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Land - Marana, AZ
Amazing Opportunity in the rapidly growing Marana AZ market. See attached map for all the new development happening in and around Marana! Thousands of new homes are going up on both sides of the 10 and Tangerine. Numerous new developments coming soon with all the big name stores and national brands! This parcel was once an RV Park and has ''Legacy Zoning'' that affords the opportunity to develop this property into nearly any type of project (excluding residential). This is a truly unique property with freeway frontage and access to Tangerine Rd, Marana, Oro Valley and all the growth that is moving to the area. Investment Highlights
1. Strategic Location and Market Growth
Prime Location: Situated with freeway frontage along I-10 and direct access to Tangerine Road, the property benefits from high visibility and connectivity to Marana, Oro Valley, and Tucson.
Rapid Regional Developmen...
Rapid Regional Development: Marana is experiencing significant growth, with thousands of new homes being constructed on both sides of I-10 and Tangerine Road. Major national brands and commercial developments, such as Chipotle, Pima Federal Credit Union, U-Haul, Burger King, Taco Bell, Ace Hardware, and Shamrock Foods, are under construction or review nearby, signaling strong economic momentum.
Proximity to Key Infrastructure: Located just 1.25 miles from the I-10 Tangerine Road exit, the property is well-positioned to capitalize on the area's expanding infrastructure and population growth.
2. Flexible Legacy Zoning
Unique Zoning Advantage: The property benefits from "Legacy Zoning" (Marana - E), which allows for a wide range of commercial and industrial uses, excluding residential development. Potential uses include RV park, storage facilities, warehouse, distribution, retail, office, hotel, restaurant pads, car charging stations, manufacturing, or tiny homes.
Subdivision Potential: The 16.73-acre lot can be subdivided into smaller acre lots, offering flexibility for investors to tailor development to market demand or sell portions of the land.
3. Infrastructure and Readiness
Utility Access: The property has access to electric and water utilities at the lot lines, with Marana planning to install municipal water to the property frontage. An access easement will be provided during the Tangerine Road widening project, enhancing accessibility.
Permit-Ready Potential: A preliminary study by the seller outlines viable development options, such as a medium-level distribution center or a hotel pad with retail/restaurant pads and car charging stations, streamlining the planning process for investors.
4. Investment and Financing
Competitive Pricing: Listed at $5 per square foot, for the 16.73-acre parcel (728,538 square feet), the property offers a cost-effective entry point in a high-growth market.
Competetive financing is available.
5. Diverse Development Opportunities
RV Park and Storage Demand: The property's history as an RV park, combined with its zoning, makes it ideal for redeveloping into a modern RV park or storage facility, catering to the growing demand for recreational and storage solutions in the region.
Mixed-Use Potential: The zoning and location support a variety of commercial uses, such as retail, office, or industrial projects, allowing investors to capitalize on Marana's commercial expansion.
High-Growth Corridor: Adjacent to the Marana Technology Center and surrounded by industrial and commercial projects (e. g., PVB Metal Fabrications, SAS Services), the property is in a "path of progress" with strong potential for appreciation.
6. Environmental and Market Stability
Low Environmental Risk: The property has a decreasing flood risk, increasing wildfire risk, severe heat risk (6 days above 109°F annually), and minimal wind and air quality risks, providing a stable environment for development.
Strong Local Economy: Marana's ongoing capital improvement projects, including transportation, water, and community developments, support long-term economic stability and growth, enhancing the property's investment potential.
Conclusion
The 9001 W Tangerine Road property is a unique investment opportunity in a rapidly developing area of Marana, AZ. Its strategic location, flexible zoning, existing infrastructure, and diverse development potential make it an attractive option for investors seeking to capitalize on the region's growth. Whether redeveloped as an RV park, storage facility, or mixed-use commercial project, this property is well-positioned to deliver strong returns in a high-demand market.
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