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27288032
28776575

Innovation Park, Tucson, AZ 85701

FA
AZ Arizona BR07838900
Larsen Baker, LLC
Listed by Larsen Baker, LLC
$1,750,000
246 days on market
Updated 94 days ago

Innovation Park

Details
APN 219-20-9110
Property Type Hospitality, Land (+1)
Sub Type Hotel, Industrial (+1)
Broker Co-Op Yes
Acreage 7.900
Zoning Campus Park Industrial (CPI)

Hospitality

Marketing description

This property offers great exposure and is the only high-rise zoning development site in Innovation Park / Oro Valley

Innovation Park is situated in the heart of a growing region, the Town of Oro Valley, rated one of America’s best cities which is northwest of Metro Tucson that is noted for a variety of life Bioscience disciplines. This area is experiencing continued residential growth and offers some of the strongest household incomes in Metro Tucson.

Investment highlights

  • Sales Price: $1,750,000 ($5.09 PSF)

  • Size: ± 7.90 acres (344,124 square feet)

  • Parcel #: 219-20-9110

  • Zoning: Campus Park Industrial (CPI) Uses include but are not limited to Office, light retail uses, Medical, light manufacturing, and warehousing in a campus-like setting.

  • Infrastructure is Complete · Roads, Curbs, and Sidewalks · Landscaped Common Areas · All Utilities Readily Available · Parcel Drainage Plan is Complete

  • Oro Valley Ordinance # (0) 07-39 allows Hotel Development up to 60' in height (5-story)

  • The development site offers great exposure with approximately 487 feet of frontage on Tangerine Road.

  • The development site is level with great access and exposure

  • Dramatic views of the Santa Catalina Mountain that create the resort setting for new development.

  • The parcel is directly to the east of Oro Valley Hospital and across Tangerine Road to the south is the 800,000 square foot Oro Valley Marketplace with tenants: Walmart Supercenter, Century Theatres, Petco, Ultra Beauty, In-N-Out Burger, Olive Garden, Red Lobster... and the list goes on.

  • Heart of Oro Valley. In the center of densely populated residential communities to the north, the Town of Marana to the west, and the city of Tucson to the south.

  • The development site is just west and has easy access to North Oracle Road. The main north/south corridor road between Oro Valley and central Tucson.

  • Easy access to Interstate 10. Phoenix to the North - Mexico to the South.

  • Owner will consider Finance Carryback, Ground Lease

Listing Contacts

FA
AZ Arizona BR07838900
Larsen Baker, LLC
Listed by Larsen Baker, LLC

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Additional Information

Name
Frank Arrotta
License
Arizona BR07838900
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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