TUCSON, AZ (April 16, 2026) — Villa Blanca Apartments, a 24-unit multifamily property at 2853 N. Euclid Avenue in Tucson’s Central submarket, sold March 12 for $4.2 million, or about $171.23 per square foot. The sale also equates to $175,000 per unit.

Built in 1964, the 24,528-square-foot property sits on 1.75 acres and consists of six masonry fourplex buildings. The unit mix includes 12 two-bedroom, one-bath units of about 700 square feet and 12 three-bedroom, two-bath units of about 1,200 square feet, along with a swimming pool.

The buyer was Villa Blanca Coyote LLC of Henderson, Nevada, an affiliate of J&A B&C Legacy Holdings, LLC, et al, William and Jason Clune, members. The seller was Amphi Gardens LLC of Scottsdale, affiliated with Taylor Street Investments, LLC, and Patrick O’Meara, a member. Joseph Bernard Investment Real Estate’s Joseph Chaplik handled the transaction.

Located in Central Tucson near the University area, Midtown employment centers, and established neighborhood amenities, the property reflects continued investor interest in smaller in-town apartment communities that offer both current income and future upside. Assets of this size and configuration remain notable in Tucson’s multifamily market, particularly when they include a larger share of family-sized units, which are harder to find in older core-area inventory.

The sale underscores ongoing demand for well-located multifamily properties in Tucson’s central neighborhoods, where proximity to jobs, education, and services continues to support buyer interest in both stable operations and longer-term repositioning opportunities.

TUCSON, AZ (April 15, 2026) — A 1.37-acre commercial pad at El Portal Dorado on Tucson’s west side sold for $1,283,544, adding another piece to the growing retail node at the southwest corner of Ajo Highway and Camino de Oeste. The parcel traded at approximately $935,360 per acre, or $21.47 per square foot.

The property, identified as Lot 3 El Portal Dorado at 4665 W. Ajo Highway, was purchased by CFT NV Developments LLC from ADG Ajo, LLC. The site totals 59,775 square feet and is zoned CB-1 and CB-2, allowing for a range of commercial uses. Stephen Grimm of Aspen Development Group is listed as the seller, while Mecky Wong is the manager of the buying entity.

The sale places a new owner on one of the remaining developable pads within El Portal Dorado, where Starbucks and Bisbee Breakfast Club are coming soon. Marketing materials for the project show Lots 3 and 4 as future pad opportunities adjacent to the existing shops, with additional restaurant development envisioned elsewhere in the center.

According to the listing broker, the Lot 3 pad is slated for a future Panda Express. The broker also confirmed that a Taco Bell is planned as part of the broader project on a separate pad.

The project is positioned in a growing west-side trade area along State Route 86, where the marketing package cites traffic counts of more than 24,000 vehicles per day and highlights the corridor’s expanding residential base and limited retail inventory.

Stephen Grimm and Juan Pantoja of Grimm Commercial handled the listing and sale of the property.

For more information, Grimm can be reached at 520.323.9752 and Pantoja at 520.425.5718.

Source: RED Comp #12407

TUCSON, AZ (April 14, 2026) — Three recent Central Tucson property sales are offering a timely reminder that the Tucson Gem, Mineral & Fossil Showcase supports more than hotels, restaurants, and seasonal retail traffic. It also creates a distinct layer of commercial real estate demand, particularly for older but functional retail and industrial properties that can serve showroom, storage, logistics, and expansion needs tied to one of Tucson’s most internationally recognized winter industries.

The most recent example came at 1500 and 1508 N. Oracle Road, where ABT World of Crystals LLC purchased a two-building retail property for $925,000 in a cash sale that closed February 13, 2026. The property totals 2,963 square feet on 0.37 acres, equating to approximately $312.18 per square foot. Sold by Levels Auto Sales LLC, the site includes showroom and office space, covered parking, a fenced lot, and a monument sign. Built in 1963 and zoned C-3, the property offers the kind of visibility and flexibility that can be difficult to find on smaller infill parcels along older commercial corridors. ABT World of Crystals purchased the site to expand its existing fossil and mineral store at 1635-1645 N. Oracle Road, a long-term owner-user commitment rather than a passive investment for the buyer.

A few weeks earlier, a former Arts for All property at 2520 N. Oracle Road sold on January 16, 2026, for $850,000, or about $97 per square foot. The 8,758-square-foot retail building sits on 1.1 acres and was sold by JCC-AFA Land LLC, care of the Tucson Jewish Community Center, to Alec Day of Ogden, Utah. The buyer is associated with the Tucson Gem Show and acquired the building for gem show-related functions. The property features that make it useful beyond traditional storefront retail include ample parking, a covered outdoor area, and solar panels. Allan Mendelsberg and Kameron Norwood of Cushman & Wakefield | PICOR represented the seller, while Michael Coretz of Commercial Real Estate Group of Tucson represented the buyer.

The pattern continued at 1401 N. Bailey Lane, where a 12,068-square-foot industrial building sold on January 30, 2026, for $1,450,000, or roughly $120 per square foot. The building, constructed in 1984 on 0.96 acres, was sold by BFS Real Property LLC of Tucson to Geoworld Inc. Geoworld also owns 1635 N. Oracle Road, home to The Co-op: Mineral & Fossil Galleries, a year-round gallery and winter show venue in Tucson’s Mineral & Fossil District. While the intended use of the Bailey Lane acquisition was not publicly detailed beyond gem show-related operations, the building’s layout points to a practical purpose. Its office area, two grade-level roll-up doors, and a fenced-and-gated yard create a setup well-suited for receiving, packing, secure storage, and short-term staging during peak season. Waco Starr and Veronica Vondrak of Long Realty Company represented both sides of the sale.

Taken together, the three acquisitions show how gem show demand continues to shape buying activity in Central Tucson, especially along the North Oracle corridor and nearby industrial pockets. These are not trophy properties, but that is part of the point. For gem show operators, mineral dealers, and affiliated businesses, polished finishes often matter less than location, access, yard space, parking, loading capability, and the ability to adapt a building to seasonal intensity while maintaining year-round use.

The timing also stands out. This year’s calendar again packed major events into a concentrated window. JOGS Tucson ran from January 28 to February 8, 2026. AGTA GemFair Tucson was held from February 2 to February 6, 2026. The Kino Gem & Mineral Show ran from January 29 to February 15, 2026. Add in the Tucson Gem & Mineral Show itself and dozens of satellite venues spread across the metro area, and the need for back-of-house space becomes easier to understand.

The Gem Show is not simply a collection of public marketplaces. It is a temporary commercial ecosystem that requires substantial physical infrastructure to function efficiently. In that context, Central Tucson’s older retail and industrial inventory continues to offer something valuable: practical space in strategic locations at a basis that can still make sense for owner-users and specialized operators tied to Tucson’s signature winter trade.