SWC of Tanque Verde Road & Houghton Road · Heart of the Tanque Verde Valley - An Affluent and...

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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 200 Tucson, Arizona +1 520 326 2200 naihorizon.com For Sale ±3 Acres Commercial/ Multifamily/Single Family Residential Site Justin Lanné c +1 520 907 3470 [email protected] For more information contact: SUBJECT SWC of Tanque Verde Road & Houghton Road Tucson, 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 Dutson c +1 520 241 1160 [email protected] N Houghton Rd E Tanque Verde Rd BEAR CANYON APARTMENTS (238 UNITS) E CATALINA HWY 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

Transcript of SWC of Tanque Verde Road & Houghton Road · Heart of the Tanque Verde Valley - An Affluent and...

Page 1: SWC of Tanque Verde Road & Houghton Road · Heart of the Tanque Verde Valley - An Affluent and Prestigious Sector of Tucson “The Last Best Place” FOR SALE: $850,000 $283,335/Acre

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

Page 2: SWC of Tanque Verde Road & Houghton Road · Heart of the Tanque Verde Valley - An Affluent and Prestigious Sector of Tucson “The Last Best Place” FOR SALE: $850,000 $283,335/Acre

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]

Page 3: SWC of Tanque Verde Road & Houghton Road · Heart of the Tanque Verde Valley - An Affluent and Prestigious Sector of Tucson “The Last Best Place” FOR SALE: $850,000 $283,335/Acre

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]

Page 4: SWC of Tanque Verde Road & Houghton Road · Heart of the Tanque Verde Valley - An Affluent and Prestigious Sector of Tucson “The Last Best Place” FOR SALE: $850,000 $283,335/Acre

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