4311 Sullinger Ave Tucson, AZ 85705-2013
- Industrial properties
- 3,038 SF
- 0.16 lot acres
Current Use by Public Records
- A Pro Restoration / Water Damage Restoration Service
Property Details for 4311 Sullinger Ave
- Year built
- 1978
- Construction
- FRAME
- Lot size
- 0.16 lot acres
- Property size
- 3,038 SF
- Property type
- Industrial properties
- APN
- 103-06-057A
- APU
- 10306057A
Description
This 3,058 square foot Class C warehouse, built in 1978, is ideally situated near the I-10 and Ruthrauff exit in Tucson, Arizona. Priced at $450,000 ($147.16/sq ft) with a 4.00% cap rate, this multi-tenant property offers a strong investment opportunity. The building features two loading docks, including two dock-high doors, and a 10-foot ceiling height. Currently leased with a mix of tenants, including one month-to-month occupancy, this property boasts numerous improvements, including a three-phase power supply, a ramped dock, a standard dock with rear storage, a fully fenced yard with alley access, storefront space, expansive offices, two private bathrooms, and heating and air conditioning in both workshop areas. The CI-2 zoning allows for a wide range of uses, including auto repair, various contracting services, manufacturing, and outdoor storage. This versatile property presents a rare opportunity for investors seeking a well-maintained, multi-tenant warehouse in a high-traffic location. The property is divided into two equally sized spaces, perfect for separate businesses.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $295,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $345,000
- 6.5%
- $315,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $319,000
Market price range: $149k - $960k
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Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -111.018
- Latitude
- 32.2856
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA
