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Property profile & analytics
OFF-MARKET
Investment properties

3312 1st Ave Tucson, AZ 85719-2104

2,387 SF 0.35 ac lot Built 1951
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US07-1252750
Property summary
AI-generated overview

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
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1951
Construction FRAME
Total area 2,387 SF
Lot 0.35 ac (15,152 SF)
APN 113-04-1410
UPID US07-1252750
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Cai And Ye LLC · 1 yrs held
Cai And Ye LLC
since 2024
Last sale
$261,500
4 recorded transactions
2024
Price N/A
2021
$261,500
2001
$110,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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