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ALL INFORMATION FURNISHED REGARDING PROPERTY FOR SALE, RENTAL OR FINANCING IS FROM SOURCES DEEMED RELIABLE, BUT NO WARRANTY OR REPRESENTATION IS MADE TO THE ACCURACY THEREOF AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS PRIOR TO SALE, LEASE OR FINANCING OR WITHDRAWAL WITHOUT NOTICE. NO LIABILITY OF ANY KIND IS TO BE IMPOSED ON THE BROKER HEREIN.
2900 N Swan Rd, Suite 200Tucson, Arizona
+1 520 326 2200
naihorizon.com
For Sale
±3 Acres Commercial/ Multifamily/Single Family Residential Site
Justin Lannéc +1 520 907 3470 [email protected]
For more information contact:
SUBJECT
SWC of Tanque Verde Road & Houghton RoadTucson, Arizona
• Zoning: C-1 Commercial, City of Tucson
• Uses: Commercial Retail, Multifamily, Condominiums
or Single Family - City of Tucson Municipality
• Lighted Intersection at Two (2) Major Arterials in the
Heart of the Tanque Verde Valley - An Affluent and
Prestigious Sector of Tucson “The Last Best Place”
FOR SALE: $850,000$283,335/Acre $6.50/SF
SUBJECT
CORONADO VILLAS APARTMENTS
(432 UNITS)Madera Village
Shopping Center
Dave Dutsonc +1 520 241 1160 [email protected]
N H
ou
gh
ton
Rd
E Tanque Verde Rd
BEAR CANYON APARTMENTS
(238 UNITS)
E CATA
LINA H
WY
E Tanque Verde Rd
Bandalero Ranch
Shoppes at Bear Path
Bear Canyon Shopping
Center
CASITAS AT TANQUE VERDE
(105 UNITS)
THE LAKES AT CASTLE ROCK
2900 N Swan Rd, Suite 200Tucson, Arizona+1 520 326 2200
naihorizon.com
For Sale
±3 Acres Commercial/ Multifamily/Single Family Residential Site
SUBJECT E Tanque Verde Rd
N H
ou
gh
ton
Rd
E Tanque Verde Rd
Catalina Village
Saguaro Vista
Jesse OwensPark
E Broadway Blvd
E Speedway Blvd
N P
an
tan
o R
d
N C
am
ino
Se
co
N H
arr
iso
n R
d
E 22nd St
BroadwayPlaza
BroadwayEastPlaza
BerkshireVillage
Saguaro Shops
N Cata
lina H
wy
N C
atal
ina
Hw
y
Kirk Bear Canyon Library
CORONADO VILLAS
APARTMENTS(432 UNITS)
BEAR CANYON
APARTMENTS(238 UNITS)
CASITAS AT TANQUE VERDE
(105 UNITS)
Family Discount Storage
RightSpaceStorage
Tucson Fire Dept
E Tanque Verde Rd
SUBJECT
E Tanque Verde Rd
N H
ou
gh
ton
Rd
Justin Lannéc +1 520 907 3470 [email protected]
Dave Dutsonc +1 520 241 1160 [email protected]
2900 N Swan Rd, Suite 200Tucson, Arizona+1 520 326 2200
naihorizon.com
Justin Lannéc +1 520 907 3470 [email protected]
Location SWC of Tanque Verde Road and Houghton Road, Tucson, Arizona
Size ±3 Usable Acres / 160,680 SF / 5.07 Gross AcresPima County Tax Parcels #133-03-281C and 133-01-026F Estimated 2017 Taxes: $5,000
Zoning C-1 (Commercial) City of Tucson. Residential density up to 36 units per acre. Property is part of the Scenic Corridor Zone which limits building height to a maximum of 24 feet.
Immediate Area The Tanque Verde Valley is one of the most affluent and prestigious sectors of the Tucson Metropolitan Area. The entire Valley consists of high density and low density housing developments and neighborhoods.
The subject is located approximately 1.25 miles east of the intersection of Tanque Verde Road and Catalina Highway. This intersection is the location of Madera Village Shopping Center, anchored by Safeway and Dollar Tree. Other major tenants at this intersection are CVS, Walgreens, Wells Fargo Bank, Bank of America, Kirk Bear Canyon Library and an AM/PM gas and convenience store.
At the same intersection there are three (3) major quality “A” multifamily communities: Bear Canyon Apartments (238 units), Coronado Villas (432 units) and Casitas at Tanque Verde (105 units).
Property Description
The entire parcel is 5.07 acres of which approximately 2 acres are in the 100-year flood plain per FEMA. These 2 unusable acres can be used as open space. The maximum allowable density is 36 units per acre. There is a 24’ height restriction and a 30’ set back requirement per the Scenic Corridor Zone.
Sales Price $850,000$283,335/Acre$6.50/SF
For Sale
±3 Acres Commercial/ Multifamily/Single Family Residential Site
Dave Dutsonc +1 520 241 1160 [email protected]
2900 N Swan Rd, Suite 200Tucson, Arizona+1 520 326 2200
naihorizon.com
PARCEL MAP
For Sale
±3 Acres Commercial/ Multifamily/Single Family Residential Site
Justin Lannéc +1 520 907 3470 [email protected]
Dave Dutsonc +1 520 241 1160 [email protected]
133-03-281C
133-01-026F