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3979 W Magee Road, Tucson, AZ 85741 (MLS# 22627347)

3979 W Magee Road, Tucson, AZ 85741

New Listing
$1,595,000
Property Type: Commercial Square Footage: 5,504 Lot Size (sq. ft.): 50,254 Status: Active
Current Price: $1,595,000 List Date: 11/11/2026 Last Modified: 11/11/2026

Overview

Description

PRIME MULTIFAMILY DEVELOPMENT OPPORTUNITY! Unlock the potential of this exceptional vacant land parcel at 3979 W McGee Road! Offering an exciting opportunity to develop four brand-new duplexes totaling eight residential units, this property is ideal for builders, developers, and investors looking to expand their portfolios. A complete set of architectural plans is included in the sale, providing a valuable head start on your next investment project. Capitalize on the opportunity to create a modern multifamily community with long-term rental income potential. Bring your vision to life and take advantage of this exciting development opportunity!

Listing Details MLS# 22627347

Address Information

Street #
3979
Direction
W
Street Name
Magee
Suffix
Road
State/Province
AZ
Zip Code
85741
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
22537708A
Area
Northwest

General Property Information

Property Sub-Type
Apartment
Construction Status
New Construction
# Units
8
Total Parking
14
Multi-Tenant
Yes
Year Built
2027
Lot Dimensions
See Assessors Records
Lot Acres
1.15
Lot Sqft
50254
Lot Size Source
Assessor
Combined SqFt
5504
Source of SqFt
Builder
List Price/SqFt
289.79
Lot Size Price/SqFt
31.74

Property Features

Property Features: Smoke Detector Construction: Frame - Stucco Roof: Built-Up - Reflect Fenced Storage: Yes Main Cooling: Central Air Main Heating: Electric; Heat Pump Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Window Features: Double Pane Windows Fence: Block Landscape - Front: Low Care; Natural Desert Landscape - Rear: Low Care; Natural Desert Road Type: Paved Parking: Paved Parking; Private Parking Lot Features: North/South Exposure Terms: Cash; Conventional; Exchange; Seller Concessions; Submit Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: None

Contract Information

Method of Title
Fee (Simple)
Short Sale
No

More Information

Showing Information

Directions
See Map

Income

Gross Scheduled Rent
66048
Vacancy Loss
3302.4
Total Expenses
4675
Net Opp Income
62745

Analysis

Vacancy Rate %
5
Exp/SqFt
0.85

Expenses

Contract Services
150
Figures Presented
Proforma
Insurance
3600
Maintenance Supplies
50
Taxes/Assessments
875

Unit Information

Apartment
Low Rise

Apartment Unit Information

# of Units/1 BR
2
Avg Mo Rent/1 BR
1100
# of Units/2 BR
6
Avg Mo Rent/2 BR
1250

Property Features

A.D.A. Compliant
Yes

Electric

Electric Company
TEP

Water

Water Company
Tucson Water
IDX
Listing Office: Realty Executives Arizona Territory
Last Updated: November - 11 - 2026
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.
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