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8155 W Tangerine Road -, Marana, AZ 85658
Overview
Description
Supplements: ... (Read more) Investment Highlights 1. Strategic Location in a High-Growth Corridor Prime Accessibility: Located on the newly widened Tangerine Road with freeway frontage along I-10, just 1.25 miles from the I-10 Tangerine Road exit, ensuring excellent visibility and connectivity to Marana, Oro Valley, and Tucson. Path of Growth: Marana is one of Arizona's fastest-growing communities, with thousands of new homes and major commercial developments (e.g., Chipotle, U-Haul, Burger King, Taco Bell, Ace Hardware, Shamrock Foods) under construction or review nearby, driving demand for flexible commercial spaces. Proximity to Key Developments: Adjacent to the Marana Technology Center and surrounded by industrial projects like PVB Metal Fabrications and SAS Services, the property is ideally positioned to serve growing businesses in the region. 2. Turnkey, Shovel-Ready Project Project Scope: Over 45,000 square feet of flex warehouse and office space, with individual suites ranging from 1,300 to 2,700 square feet. Suites can be combined for larger tenants, offering flexibility to meet diverse business needs. Design Features: Each suite includes roll-up doors, ideal for small to medium-sized businesses requiring warehouse, distribution, or light industrial space with integrated office areas. Shovel-Ready Status: The project is permit-ready with a preliminary study by the seller, streamlining the development process and reducing time to market. Marana's planned municipal water installation and access easement during the Tangerine Road widening project further enhance readiness. 3. Flexible Zoning and Market Demand Legacy Zoning Advantage: Zoned Light Industrial Marana , the 3.75-acre property supports a wide range of commercial and industrial uses, including flex warehouse, office, retail, or light manufacturing, but excludes residential development. High Demand for Flex Space: Marana's growing economy and influx of businesses create strong demand for flexible, small-to-medium-sized warehouse and office spaces, particularly for startups, logistics, and service-based companies. Subdivision Potential: The large lot size allows for potential subdivision into smaller parcels, enabling phased development or partial land sales to maximize returns. 4. Infrastructure and Accessibility Utility Availability: Electric and water utilities are accessible at the lot lines, with Marana planning to extend municipal water to the property frontage, reducing development costs. Enhanced Access: The Tangerine Road widening project includes an access easement, ensuring seamless entry and exit for tenants and customers. Transportation Hub: Proximity to I-10 and major regional employers supports logistics and distribution operations, making the site attractive for warehouse tenants. 5. Investment and Financial Highlights Competitive Land Pricing: The 3.75-acre parcel is listed at $6.50 per square foot, totaling approximately $1,060,000 for 283,000 square feet, offering a cost-effective foundation for a high-value development. Seller Financing Available: Potential seller financing enhances affordability, allowing investors to leverage favorable terms and reduce upfront capital requirements. Strong ROI Potential: The combination of low land costs, high demand for flex space, and Marana's growth trajectory positions this project for strong rental income and property appreciation. 6. Market and Economic Stability Robust Local Economy: Marana's ongoing capital improvements, including transportation, water, and community projects, support long-term economic stability and attract businesses to the area. Low Environmental Risk: The property has a decreasing flood risk, increasing wildfire risk, severe heat risk (6 days above 109°F annually), and minimal wind and air quality risks, ensuring a stable development environment. Growing Tenant Base: The influx of residential and commercial developments in Marana drives demand for flexible workspace, catering to small businesses, logistics firms, and service providers. Conclusion The turnkey, shovel-ready flex warehouse project at 9001 W Tangerine Road offers a unique opportunity to capitalize on Marana's rapid growth and high demand for flexible commercial space. With over 45,000 square feet of customizable suites, strategic location, and infrastructure readiness, this development is poised to deliver strong returns for investors. The combination of flexible zoning, seller financing, and alignment with market trends makes this an ideal investment in one of Arizona's most dynamic markets.
