$1,650,000
Prescott Valley, AZ 86314
MLS# 1015041
Status: Closed
14600 sqft
1 / 23
Property Description
Excellent Investment Opportunity for a HIGH EXPOSURE Commercial/Retail Location on Highway 69 in Prescott Valley, Arizona (Being one of the fastest growing cities in the State of Arizona) Featuring a Modern (2003) 14,345 square foot steel building with Excellent Rental History with (2) Existing/Long Term Tenants occupying 100% of the Building with 3-5 year current leases. Has 40+ Parking Spaces, 18' High Ceilings, 12' Overhead Doors, Fire Suppression, 5 New HVAC Systems, Multiple His/Her Restrooms, and has fenced cargo area. Arizona Dept of Transportation reports approximately 55,000 vehicles per day traveling past the subject property located here in the Prescott Area known as one of the top areas in the United States to Retire due to the Mild Climate, Incredible Outdoor CONTINUE...
Details
Maps
Documents
Contract/Address/Legal
Original List Price: 1895000
Listing Date: 2018-08-29
Status: Closed
Listing Price: 1895000
List Price/SqFt: 130
Street #: 6650
Direction: E
Street Name: 2nd
St Suffix: Street
City/Township: Prescott Valley
State: AZ
Zip Code: 86314
County: Yavapai
Comm Type: Retail
Zoning: C3
Tax Parcel: 103-08-054B
Assessor's Book #: 103
Assessor's Map #: 8
Assessor's Parcel #: 54
Assessor Parcel Ltr: B
REO/Short Sale: Not Applicable
Legal: AN IRREG PCL S2NE4 SE COR APPROX 1700' W & 590' N OF E4 COR OF SE C 22-14-1W CONT .98AC 3443/305
General Property Description
Lot Size: 42689
Aprx Acres: 0.98
Buildings: 1
Total Liveable SqFt: 14600
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 20
Year Built: 2003
Management: Owner
Baths - Full: 4
CC & R Fees: 14130
Tax Info
Taxes: 42426
Tax Year: 2017
Remarks & Misc
Directions: From Highway 69, turn south on Valley View to the first building on the Southwest corner of Valley View & 1st Street.
Office/Member Info
Compensation: 2
Compensation Type: %
Status Change Info
Under Contract Date: 2019-03-30
Sold Date: 2019-05-14
Sold Price: $1,650,000
Sold Price/SqFt: 113
Financing: Cash
Property Features
Bathrooms: ADA; Interior; Unisex
Building Type: 2-4 Units; Indust - Flex Space; Office - Building; Retail - Free Stand; Retail - Shopping Center
Business Location: Business Park; Corner Location; Freestanding Bldg
Commercial Amenities: Ceiling Ht. 12-15
Construction: Stucco
Cooling: Room A/C; Warehouse Evap
External Amenities: Handicap Access; Landscaped; Paved Parking; Storage Yard
Flooring: Concrete; Wood
Heating: Natural Gas; Natural Gas; Zoned
Internal Amenities: Bathroom; Fire/Smoke Detector; Sprinklers
Parking: On-Site; Storage; Street Parking
Possession: At Recordation
Records Available: Alta Survey; As-Built; Site Plan
Road Responsibility: City Maintained Road; Paved
Roof: Metal
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: Water - City; WWT - City Sewer
Supplements
Activities, Low Crime Rates, Excellent School Systems, Superior Medical Facilities, and Direct Flights to and from Denver International and Los Angeles International Airports !!!! Priced at roughly $132/Sq Ft, this impressive structure/location is priced well below the acquisition cost of like Commercial Land plus the current cost of New Construction of a Steel building of this magnitude with a CAP Rate North of 8%. Please call for a Guided Tour and for additional details.....Do NOT Disturb Tenants.....
Miscellaneous Expenses 
Listing Office: RE/MAX Mountain Properties
Last Updated: June - 05 - 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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