5501 N Oracle Road, Tucson, AZ 85704
$1,700,000
Property Type:
Commercial
Square Footage:
15,975
Lot Size (sq. ft.):
24
Status:
Closed
Current Price:
$1,700,000
List Date:
12/05/2023
Last Modified:
12/24/2024
Overview
Description
Listing Details MLS# 22326185
Address Information
- Street #
- 5501
- Direction
- N
- Street Name
- Oracle
- Suffix
- Road
- State/Province
- AZ
- Zip Code
- 85704
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 105-05-0170
- Area
- North
- Tax Year
- 2023
- Taxes
- 42803.78
- Assessments
- 0
- Legal Description
- E150' S508' M/L N1009.02' PTN NE4 NE4 W NEW HWY 1.75 AC SEC 14-13-13
- Development Name
- Oracle Office Plaza
- Municipality/Zoning
- Pima County - TR
- Fire Protection
- None
- FEMA Flood Zone
- No
- Municipal Flood Zone
- No
General Property Information
- Property Sub-Type
- Professional/Office
- Construction Status
- Existing
- # Units
- 9
- Total Parking
- 85
- Multi-Tenant
- Yes
- Year Built
- 1979
- Lot Dimensions
- Irregular
- Lot Acres
- 1.75
- Lot Sqft
- 76230
- Lot Size Source
- Assessor
- Combined SqFt
- 15975
- Source of SqFt
- Appraiser
- List Price/SqFt
- 115.81
- Lot Size Price/SqFt
- 24.27
Property Features
Property Features:
Conference Room
Construction:
Frame - Stucco
Roof:
Built-Up
Fenced Storage:
No
Main Cooling:
Central Air
Main Heating:
Forced Air; Heat Pump
Water Heater:
Natural Gas
Gas:
Natural
Sewer:
Connected
Water:
Public
Accessibility Option:
Ramped Main Level
Road Type:
Chip/Seal
Parking:
Free
Traffic Count:
15,001 to 35,000
Terms:
Cash
Possession:
Negotiable
Submit With Offer:
Lender Pre-Approval; Proof of Funds
Contract Information
- Method of Title
- Fee (Simple)
- Short Sale
- No
Status Change Info
- Off Market Date
- 2024-04-12
- Pending Date
- 2024-08-12
- Sold Date
- 2024-08-15
- Sold Price/SqFt
- 106.42
- Lot Sz Sold Prc/SqFt
- 22.3
- Financing
- Exchange
More Information
Showing Information
- Directions
- From River and Oracle, head north. Turn left onto Kanmar Pl. Entry to property is immediately on your left.
Income
- Gross Scheduled Rent
- 243566.37
- Net Opp Income
- 146438.9
Analysis
- Cap Rate %
- 7.51
Expenses
- Figures Presented
- Proforma
Unit Information
- Health Care
- Dental
- Office
- Office Building
- Special Purpose
- Religious Facility
Property Features
- A.D.A. Compliant
- Unknown
- Conference Room
- Yes
Electric
- Electric Company
- TEP
Sold Info
- Seller Concessions
- 15000
Gas
- Natural
- Yes
Construction
- Frame - Stucco
- Yes
Sewer
- Connected
- Yes
Roof
- Built-Up
- Yes
Water
- Public
- Yes
Road Type
- Chip/Seal
- Yes
Fenced Storage
- No
- Yes
Main Cooling
- Central Air
- Yes
Main Heating
- Forced Air
- Yes
- Heat Pump
- Yes
Water Heater
- Natural Gas
- Yes
Terms
- Cash
- Yes
Submit With Offer
- Lender Pre-Approval
- Yes
- Proof of Funds
- Yes
Accessibility Option
- Ramped Main Level
- Yes
Parking
- Free
- Yes
Freeway/Highway
- 2.1 - 5 Mile
- Yes
Traffic Count
- 15,001 to 35,000
- Yes
Possession
- Negotiable
- Yes
Documents
Flyer ›
Listing Office:
RE/MAX Excalibur Realty
Last Updated: December - 24 - 2024
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