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Owner User or Development Opportunity 5700-5702 S Palo Verde Rd

1,600 SF Retail Building Tucson, AZ 85706 $695,000 ($434/SF)

Investment Highlights

  • Prime frontage on Drexel Road.
  • Situated just minutes away from Interstate 10.
  • Tremendous daytime population.
  • May be combined with adjacent parcel to the east and for a sale price of $1,395,000

Executive Summary

Located in the southwest hard corner of Drexel and Palo Verde Roads. MU zoning allows for numerous uses including church, park, public school, and manufactured home park, among others. Can be combined with adjacent parcel to the east for $1,395,000

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,600 SF
Building Class
C
Year Built
2000
Price
$695,000
Price Per SF
$434
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.92 AC
Opportunity Zone
Yes
Zoning
MU, County - MU, Pima County
Parking
22 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
289 FT on S Palo Verde Rd

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection

Nearby Major Retailers

Walmart Neighborhood Market
RDO Equipment Co.
Black Rock Coffee Bar
Waffle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
140-31-2710
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$45,034
  • Listing ID: 32985554

  • Date on Market: 8/28/2024

  • Last Updated:

  • Address: 5700-5702 S Palo Verde Rd, Tucson, AZ 85706

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