TUCSON, AZ (November 7, 2024) — A 2.1 acres of vacant land at 8790 – 8800 E Speedway Blvd in Tucson sold for $700,000 ($7.65 PSF).  The property was rezoned to C-2 while in escrow, and entitlements were obtained for a self-storage facility.

The buyer, JSF Speedway Blvd., LLC of Spartanburg, SC plans to build an Extra Space Storage.

The transactions occurred on September 19th.

Extra Space Storage is the largest operator of self-storage facilities and the largest third-party self-storage management company. Founded in 1977, it has grown to include more than 3,500 locations nationwide and has its headquarters in Salt Lake City, UT.

The assemblage was completed in two transactions owned by related sellers Kenneth and Joanne Tan, and Allan and Beverly Tong.

Kristy Kelly with Long Realty represented both sides in the transaction. For more information, Kelly can be reached at 520.954.1209.

To learn more, subscribers should refer to RED Comps #11491 and #11492.

TUCSON, AZ, USA, (October 31, 2024) — Mattamy Homes, the largest privately owned homebuilder in North America, has recently expanded its presence in the Tucson market with the purchase of 13.4 acres of land in Windmill Ridge at Mountain View Ranch, located in the sought-after town of Vail, Arizona.

The land was purchased for $1.14 million and closed on September 18, 2024.

This land acquisition represents Mattamy’s first lot take-down entrance into the larger Mountain View Ranch master-planned community. Mattamy will feature 50 single-story homes ranging from 2,278-3,056 square feet, situated on 3/4 to 1-acre lots. Select floorplans will also offer options for four-car garages or RV garages.

“We are delighted to bring the Mattamy Way to the Mountain View Ranch community,” said Anjela Salyer, President of Mattamy’s Tucson Division. “This location within Pima County offers breathtaking views of the Rincon Mountains and convenient access to top-performing schools, major employment hubs and natural preserves. We are eager to bring our high-quality homes to this community, and we believe it will be a valuable addition to our strategically located communities available across the Tucson region.”

One of the major draws of Mountain View Ranch is its location in the highly acclaimed Vail Unified School District. In addition, the community also offers convenient access to employment corridors at the University of Arizona Tech Park, Davis Monthan Air Force Base, and downtown, via Interstate 10.

As part of its commitment to preserving the natural beauty of the area, Pima County has been granted trail easements within the open space areas of the community for future planned trailways. The community is surrounded by natural desert open space, with stunning views of the Rincon Mountains to the east.

Residents of Mountain View Ranch will have easy access to the Cienega Creek Natural Preserve, a 4,000-acre preserve located just a 10-minute drive away. This community also connects to the 819-mile-long Arizona Trail, perfect for outdoor enthusiasts. Further north of the preserve is the Colossal Cave Mountain Park, where residents can enjoy horseback riding, hiking, camping and more.

Model homes for Mountain View Ranch are expected to start in Fall 2024, with sales beginning in the early 2025.

TUCSON, AZ (October 29, 2024) – The industrial property at 422 & 428 S Olsen in Tucson sold to be owner-occupied by Picture Rocks Cooling, Heating & Plumbing.

The asset sold for $685,000 ($120 PSF) for the 5,728-square-foot building, built in 1956.

It has office and warehouse space with one grade-level roll-up door, HVAC and Evaporative cooling, and a fenced yard.

Picture Rocks Cooling Heating & Plumbing has served Tucson and the surrounding area since 2001. It started off from humble beginnings with just a few technicians and advisors, but throughout the years it has expanded to meet the growing needs of the area. A locally owned and operated family business that services a variety of products. Its goal is for any Tucson area resident to be able to get full-service work on their home.

Esther Empens and Yoyo Yocum with Tierra Antigua Realty represented the seller, Timothy Hope Sewell; and Bill Mordka and Tyler LaBelle with Harvey Mordka Realty represented the buyer, Picture Rocks Cooling, Heating & Plumbing.

For additional information, Empens can be reached at 520.271.5585, Yocum at 520.591.9595, Mordka at 520.820.1720, and LaBelle at 760.419.9790.

To learn more, subscribers can refer to RED Comp #11512.