Property profile

64 Broadway Blvd Tucson, AZ 85701

OFF-MARKET
Office Spaces
Property ID
US07-0556962
5,188 SF 0.12 ac lot Built 1919
Trust Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,000 square foot executive office space is located in the heart of Downtown Tucson's vibrant submarket, at 64 E Broadway Blvd, within the historic "The Scott" building. Built in 1919 and fully renovated in 2008, this two-story building offers a blend of classic charm and contemporary functionality. The suite itself is part of a multi-tenant building with a total of 24 suites and 10,639 square feet. Currently, 2,500 square feet of space is available, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 2,000 square feet. The space boasts modern amenities including a kitchenette, an elevator, and abundant natural light. The building is conveniently located near the streetcar, city and state buildings, and a variety of restaurants. While there is no on-site parking, the building's prime location offers easy access to public transportation and other commuting options. A receptionist is already in place within the building. The suite includes four spacious individual offices of varying sizes. This property presents a unique opportunity to establish a presence in a prestigious and highly sought-after location. The space is available for immediate occupancy. Pima County location, near the Jackson cross street, and zip code 85701.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1919
Construction FRAME
Total area 5,188 SF
Lot 0.12 ac (5,365 SF)
APN 117-13-0360
UPID US07-0556962

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
  • Music Venue
  • Marketing & Advertising Advertising Agency
  • Physician
  • Photography Service (Bike/Boat/Book/etc) Store
  • Radio Station Telecommunications Service

Location

64 Broadway Blvd Tucson, AZ 85701-1720
Tucson metro Census 100 TUCSON, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$745k
CAP Approach CAP
$980k
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$965k

Owner & transaction history

since 2011
6 recorded transactions
2011
$270,000
2006
Price N/A
2005
$1.2M
2005
Price N/A
1991
$185,000
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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