Redefining Perceptions

about Real Estate Auctions

Call Us Today! 312-278-0600

Tucson, AZ - St. Demetrios Church & Development Land

- Tucson, Arizona

Get updates or ask a question about this property

In order to keep you updated on this property as we move through the auction process please provide the following information:

Invalid Input
Invalid Input
Invalid Input
Invalid Input
Invalid Input
Invalid Input
Invalid Input

Why Buy This Property

OPPORTUNITY
What an incredible and rare opportunity! This 253,347 sq. ft (5.82 Acre) property is in a high demand infill residential location. Portions of the properties are zoned multi-family residential, office (O-3), residential (R-2), and commercial (C-1). Potential for future uses includes single and multi-family residential, church, school, or commercial uses.

LOCATION 
The properties are located in Central Tucson on the north side of Fort Lowell Road, west of Mountain Avenue, and south of Halcyon Road.

WHY BUY THESE PROPERTIES

• High demand infill residential development location
• 2 miles north of the University of Arizona
• Close to downtown Tucson
• Easy access to public transportation
• Close to I-10 & major transportation routes
• Traffic Count – Fort Lowell Rd. 28,000 VPD, Mountain Ave. 10,519 VPD

Description

 

PARCEL DESCRIPTIONS

Parcel 1
A single-story church facility and two-story educational building totaling 19,601 sq. ft. on a 79,809 sq. ft.(1.95 AC) site. Located on the north side of Fort Lowell Rd. west of Navajo Rd. Zoned O-1 (Office Zoning District).

Parcel 2
A 4,285 sq. ft. commercial building on a 50,791 sq. ft. (1.166 AC) site. Located on the north side of Fort Lowell Rd. west of Parcel 1. Zoned O-1 (Office Zoning District).

Parcel 3 Selling absolute!
A 2,210 sq. ft. Quonset hut storage building on an 11,238 sq. ft. (0.258 AC) site. Located on the east side of Navajo Road east of the church. Zoned C-1 (Commercial Zoning District)

Parcel 4 Selling absolute!
A 106,509 sq. ft. (2.445 AC) development site. Frontage on the north side of Navajo Rd. and the south side of East Halcyon Rd. Zoned R-2 (Residential Zoning District). 

Auction / Date / Time

August 23, 2022 2:00 P.M. Arizona Time

Offering Strategy

SEALED BID AUCTION - These properties will be sold subject to the Terms of Sale. Parcels 3 and 4 will be sold ABSOLUTE, regardless of price.  This is a sealed bid auction event. Bidders may bid for a single tract, any combination of tracts, or the entirety.  Bidders are encouraged to ask questions in advance. The purchase of a Bidder's Information Packet and wire-transferred funds to the Title Company listed in the Purchase and Sale Contract advance of bidding. See Bidder's Information Packet for more details.

Inspection Dates

Inspection Dates and Time: By appointment only – 10:00 a.m. on June 21, July 6, 20, and August 2. 

Please do not disturb the church members, employees, or tenants or ask questions of their personnel.  

On the inspection dates, representatives of the auction company will provide tours of the property and be available to answer questions.  Please call (312) 278-0600 extension 101 to schedule your inspection.  

Registration and government-issued photo identification are required by all persons attending any and all property inspections.

Auction Location

Sealed Bid Auction- This is a sealed bid auction event. Bidders are encouraged to ask questions in advance. The purchase of a Bidder's Information Packet is required to bid. Bidders are required to submit a wire-transferred auction deposit to the Title Company listed in the Purchase and Sale Contract and fill in and sign the auction Purchase and Sale Agreement in order to bid. See Bidder's Information Packet for more details.

Bids are to be delivered to  Fine & Company LLC via email to info@fineandcompany.com on or before 2:00 p.m. local time on the date of the auction. The Sale Contract is important for you to review and understand.  Should you have any questions, please contact Fine & Company at 312.278-0600 extension 101.

Bids received after the bid deadline will not be eligible for consideration and will be returned to the sender.

Details

Certified Funds To Bid : Certified Funds Required to Bid. See Bidder's Information Packet for Details

Buyer's Premium (Buyer's Fee) : 10% of the bid price

In Cooperation With : John A. Weaver, Licensed Arizona Broker

Order Bidder's Information Packet

A Bidder's Information Packet is required to bid. The packet includes auction and property information, title report, Phase I Environmental Assessment, lease affecting only Parcel 5, ALTA Survey, real estate tax bills, local information, auction purchase, and sale agreement, auction deposit agreement, and terms of sale.



Bidder's Information Packets are available in PDF format for $30.00. To order your Packet click on the link below to download the order form

Contact Us

  Fine & Company LLC
  John A. Weaver, CAI, CAE
  520-298-3010
  John@fineandcompany.com

Request more information

Invalid Input
Invalid Input
Invalid Input
Invalid Input
Invalid Input
Invalid Input
Invalid Input

Other Information

Broker Participation : Buyer's Agent participation is invited!
A 2% referral fee will be paid to the REALTOR®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale. Seller has provided a variable commission rate.

Licensing : Michael A. Fine Licensed AZ Broker

Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet. 

Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.

AddToAny Buttons