Property profile

8259 Houghton Rd Tucson, AZ 85747

OFF-MARKET
Medical Office Space
Property ID
US07-1310178
2,944 SF 0.33 ac lot Built 2007
Entity Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a finished commercial lot ideally suited for a medical office or similar use. Located at 8259 S Houghton Rd, Tucson, AZ 85747 (APN 141-17-014B), this C-1 zoned property boasts high traffic counts due to its strategic location at the intersection of Rita and Houghton Roads. The lot features convenient cross parking and is ready for immediate development. Plans allow for the construction of approximately a 3,000 square foot building. This infill lot presents a rare chance to capitalize on the bustling activity in this established Tucson area. The asking price is $295,000. This prime location and the potential for a substantial building make this a highly attractive proposition for investors seeking a strong return in a thriving market. The property is situated in Pima County, Arizona. This is a finished lot ready for construction, offering a significant advantage for developers. The C-1 zoning ensures flexibility for a variety of commercial uses.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 2007
Construction STEEL FRAME
Total area 2,944 SF
Lot 0.33 ac (14,440 SF)
APN 141-17-014B
UPID US07-1310178

Cap rate & NOI

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

Location

8259 Houghton Rd Tucson, AZ 85747
Tucson metro Census 4062 TUCSON, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2007
3 recorded transactions
2023
Price N/A
2007
Price N/A
2005
$654,633

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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