Property profile

3312 1st Ave Tucson, AZ 85719

OFF-MARKET
Investment properties
Property ID
US07-1252750
2,387 SF 0.35 ac lot Built 1951
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

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

Location

3312 1st Ave Tucson, AZ 85719-2104
Tucson metro Census 2602 TUCSON, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2024
Last sale
$261,500
4 recorded transactions
2024
Price N/A
2021
$261,500
2001
$110,000
1969
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3312 1st Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message