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Property profile

2450 Jackrabbit Ave Tucson, AZ 85745

OFF-MARKET
Refrigerated & Cold Storage
Property ID
US07-0196252
View Sample
2,750 SF 0.96 ac lot Built 1972
Entity Owned 4-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional investment opportunity presents a 2,750-square-foot warehouse located at 2450 N Jackrabbit Avenue in Tucson, Arizona. Built in 1972, this property boasts a desirable combination of warehouse and refrigerated/cold storage space, making it ideal for a variety of businesses. The property sits on a 0.96-acre lot, offering ample space for operations and parking. With nine parking spaces available, employee and client parking is well accommodated. The asking price is $725,000, representing a compelling 6.00% capitalization rate. The property is zoned I1 under Tucson's zoning regulations, and its APN is 10703116B / N150'. The land value is calculated at $281.82 per square foot. This single-unit industrial property presents a strong return on investment in a prime Tucson location, with the zip code being 85745. The property's coordinates are 32.251945 latitude and -111.0065544 longitude, situated within Pima County. This is a rare opportunity to acquire a well-located, functional warehouse with cold storage capabilities in a thriving market. Serious inquiries are encouraged.

Property profile

Verified
Property type Refrigerated & Cold Storage
Use group COLD STORAGE
Year built 1972
Construction FRAME
Total area 2,750 SF
Lot 0.96 ac (41,818 SF)
APN 107-03-1880
UPID US07-0196252

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Distribution Center Logistics Company

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
$370k
Comparable Approach Comparable
by Request
Blend (final) Blend
$530k

Owner & transaction history

since 2021
Last sale
$500,000
6 recorded transactions
2026
Price N/A
2022
Price N/A
2021
$500,000
2009
Price N/A
2000
$175,000
1999
$175,000

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $795,000 +124.1%
Auto repair, garage $750,000 +110.8%
Medical building $615,000 +72.9%

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
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