W Tangerine Road, Marana, 85658

Land-Lot - Industrial For Sale in N/A

$14,620,000

Beds
Baths
Sqft
167Acres
Built
MLS® #: 21832961
Active

TANGERINE & I-10 is 167-ACRES of vacant land located east of Interstate 10 on Tangerine Rd.This is the LOCATION OF FUTURE GROWTH in Southern AZ. Priced at only $2.00 per sq.ft. for Industrial land! Seller will sell All or Part. In between MARANA & ORO VALLEY. Marana is one of the fastest growing towns in the state and Oro Valley is known as the Scottsdale of Tucson. This property will serve both. This is also the exit road for all of Oro Valley driving to Phoenix. The property has over 2900 FEET OF FRONTAGE on Tangerine Road. A perfect location for an EMPLOYMENT DEVELOPMENT with Mixed Uses to accommodate. It is currently zoned Industrial Zone E in Marana. Ask Broker for specifics on zoning. There is a Full diamond interchange on I-10 at Tangerine Rd. The I-10 Traffic Count at Tangerine R is over 61,000 (2016). The Tangerine Road Improvements is estimated at ($39M) and will begin in 2018. This is for the improvements fronting the property. The majority of Tangerine Road has already been improved recently heading east into Oro Valley and west past I-10 into Marana. The Adonis Road Extension ($2.4M) - Construction will start in 2018. There is already money in Marana CIP for it. This will give the property 2 hard intersection commercial corners. And will connect the property to the towns core and Marana Main Street. The entire Tangerine Corridor has a multitude of existing and planned projects that are in various stages of design and development. This transportation corridor services the Town of Marana and Oro Valley and shall attract future development and employment to the Northwest submarket of Pima County/Tucson for years to come. This submarket is severely, commercially & employment under served. A draft Specific Plan, "The District" has been proposed for the property to accommodate this. This particular Specific Plan envisions a comprehensive mixed-use development design to serve as a center of employment, entertainment, regional shopping center and residences for both local and regional populations. The Developer will have to enter into a development agreement with the Town of marana to bring all needed utilities and infrastucture to the site accordingly. There is Power to the site and paved road on Tangerine. Seller is open to proposals and Joint Ventures. They will consider selling all or part. Contact Broker for more information.

Essential Information

MLS® #: 21832961
Price: $14,620,000
Acres: 167.00
Type: Land-Lot
Sub-Type: Industrial
Status: Active

Community Information

Address: W Tangerine Road
Area: Northwest
Subdivision: N/A
City: Marana
County: Pima
State: AZ
Zip Code: 85658

Exterior

Lot Description: see parcel maps

School Information

District: Marana
Elementary: Gladden Farms
Middle: Marana
High: Marana

Additional Information

Zoning: Marana - E
HOA Fees: 0.00

Jim Vincent, J Vincent Company.

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