Property summary
This exceptional 11,239-square-foot, Class B commercial property in Tucson, Arizona, is offered at $1,700,000, representing a compelling 9.99% cap rate with a $169,800 net operating income (NOI). The property, situated on a 1.04-acre lot (APN 116-15-081), is zoned O-3 and features 30 units, priced at $53,125 per unit. Currently operating as transitional housing, the property enjoys a five-year triple-net (NNN) lease with a five-year renewal option, generating a monthly income of $14,150. The single-story building boasts a secured, landscaped campus adjacent to St. Mary's Hospital and St. Mary's Plaza shopping center, offering convenient access to medical resources and amenities. The property includes a commercial kitchen and fire sprinkler system. Its design incorporates separate residential and office areas, along with an outdoor play area, making it suitable for various healthcare or residential uses. The sale includes a leaseback agreement. This is a fee-simple ownership opportunity with significant potential for long-term income and appreciation.
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
Property 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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