Property summary
This versatile Tucson property presents a unique investment opportunity. The 3,000 square foot mixed-use building, constructed in 1951, sits on a 0.35-acre lot (APN 113-04-1410) and boasts a Fee Simple ownership. The property includes six units: one 2-bedroom, 2-bathroom apartment ready for rent, and two fully leased commercial spaces. In addition, there are three RV spaces, offering diverse income streams. The current gross monthly rental income is $3,650. Utilities are billed to tenants. The property is zoned C-2, allowing for a variety of commercial and residential uses. Located at 3312 N 1st Ave, Tucson, AZ 85719, this property benefits from high visibility and traffic counts, estimated at 25,000-30,000 vehicles daily, according to Pima County data. Its strategic location offers easy access to major roads and is surrounded by shopping, dining, and parks. This prime location within an Enterprise Zone provides significant potential for both immediate income generation and future growth, making it an attractive investment for those seeking a diversified portfolio. The property's diverse income streams, combined with its prime location and flexible zoning, make it an exceptional opportunity in the Tucson market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning