$1,730,000
Prescott Valley, AZ 86327
MLS# 1008035
Status: Closed
2 baths | 15500 sqft
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Property Description
Its not very often an opportunity like this comes around. This Class A property was built in 2015 with 32 mini warehouse units, 2 storage containers & room for 5 more, 21 RV & 46 Car parking spaces, separate Men's and Women's restrooms, an Office trailer, 3 Phase, and an 8.33% CAP Rate. The entire property is fully fenced with automated gates, outdoor security lighting, Surveillance Cameras, all the units have LED lighting, insulation, and are finished vanilla shell. The property provides substantial opportunities to increases revenue, cash flow, and investment value by capitalizing on the available land to store RV’s, Boats, Horse Trailers, and build additional storage units. This is also the dream location to build a new building for your business while collecting $16K a month in revenue
Details
Maps
Documents
Contract/Address/Legal
Original List Price: 1800000
Listing Date: 2017-11-16
Status: Closed
Listing Price: 1800000
List Price/SqFt: 116
Street #: 622
Direction: S
Street Name: Bennett
St Suffix: Drive
City/Township: Prescott Valley
State: AZ
Zip Code: 86327
County: Yavapai
Comm Type: Industrial
Zoning: M1
Tax Parcel: 402-02-024U
Assessor's Book #: 402
Assessor's Map #: 2
Assessor's Parcel #: 24
Assessor Parcel Ltr: U
REO/Short Sale: Not Applicable
Legal: ANTELOPE MEADOWS COMMERCIAL CENTER REVERSIONARY PLAT PER MAP & PL ATT 57/24 & A METES & BOUNDS PORTION OF SECTION 3 TOWNSHIP 13N RA NGE 1E BEING THE WESTERLY PORTION OF TRACT A & AN APPROXIMATELY 1 8' STRIP ALONG THE NORTH LINE OF SAID TRACT A 2 CONT
General Property Description
Lot Size: 89734
Aprx Acres: 2.06
Buildings: 7
Total Liveable SqFt: 15500
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 67
Year Built: 2015
Vac Rate %: 0.05
NOI $: 150000
Cap %: 8.33
Baths - Full: 34
GRM: 9.47
Property Use: Investment Prop
Space Available: Yes
Total Bathrooms: 2
CC & R Fees: 15501
Tax Info
Taxes: 16000
Tax Year: 2017
Remarks & Misc
Directions: From State Route 169 turn North on Cold Water Lane. Follow it around until it becomes Bennett Drive. The Property is on the Northwest corner of Bennett Drive &
Cold Water.
Office/Member Info
Compensation: 2.5
Compensation Type: %
Status Change Info
Under Contract Date: 2018-03-13
Sold Date: 2018-06-08
Sold Price: $1,730,000
Sold Price/SqFt: 112
Financing: Conventional
Construction
# of Bays: 32
Property Features
Bathrooms: ADA; Exterior; Separate M and W
Building Type: 5+ Units; Indust - Bus Prk; Indust - Warehouse; Indust-Manufacturing; Mini/Self Storage
Business Location: Business Park; Freestanding Bldg; Office/Professional
Commercial Amenities: Grade Level; Roll-Up Door(s); Ceiling Ht. 12-15; Overhead Door(s)
Construction: Frame - Steel
Cooling: Room A/C
External Amenities: Fence; Handicap Access; Landscaped; Paved Parking; Security Lights; Storage Yard; External Restroom
Flooring: Carpet; Concrete
Heating: Electric
Internal Amenities: Security/Alarm
Parking: On-Site; Storage; Trailer; Truck
Possession: At Recordation
Records Available: Site Plan
Road Responsibility: City Maintained Road; Paved
Roof: Asphalt Shingle; Metal
Terms & Conditions: 1031 Exchange; Conventional; SBA
Utilities Installed: 220; 3 Phase; Electricity; Master Meter; Security System; Telephone; Water - City; WWT - Septic
Brochure 
Listing Office: Sumner Commercial Real Estate
Last Updated: August - 05 - 2020
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.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.