,870
$53,545
$328,624
$382,169
-
$356,967
$2,190,825
$2,547,792
More about this property
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