2450 Jackrabbit Ave Tucson, AZ 85745-1209
- Refrigerated & Cold Storages
- 2,750 SF
- 0.96 lot acres
Current Use by Public Records
- Eastman Distributing / Distribution Service
Property Details for 2450 Jackrabbit Ave
- Year built
- 1972
- Construction
- FRAME
- Lot size
- 0.96 lot acres
- Property size
- 2,750 SF
- Property type
- Refrigerated & Cold Storages
- APN
- 107-03-1880
- APU
- 107031880
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $530,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $535,000
- 6.5%
- $510,000
- 7%
- $560,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $510,000
- Geo Method
- $540,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $545,000
- Retail
- $485,000
- Mixed-Use
- $455,000
- Hospitality
- $545,000
- Educational
- $480,000
- Residential Income
- $545,000
- Energy
- $590,000
- Income-Based Land
- $445,000
- Food Service
- $450,000
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -111.006
- Latitude
- 32.2519
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA