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1601 N Alvernon Way
Tucson, AZ 85712
Land For Sale
·
0.28 AC
INVESTMENT HIGHLIGHTS
- Fully entitled site with approved development plans
- Flexible O-2 zoning for medical or professional office use
- High-exposure location on Alvernon Way with 28K+ VPD
- Strong Tucson demographics and proximity to major employers
EXECUTIVE SUMMARY
Located in the heart of Tucson’s thriving midtown corridor, 1601 N Alvernon Way presents a rare opportunity to acquire a fully entitled development site for a proposed ±3,430 square foot medical or professional office building. Situated on a 12,592 square foot parcel, this property benefits from O-2 zoning, allowing for a wide range of office and medical uses. The site is approved for development and offers immediate potential for owner-users, investors, or developers seeking to capitalize on Tucson’s expanding healthcare and professional services market.
Positioned along Alvernon Way, one of Tucson’s most heavily trafficked arterials with over 28,000 vehicles per day, the property offers exceptional visibility and signage potential. Its central location ensures seamless access to major thoroughfares including Speedway Boulevard and Grant Road, while placing tenants or owners within minutes of Banner University Medical Center, the University of Arizona, and a dense concentration of retail, dining, and residential neighborhoods.
Positioned along Alvernon Way, one of Tucson’s most heavily trafficked arterials with over 28,000 vehicles per day, the property offers exceptional visibility and signage potential. Its central location ensures seamless access to major thoroughfares including Speedway Boulevard and Grant Road, while placing tenants or owners within minutes of Banner University Medical Center, the University of Arizona, and a dense concentration of retail, dining, and residential neighborhoods.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 0.28 AC |
| Zoning | O-2, City of Tucson - O-2, City of Tucson - Office | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.28 AC |
| Zoning | O-2, City of Tucson - O-2, City of Tucson - Office |
1 LOT AVAILABLE
Lot
| Lot Size | 0.28 AC |
| Lot Size | 0.28 AC |
Approved 12,592 SF lot zoned O-2 for office use with high visibility on Alvernon Way (28K+ VPD). Centrally located near major roads, retail, and medical centers. Ideal for medical or professional office development.
DESCRIPTION
The proposed building design includes three suites ranging from ±959 to ±1,250 square feet, ideal for multi-tenant occupancy or single-user customization. The site plan incorporates ample parking, landscaping buffers, and modern architectural elevations, making it a compelling option for medical, dental, or professional office users.
PROPERTY TAXES
| Parcel Number | 122-18-025B | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $11,439 |
PROPERTY TAXES
Parcel Number
122-18-025B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$11,439
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