$1,600,000
TURN KEY Flex Warehouse Development Opportunity in Marana AZ. Property features 300+ feet of Tangerine Road frontage with road widening to 4 lanes underway. This project is strategically located just East of the new 2500+ Residential and Retail/Commercial planned development at Tangerine Road and the I-10. Perfect for flex warehouse space and the Town of Marana is eager to see this property developed soon. Plans are in to the Town, lot combo is approved and pending, Zoning will be changed to Industrial. Plans will be completed for 45,000 SQFT of Flex Warehouse Space with sizes from 1500 to 2700 SQFT and units can be combined for larger needs. Roll up doors and high ceilings in every unit. Be the first to bring a Flex Warehouse Space to Marana AZ. Investment Highlights
1. Strategic Location in a High-Growth Corridor
Prime Accessibility: Located on the newly widened Tangerine Road with freeway frontage along I-10, just 1.25 miles from the I-10 Tangerine Road exit, ensuring excellent visibility and connectivity to Marana, Oro Valley, and Tucson.
Path of Growth: Marana is one of Arizona's fastest-growing communities, with thousands of new homes and major commercial developments (e.g., Chipotle, U-Haul, Burger King, Taco Bell, Ace Hardware, Shamrock Foods) under construction or review nearby, driving demand for flexible commercial spaces.
Proximity to Key Developments: Adjacent to the Marana Technology Center and surrounded by industrial projects like PVB Metal Fabrications and SAS Services, the property is ideally positioned to serve growing businesses in the region.
2. Turnkey, Shovel-Ready Project
Project Scope: Over 45,000 square feet of flex warehouse and office space, with individual suites ranging from 1,300 to 2,700 square feet. Suites can be combined for larger tenants, offering flexibility to meet diverse business needs.
Design Features: Each suite includes roll-up doors, ideal for small to medium-sized businesses requiring warehouse, distribution, or light industrial space with integrated office areas.
Shovel-Ready Status: The project is permit-ready with a preliminary study by the seller, streamlining the development process and reducing time to market. Marana's planned municipal water installation and access easement during the Tangerine Road widening project further enhance readiness.
3. Flexible Zoning and Market Demand
Legacy Zoning Advantage: Zoned Light Industrial Marana , the 3.75-acre property supports a wide range of commercial and industrial uses, including flex warehouse, office, retail, or light manufacturing, but excludes residential development.
High Demand for Flex Space: Marana's growing economy and influx of businesses create strong demand for flexible, small-to-medium-sized warehouse and office spaces, particularly for startups, logistics, and service-based companies.
Subdivision Potential: The large lot size allows for potential subdivision into smaller parcels, enabling phased development or partial land sales to maximize returns.
4. Infrastructure and Accessibility
Utility Availability: Electric and water utilities are accessible at the lot lines, with Marana planning to extend municipal water to the property frontage, reducing development costs.
Enhanced Access: The Tangerine Road widening project includes an access easement, ensuring seamless entry and exit for tenants and customers.
Transportation Hub: Proximity to I-10 and major regional employers supports logistics and distribution operations, making the site attractive for warehouse tenants.
5. Investment and Financial Highlights
Competitive Land Pricing: The 3.75-acre parcel is listed at $6.50 per square foot, totaling approximately $1,060,000 for 283,000 square feet, offering a cost-effective foundation for a high-value development.
Seller Financing Available: Potential seller financing enhances affordability, allowing investors to leverage favorable terms and reduce upfront capital requirements.
Strong ROI Potential: The combination of low land costs, high demand for flex space, and Marana's growth trajectory positions this project for strong rental income and property appreciation.
6. Market and Economic Stability
Robust Local Economy: Marana's ongoing capital improvements, including transportation, water, and community projects, support long-term economic stability and attract businesses to the area.
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, ensuring a stable development environment.
Growing Tenant Base: The influx of residential and commercial developments in Marana drives demand for flexible workspace, catering to small businesses, logistics firms, and service providers.
Conclusion
The turnkey, shovel-ready flex warehouse project at 9001 W Tangerine Road offers a unique opportunity to capitalize on Marana's rapid growth and high demand for flexible commercial space. With over 45,000 square feet of customizable suites, strategic location, and infrastructure readiness, this development is poised to deliver strong returns for investors. The combination of flexible zoning, seller financing, and alignment with market trends makes this an ideal investment in one of Arizona's most dynamic markets.
6855011
MLS
8155 W Tangerine Road Unit -, Marana