$2,255,000
MLS# 904833
Status: Closed
12181 sqft
1 / 5
Property Description
Commercial Investment property with highway frontage. In 2005, 7200 sq/ft were added to the building and original building was completely remodeled. Current tenant is a church, with a long term Net lease.
Details
Contract/Address/Legal
Original List Price: 2300000
Listing Date: 2006-06-30
Status: Closed
Listing Price: 2300000
List Price/SqFt: 188
City/Township: Prescott Valley
State: AZ
Zip Code: 86314
Comm Type: Other
Zoning: C3
Business Type: Other
Business Name: ILO
Tax Parcel: 103-05-174A
Assessor's Book #: 103
Assessor's Map #: 5
Assessor's Parcel #: 174
Assessor Parcel Ltr: A
REO/Short Sale: Not Applicable
Legal: Provided in Escrow
General Property Description
Aprx Acres: 1.03
Buildings: 1
Total Liveable SqFt: 12181
Source of Measuremnt: County Assessor
Stories: 1
Year Built: 1995
Management: Owner
Gross Vol/Yr $: 159324
NOI $: 151324
Cap %: 7
Tax Info
Taxes: 7027
Tax Year: 2005
Remarks & Misc
Directions: Highway 69 to Lake Valley Rd. South on 1st Street. Right on 1st Street to property on left.
Office/Member Info
Listing Exclusions: No
Compensation: 2.5
Compensation Type: %
Status Change Info
Under Contract Date: 2006-07-04
Sold Date: 2006-08-28
Sold Price: $2,255,000
Sold Price/SqFt: 185
Financing: Conventional
Property Features
Bathrooms: Separate M and W; Other - See Remarks
Building Type: Indust - Warehouse; Office - Building; Retail - Free Stand
Business Location: Business Park; Freestanding Bldg; Office/Professional; Other - See Remarks
Commercial Amenities: Ceiling Ht. Under 12; Ceiling Ht. 16+; Other - See Remarks
Construction: Frame - Steel; Frame - Wood; Stucco; Other - See Remarks
Cooling: Central Air; Other; See Remarks
External Amenities: Fence; Handicap Access; Landscaped; Paved Parking; Other - See Remarks
Flooring: Carpet; Tile; Vinyl
Heating: Natural Gas; Natural Gas; Other; See Remarks
Internal Amenities: Fire/Smoke Detector; Sprinklers
Parking: Other - See Remarks
Possession: At Recordation
Road Responsibility: City Maintained Road; Paved
Roof: Asphalt Shingle; Metal
Terms & Conditions: Conventional
Utilities Installed: 220; 3 Phase; Electricity; Individual Meter; Natural Gas; Water - City; WWT - City Sewer; Other - See Remarks
Listing Office: Yamauchi Real Estate
Last Updated: June - 20 - 2023
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