NAI Horizon Recently Completes an Office and Land Sale in Tucson

TUCSON, AZ (November 13, 2024) — NAI Horizon reports several recent sales.

The first transaction, 660 Valencia, LLC, purchased the 3,630-square-foot building at 660 W. Valencia Road for $690,000 ($190 PSF). Built in 1990, the building was owned and occupied by Goldberg & Osborne before closing this office. The buyer is with Lerner & Rowe Personal Injury Attorneys, who plans to owner-occupy it.

The transaction closed on October 16, 2024.

Michael Gross with Tucson Realty & Trust Company represented the seller, and Scott Soelter with NAI Horizon represented the buyer.

The second transaction, 880 E Benson Hwy, LLC, purchased the former gas station at 880 E. Benson Highway for $415,000 ($13.17 PSF), the land value for the 31,500-square-foot lot.

The transaction closed on October 25, 2024.

Gordon Wagner and Ben Craney with NAI Horizon represented the seller, and Jason Oxios with Southwest Urban Realty, LLC represented the buyer in this transaction.

For more information, Gross can be reached at 520.577.7000, Soelter at 520.204.6969, Wagner at 520.326.2200, Craney at 520.326.4500, and Oxios is at 480.233.7347.

To learn more, subscribers can access RED Comp #11535 and #11553.




Avanti Purchases second large acreage deal in Vail area of Tucson, AZ

Tucson, ARIZONA (November 8, 2024) — Desert Vistas (Tucson) SPV, LLC ( Avanti Properties Group of Florida) recently closed on approximately 399 acres near SR 83 and Interstate 10 for $4.5 million ($11,306 per acre). The land was purchased from the Khan Family of Tucson.

The property is located strategically along Interstate 10 and has convenient access to Tucson’s largest employers. It is also within the award-winning Vail School District. The property will be held for investment.

This is Avanti’s second purchase in the Tucson area in the past 48 months. Mark Voigt and David Rogers, with Voyager Properties out of Phoenix, are planning and managing the Avanti projects. Currently, the group is working on approving and developing 616 lots known as Ocotillo Ridge in southeast Tucson’s Santa Rita Foothills area.

Will White and John Carroll of Land Advisors Organization in Tucson handled the transactions and are handling the marketing assignment for this new property and the Ocotillo Ridge project.

White commented, “This is another well-located, strategic investment in Tucson by Avanti. Alongside Voyager, they are working diligently to create lot supply in the Vail area of Tucson where lots are extremely hard to come by. The timing and creation of this inventory will create premium opportunity for Tucson’s homebuilders”




Former International Wildlife Museum Castle Sold at Auction

TUCSON, AZ (November 6, 2024) — The former International Wildlife Museum at 4800 West Gates Pass Road in Tucson sold at a Ten-X auction on October 24th  for $1,010,625 ($19.68 PSF).  Built in 1987, the three-story building consists of ±51,331 square feet on ±11.37 acres. The museum closed its doors on December 31, 2023.

The building is styled as a stone castle, with a pond-like mote and a 96-seat theater, commercial kitchen, cafeteria, two exhibit halls, conference rooms, storage areas, and office. The buyer was Troy and Lori Frey Trust of Tucson, who weren’t ready to disclose their intended use of the property.

A pond in front of the building once housed Sonoran mud turtles and several species of rare desert fish, which were relocated to other safe-harbor locations across Arizona under agreements with state and federal wildlife agencies.

For 35 years, the International Wildlife Museum held more than 400 mammals, birds, and insect species. The taxidermied animals were relocated, and some less exotic animals were sold separately at auction. The seller, Safari Club International Foundation of Sugar Land, TX, operated the operation. Over the years, critics have criticized it for affording wealthy shooting safari participants a tax write-off when they donated the animals they shot and killed overseas.

The taxidermy and exhibits were relocated to new locations to continue educating the public on wildlife appreciation and the role of wildlife management conservation, including a tiger killed in India in 1969, a rhinoceros caught by President Theodore Roosevelt, penguins from Richard Byrd’s South Pole discovery trip, and a wooly mammoth

Mindy Korth and Todd Noel with Colliers in Phoenix represented the seller.

Korth said the property could easily be turned into another museum, a performance hall, a worship center, a spa and retreat, or a medical facility. She added that the seller had hired a consultant to develop a list of possible uses based on the current zoning for Gates Pass, GZ2, which would prohibit high-density development.

For more information, Korth should be reached at 602.531.5538, and Noel is at 602.222.5190.

To learn more, subscribers should refer to RED Comp #11548.