245 S Plumer Ave Tucson, AZ 85719
- Manufacturing properties
- 27,600 SF
- 2.73 lot acres
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
-
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