Property profile

5975 Western Way Cir Tucson, AZ 85713

OFF-MARKET
Strip malls
Property ID
US07-1317797
14,644 SF 1.37 ac lot Built 1981
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents 20,072 square feet of retail and restaurant space at Tucson Mountain Plaza, located at 5975 W Western Way Cir, Tucson, AZ 85713. The property, situated on a 1.82-acre lot (79,331 sq ft), boasts a prime location at the northwest corner of Kinney Road and Western Way Circle, serving as the gateway to the established Tucson Estates manufactured home community. This Class B, single-story building, constructed in 1981, features 11 suites, with 4,346 square feet currently vacant, offering flexible spaces ranging from 2,096 to 4,346 contiguous square feet. The property benefits from 94 total parking spaces and a favorable zoning designation of CB-2, Pima County. The building's floor area ratio (FAR) is 0.25. Annual property taxes are $1.06 per square foot. The strategic location offers significant advantages, with limited competition and an underserved trade area. Nearby developments, including the 207-home Cat Mountain Vista planned subdivision and projects by Richmond American Homes and KB Homes, promise substantial future growth and increased customer traffic. This property presents a compelling opportunity for investors seeking a well-positioned retail center in a rapidly developing area of West Tucson. The APN is 212-23-762B, 212-23-762D, 212-23-762E.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1981
Construction FRAME
Total area 14,644 SF
Lot 1.37 ac (59,677 SF)
APN 212-23-762D
UPID US07-1317797

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
  • Restaurant
  • Hiking Area
  • Grocery & Convenience Store Food Market
  • (Bike/Boat/Book/etc) Store
  • Bakery Discount Store

Location

5975 Western Way Cir Tucson, AZ 85713-4300
Tucson metro Census 4404 TUCSON, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$1.69M

Owner & transaction history

since 2022
Last sale
$1.6M
2 recorded transactions
2022
$1.6M
2015
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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