$2,300,000
Prescott, AZ 86301
MLS# 1044612
Status: Closed
14340 sqft
1 / 19
Property Description
Investors opportunity to own 1.77 acres in the heart of Prescott. Fully leased to 7 businesses with ROI at 5.9%, this 14,340 sf drive-around metal building sits on privately maintained concrete with 9 workshops featuring 14 roll-up doors, 18 parking spaces, private restrooms, and unlimited views to the south of the Prescott area. This listing includes additional vacant parcel that is 0.42 ac and used by tenants. Firm as-is. All information to be verified by Buyer. Showings only upon signed purchase offer with NDA. DO NOT DISTURB TENANTS. See also MLS 1044385 offered at $1.45m that sits on 0.79 acre for just over 2.5 acres total of prime real estate!
Details
Maps
Contract/Address/Legal
Original List Price: 2300000
Listing Date: 2022-01-17
Status: Closed
Listing Price: 2300000
List Price/SqFt: 160
Street #: 1050
Street Name: Willow Creek
St Suffix: Road
City/Township: Prescott
State: AZ
Zip Code: 86301
Subdivision: None
Neighborhood: N/A
County: Yavapai
Comm Type: Industrial
Zoning: BR
Business Type: Varied
Tax Parcel: 115-05-033J
Assessor's Book #: 115
Assessor's Map #: 5
Assessor's Parcel #: 33
Assessor Parcel Ltr: J
REO/Short Sale: Not Applicable
Legal: AN IRREG PCL SE4NE4 SW COR APPROX 642'W 135'N FROM E4 COR 29-14-2 W CONT 1.35AC
General Property Description
Lot Size: 54475
Aprx Acres: 1.77
Buildings: 1
Total Liveable SqFt: 14340
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 18
Year Built: 1985
Management: Mgmt Company
NOI $: 134846
Cap %: 5.9
CAM $: 1470
Baths - Full: 9
GRM: 0.00
CC & R Fees: 14341
Tax Info
Taxes: 10528
Tax Year: 2021
Remarks & Misc
Directions: From Iron Springs/Miller Valley go north on Willow Creek Road to driveway on left.
Office/Member Info
Listing Exclusions: No
Compensation: 2
Compensation Type: %
Status Change Info
Under Contract Date: 2022-04-18
Sold Date: 2022-05-03
Sold Price: $2,200,000
Sold Price/SqFt: 153
Financing: Cash
Property Features
Bathrooms: Interior
Building Type: 5+ Units; Auto; Indust - Flex Space
Business Location: Other - See Remarks
Commercial Amenities: Ceiling Ht. 12-15; Overhead Door(s)
Construction: Frame - Steel
Cooling: Other; See Remarks
External Amenities: Paved Parking
Flooring: Concrete; Other; See Remarks
Heating: Other; See Remarks
Internal Amenities: Bathroom; Other - See Remarks
Parking: On-Site
Possession: At Recordation
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road
Roof: Metal
Pets/Animals: None
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: 220; 3 Phase; Electricity; Individual Meter; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: BloomTree Rental Solutions
Last Updated: June - 20 - 2023
The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction.
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