1011 N Craycroft Road, Tucson, AZ 85711
$2,550,000
Property Type:
Commercial
Square Footage:
27,072
Lot Size (sq. ft.):
96,942
Status:
Closed
Current Price:
$2,550,000
List Date:
7/21/2025
Last Modified:
4/14/2026
Overview
Description
Listing Details MLS# 22503480
Address Information
- Street #
- 1011
- Direction
- N
- Street Name
- Craycroft
- Suffix
- Road
- State/Province
- AZ
- Zip Code
- 85711
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 127-02-2790
- Area
- Central
- Tax Year
- 2024
- Taxes
- 47427.49
- Assessments
- 366171
- Taxes For
- Building & Land
- Legal Description
- MITMAN LOT 6 LESS E20' FOR RD & LOT 7 & LOT 8 EXC W17' BLK 4
- Development Name
- Craycroft Plaza
- Municipality/Zoning
- Tucson - C1
- Fire Protection
- Included in Taxes
- FEMA Flood Zone
- No
- Municipal Flood Zone
- No
General Property Information
- Property Sub-Type
- Professional/Office
- Construction Status
- Existing
- # Units
- 12
- Total Parking
- 111
- Multi-Tenant
- Yes
- Year Built
- 1959
- Lot Dimensions
- 600x575 ft
- Lot Acres
- 2.17
- Lot Sqft
- 96942
- Lot Size Source
- Assessor
- Combined SqFt
- 27072
- Source of SqFt
- Assessor
- Leasable SqFt
- 5590
- List Price/SqFt
- 110.63
- Lot Size Price/SqFt
- 30.89
Property Features
Construction:
Brick
Roof:
Built-Up
Fenced Storage:
No
Main Cooling:
Central Air
Main Heating:
Heat Pump
Water Heater:
Electric
Gas:
None
Sewer:
Connected
Water:
Public
Accessibility Option:
Entry; Level; Wide Hallways
Fence:
None
Landscape - Front:
Decorative Gravel; Natural Desert; Shrubs; Trees
Landscape - Rear:
Trees
Road Type:
Chip/Seal; Paved
Parking:
Free; Paved Parking
Business Location:
Business Park; Office/Professional
Terms:
Cash; Conventional
Submit With Offer:
Proof of Funds
Contract Information
- Method of Title
- Fee (Simple)
- Short Sale
- No
Status Change Info
- Off Market Date
- 2026-01-29
- Pending Date
- 2026-04-10
- Sold Date
- 2026-04-14
- Sold Price/SqFt
- 94.19
- Lot Sz Sold Prc/SqFt
- 26.3
- Financing
- Cash Owner Carryback
More Information
Income
- Gross Scheduled Rent
- 365034
- Net Opp Income
- 213734.97
Analysis
- Cap Rate %
- 7.13
- Vacancy Rate %
- 20
Expenses
- Figures Presented
- Actual
- Insurance
- 9712.19
- Taxes/Assessments
- 47427.49
- Other Expenses
- 94059.35
Unit Information
- Office
- Business Park
Electric
- Electric Company
- TEP
Parking
- Other
- 111 parking spots
- Free
- Yes
- Paved Parking
- Yes
Sold Info
- Est. Closing Date
- 2026-04-14
- Seller Concessions
- 20000
Gas
- None
- Yes
Construction
- Brick
- Yes
Sewer
- Connected
- Yes
Roof
- Built-Up
- Yes
Water
- Public
- Yes
Fence
- None
- Yes
Road Type
- Chip/Seal
- Yes
- Paved
- Yes
Fenced Storage
- No
- Yes
Main Cooling
- Central Air
- Yes
Main Heating
- Heat Pump
- Yes
Water Heater
- Electric
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Submit With Offer
- Proof of Funds
- Yes
Accessibility Option
- Entry
- Yes
- Level
- Yes
- Wide Hallways
- Yes
Landscape - Front
- Decorative Gravel
- Yes
- Natural Desert
- Yes
- Shrubs
- Yes
- Trees
- Yes
Landscape - Rear
- Trees
- Yes
Business Location
- Business Park
- Yes
- Office/Professional
- Yes
Listing Office:
Larsen Baker, LLC
Last Updated: April - 14 - 2026
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