TUCSON, AZ (November 26, 2024) -- CBRE's Tim Healy represented Sanchez Properties LLC in the $575,000 ($3.22 PSF) sale of 4.1 acres of land at 9368 East Old Vail Road to Brandon Investments LLC of Russellville, Arkansas, Mr. Christopher Grace, member.
It is located within proximity to several amenity-rich intersections, including Houghton Town Center, and is part of the Rita Ranch master plan community. Sewer utilities from Pima County Wastewater, water from the City of Tucson, electric from Tucson Electric and Power, and natural gas service confirmed from Southwest Gas.
The heavy industrial-zoned land, aka lot 7 in Rita Commerce Center, is ready for construction. However, we could not determine the buyer's plans for the property.
CBRE's Buzz Isaacson represented 2632 N Campbell LLC in the sale of 2632 N Campbell Avenue, a 1,750-square-foot office building that sold for $410,000 ($234 PSF) to RIL Holdings, LLC, Mr. Chase Rasmussen, member.
Built in 1959, the property is located in North Campbell Estates on a 3,600-square-foot lot. Previously occupied as a law firm dba Leonardo Law Offices, the buyer is also a personal injury attorney with offices in Tucson and Glendale, AZ.
Both sales were completed on November 13, 2024.
For more information, Healy can be reached at 520.323.5119 and Isaacson at 520.529.1300.
To learn more, subscribers can refer to RED Comp #11589 and #11588.