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739 W Budmoore Ter
Tucson, AZ

739 W Budmoore Ter

$25,000
bd • ba • sf

This analysis was generated by artificial intelligence on 2/4/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

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AI Property Analysis

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List Price

$25,000

Price/Sq.Ft

$25000

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Low price: At $25,000, the property is priced significantly below the median home price in Tucson. This could present an opportunity for investors or buyers willing to take on a fixer-upper project. • Location in Tucson: The property is located in Tucson, which offers a desirable climate, a growing job market, and a variety of cultural and recreational amenities. The median income in Tucson is $32,150. • Potential for redevelopment: Depending on the zoning regulations, the property could be redeveloped for a variety of uses, such as a new home, a rental property, or a commercial building.

The Bad

• Missing property details: The listing lacks essential information, such as the number of bedrooms and bathrooms, square footage, and year built. This makes it difficult to assess the property's value and potential. • No property description or photos: The absence of a property description and photos raises concerns about the condition of the property. It's possible that the property is in disrepair or has other issues that the seller is not disclosing. • Unknown utilities and systems: The listing provides no information about the property's utilities and systems, such as the HVAC, plumbing, and electrical systems. This makes it difficult to estimate potential repair or replacement costs.

The Ugly

• Potential demolition costs: If the existing structure is beyond repair, demolition costs could range from $5,000 to $15,000, depending on the size and complexity of the structure. This cost should be factored into the overall investment. • Unknown repair costs: Without knowing the condition of the property, it's impossible to estimate potential repair costs. These costs could be substantial, especially if the property has been neglected for a long time. • Zoning restrictions: Zoning regulations could limit the property's potential uses and make it difficult to obtain the necessary permits for redevelopment. This risk should be carefully evaluated before making an offer.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Investors seeking land for development: Given the lack of information about the existing structure, the property may be best suited for those looking to acquire land for new construction or redevelopment. The $25,000 price point is attractive for land acquisition, but due diligence is necessary to confirm zoning and building feasibility. • Buyers comfortable with extensive due diligence and potential demolition: The limited property details suggest the existing structure may require significant repairs or demolition. Buyers should be prepared to thoroughly investigate the property's condition and zoning regulations. • Individuals interested in small-scale urban farming or gardening: If the lot is suitable, the land could be used for gardening or small-scale urban farming, contributing to local food production. However, the necessary permits and water access should be verified.

Not For

• Buyers seeking a move-in ready home: The lack of property details suggests the property may require significant renovations or demolition. Buyers seeking a turnkey property should look elsewhere. • Individuals with limited financial resources: Even at a low purchase price, the costs associated with demolition, new construction, or extensive renovations can quickly add up. Buyers should have sufficient financial resources to cover these expenses. • Risk-averse buyers: The lack of information about the property makes this a high-risk investment. Buyers who prefer more certainty and predictability should avoid this property.
Demographics
Area Median Income

$32,150

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Risk Assessment

Risk Analysis

• Unknown property condition: Without interior or exterior photos, it's impossible to assess the condition of the existing structure. It could require significant repairs or even demolition, adding substantial costs. • Zoning restrictions: The property's zoning designation could limit its potential uses. It's essential to verify the zoning regulations before making an offer. • Environmental concerns: There may be environmental hazards, such as soil contamination, that could require remediation. A Phase I Environmental Site Assessment is recommended. • Title issues: There could be liens, encumbrances, or other title issues that could affect ownership. A title search is essential. • Utility availability: Water, sewer, and other utilities may not be readily available, or connection fees could be high. Contacting the utility companies is crucial.

Financials

Monthly Costs
Market Rent (0 bed)

$786

Location & Comparables

Subject Property
View on Zillow

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