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Property profile

3140 Prosperous Pl Green Valley, AZ 85614

OFF-MARKET
Commercial land
Property ID
US07-1505254
View Sample
2.55 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear

Property summary

AI-generated overview

This exceptional 2.55-acre commercial land parcel, identified as Pima County Parcel 304-70-057A, presents a unique investment opportunity in the thriving Green Valley, Arizona market. Located at 3140 S Prosperous Pl, Green Valley, AZ 85614, this property boasts convenient access to I-19, placing it just 20 miles south of Tucson and 40 miles north of the Mexican border. The site is zoned CB-2 (Pima County), allowing for a variety of uses including commercial, multifamily, and residential development. Utilities are already connected, and essential drainage retention earthwork is complete, significantly reducing development costs and timelines. The 2022 property taxes totaled $4,733.91. Detailed plans for an 81-unit Assisted Living/Memory Care facility, known as the Retreat at Santa Rita Springs, are available for review, showcasing the property's potential for high-density development. This property is situated in a popular retirement community adjacent to the rapidly expanding town of Sahuarita, ensuring strong potential for future growth and high occupancy rates. The asking price for this remarkable opportunity is $499,000.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.55 ac (110,867 SF)
APN 304-70-057A
UPID US07-1505254

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
  • Electrical Service General Contractor
  • Plumbing Service General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2024
6 recorded transactions
2024
$465,000
2008
Price N/A
2008
Price N/A
2008
Price N/A
2005
$380,000
2005
$380,000

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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