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2880 Drexel Rd Tucson, AZ 85746-3824

OFF-MARKET Retail space Google Maps
2,400 SF 0.35 ac lot Built 1978
Entity Owned 6-yr Hold Free & Clear
Estimated value (blended)
$255k
Range $230k – $281k (±10%)
Property ID US07-3314622

Property summary

AI-generated overview

This exceptional 2,400 square foot retail space is situated on a highly visible corner lot at the intersection of Drexel Road and Cardinal Avenue in Tucson, Arizona. The property boasts a desirable Class A designation and sits on a 0.34-acre lot (15,202 square feet), offering ample parking for customers. Built in 1978, the single-story building features an open floor plan enhanced by large picture windows that flood the interior with natural light. The zoning is designated CB-1, providing flexibility for a variety of commercial uses, including convenience stores and community centers. The entire 2,400 square feet is currently vacant and immediately available for lease. The property's prime location and ample parking make it an ideal opportunity for businesses seeking high visibility and convenient access for customers. The APN is 137-14-213E. This is a rare opportunity to secure a well-located, versatile retail space in a thriving Tucson neighborhood. Don't miss out on this chance to establish your business in a high-traffic area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Construction FRAME
Total area 2,400 SF
Lot 0.35 ac (15,214 SF)
APN 137-14-213E
UPID US07-3314622

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
  • Home Decor Store Department Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2019
$360,000
2006
$120,625

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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