Property profile

5050 E Speedway Blvd Tucson, AZ 85712

FOR SALE
Bars & Pubs
Property ID
US07-1343851
2,619 SF 0.5 ac lot Built 1948
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 30,000 square foot lot, located at 5050 E. Speedway Blvd in Pima County, presents a unique investment opportunity. Currently vacant, this Class A property boasts a substantial 2,250 square foot building footprint, ideal for redevelopment. The C-2 zoning specifically permits the construction of a new freestanding drive-thru building, making it perfectly suited for quick-service restaurants (QSRs) or automotive-related businesses. The property's central location at a signaled intersection ensures high visibility and significant traffic counts, promising strong potential for any tenant. The APN numbers are 127-04-0530 and 127-04-0520. This single-tenant property offers a blank canvas for a new development, capitalizing on the high-traffic area and desirable zoning. The existing building provides a solid foundation for immediate occupancy or redevelopment, offering flexibility for a variety of commercial uses. The substantial lot size allows for ample parking and potential expansion. This is a rare opportunity to acquire a prime retail property in a high-demand location with significant upside potential. Don't miss out on this chance to secure a thriving commercial venture in a bustling area. The property is available for lease.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1948
Construction FRAME
Total area 2,619 SF
Lot 0.5 ac (21,950 SF)
APN 127-04-0530
UPID US07-1343851

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub
  • Bar & Pub
  • Restaurant

Location

5050 E Speedway Blvd Tucson, AZ 85712
Tucson metro Census 3102 TUCSON, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$642k
Blend (final) Blend
$750k

Owner & transaction history

since 2024
Last sale
$750,000
2 recorded transactions
2024
$750,000
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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