Listing Details MLS# 6855011
Location, Tax & Legal
- House Number
- 8155
- Compass
- W
- Street Name
- Tangerine
- St Suffix
- Road
- City/Town Code
- Marana
- State/Province
- AZ
- Zip Code
- 85658
- Country
- US
- County Code
- Pima
- Assessor Number
- 216-08-005-D
- Subdivision
- S5 T12S R12E
- Tax Year
- 2023
- Lot #
- -
- Assessor's Map #
- 8
- Legal Description (Abbrev)
- E135' W165' N2 LOT2 EXC RD 1.61 AC SEC 5-12-12
- Assessor's Parcel #
- 5
- Assessor Parcel Ltr
- D
- Add'l Parcels
- Yes
- Tax Municipality
- Marana
- Census Tract
- 4639
- Taxes
- 2768
- Marketing Name
- Tangerine Flex Warehouse
Contract Information
- For Sale or Lease?
- Sale
- Type
- Exclusive Right To Sell
General Property Description
- Apx Total Acres
- 1.61
- Apx Total Acres G/N
- G
- Price Per Acre
- 993788.82
- # Lots in Listing
- 2
- Apx SqFt
- 70226
- Price Per SqFt
- 22.78
- Apx SqFt G/N
- G
- Lot Size Dimensions
- 532 x 308
- Street Frontage
- 308
- Zoning
- Industrial
- Flood Zone
- Yes
- Elementary School District
- Marana Unified District
- High School District
- Marana Unified District
Remarks Misc
- Cross Street
- I-10 and Marana Rd
- Directions
- From I-10 Travel East on Tangerine Rd to Property on South Side of Street
Legal Info
- Township
- 12
- Range
- 12
- Section
- 5
- Lot Number
- -
Showing Notification Methods
- Showing Service
- Aligned Showings
- Text
- Yes
- Phone Call
- Yes
- No Notification Required to Show
- Yes
More Information
Special Listing Cond
- N/A
- Yes
Pmt & Rate Info
- Equity
- 1060000
- Total Owed
- 0
Assoc/Prop Info
- HOA Y/N
- N
- PAD Fee Y/N
- N
- Assessed Balance
- 0
- HOA 2 Y/N
- N
Lockbox Type
- None
- Yes
Existing Land Use
- Commercial Acreage
- Yes
- Industrial Acreage
- Yes
Zoned Presently
- Industrial
- Yes
- Other (See Rmks)
- Yes
Potential Use
- Commercial
- Yes
- Industrial
- Yes
- See Remarks
- Yes
Parcel Size
- 2.50 - 4.99 Acres
- Yes
Development Status
- Plans Available
- Yes
- Plans Included
- Yes
- On Site Imp Needed
- Yes
Land Features
- Corner Lot
- Yes
- Dual Street Ftg
- Yes
- North/South Exp
- Yes
- Adjacent to Wash
- Yes
View
- Mountain(s)
- Yes
Elevation
- 2,001 - 3,000 Ft
- Yes
Elevation Source
- Topo Survey
- Yes
Vegetation
- Natural Vegetation
- Yes
Land Configuration
- Square Rectangular
- Yes
Road Responsibility
- City Maintained Road
- Yes
Traffic Count
- 5,001 to 15,000
- Yes
Fencing
- None
- Yes
Water Source
- City Franchise
- Yes
Freeway/Highway
- Up to 1 Mile
- Yes
Sewer
- No Sewer/Septic
- Yes
- Other
- Yes
Railroad
- Railroad 1 - 5 Miles
- Yes
Electric
- Other (See Rmks)
- Yes
Topography
- Gentle Sloping
- Yes
Gas
- None
- Yes
Existing Structures
- None
- Yes
Distance to Cable
- On Property
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Distance to Phone
- On Property
- Yes
Distance to Water
- On Property
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Distance to Electric
- On Property
- Yes
Distance to Gas
- None
- Yes
Distance to Sewer
- None
- Yes
Use Restrictions
- Designated Flood Pln
- Yes
Reports/Disclosures
- Other (See Rmks)
- Yes
Environmental
- Other (See Rmks)
- Yes
Property Features