SNAKEBRIDGE LOTS
PRICE $850,000.00
Owner Financing available. - Will consider Accepting Offers between $700,000.00 and $850,000.00 if you want my Owner Financing.
MAKE YOUR OFFER NOW !!
email Snakebridge@proton.me
Owner Financing available.
All Offers will be considered.
2 North 1st Ave, Tucson AZ 85719
aka 710 E 10th St Tucson AZ 85719
Parcels 124-07-1650, 124-07-1640, and 124-07-1630
100' x 183' = 0.42 acre
ZONED R-3: 15 units allowed, 3 stories tall
located in Iron Horse Neighborhood
part of the Tucson Downtown Infill Incentive District Iron Horse Sub-Area info at https://storymaps.arcgis.com/stories/25562c8b3ac641ae896a0eeafe7b03cf
Prime corner lot. All utilities at lot line.
Located less than mile from the University of Arizona, the Historic 4th Avenue Business District, the modern street car, and Downtown Tucson. Located near a bike path.
SCENARIO #1:
Build two rows of townhomes:
First Level - Bottom Footprint: 28' x 163'
Second Floor with 2' cantilever on each side: 32' x 163'
Third Floor with 2' cantilever on each side: 32' x 163'
1st story : 22' x 163' garage* = 3,586 sq ft ; 6' x 163' living space = 978 sq ft
2nd story: 32' x 163' = 5,216 sq ft
3rd story: 32' x 163' = 5,216 sq ft
TOTAL Garage 3,586 sq ft per row
TOTAL Living Space = 11,410 sq ft per row
ESTIMATED MAXIMUM TOTAL LIVING SPACE FOR BOTH ROWS: 22,820 sq ft
ESTIMATE SALES VALUE AT $400 PER SQ FT = $9,128,000.00
* this is estimating 15 units (each with 2 car garage on first floor). If you divide it into fewer units but give each unit one 2 car garage, you would gain more livable square footage per unit.
This is an estimate of the maximum buildable square footage and sales price. The sale is as-is, where-is and no warranty is given. Buyer(s) must perform their own due diligence as to the suitability of this property for their purposes.
** Last 4 pictures show potential building scenarios.
SCENARIO #2:
Build 15 units of 2 bedroom apartments
SCENARIO #3:
Build 10-12 town home units in clusters of 2 or 3
SCENARIO #4:
Divide into 6 individual lots and Build Duplexes or tri-plexes on each lot. Per Downtown Area Infill Incentive District Iron Horse Subarea, minimum lot size is 2,500 sq ft.
SCENARIO #5:
Divide into 6 individuals lots and built a Single Family home and an ADU on each lot. Per Downtown Area Infill Incentive District Iron Horse Subarea, minimum lot size is 2,500 sq ft. NEW ADU Rules under House Bill 2720, dubbed the "casita bill," is the latest legislative effort to address the state's housing crisis by requiring Arizona cities to allow accessory dwelling units, or ADUs.
Allows larger ADU square footage, reduces setback requirements, and eliminates the need for extra parking requirements.
https://apps.azleg.gov/BillStatus/BillOverview/81315
https://www.abc15.com/news/state/arizona-house-passes-casita-bill-to-allow-adus-on-single-family-properties
There are too many possibilities to list.
email Snakebridge@proton.me
