1151 W Iron Springs, Prescott, AZ 86305

$959,500
Property Type: Commercial/Indstrial Square Footage: 7,644 Lot Size (sq. ft.): 21,780 Status: Closed
Current Price: $959,500 List Date: 11/06/2014 Last Modified: 6/05/2023

Overview

Description

100% leased office investment property, 8.3% cap at asking price. Easy management, brick exterior, 2 parking lots recently resurfaced. Great condition and cap rate!

Listing Details MLS# 982617

ContractAddressLegal

Original List Price
995000
Listing Price
995000
Street #
1151
Direction
W
Street Name
Iron Springs
City/Township
Prescott
State
AZ
Zip Code
86305
Subdivision
None
County
Yavapai
Tax Parcel
115-09-043A

General Property Description

Aprx Acres
0.5
Buildings
2
Total Liveable SqFt
7644
Source of Measuremnt
County Assessor
Stories
Yes
Year Built
1986
Management
Owner
NOI $
81344
Cap %
8.3
Baths - Full
9
GRM
00
Property Use
Investment Prop
Parking Spaces
0
Vac Rate %
0
CAM $
0

Tax Info

Taxes
8357
Tax Year
2014

Status Change Info

Under Contract Date
2015-04-09
Sold Date
2015-06-15
Sold Price/SqFt
126
Financing
Conventional

Contract/Address/Legal

List Price/SqFt
130
Neighborhood
N/A
Comm Type
Office
REO/Short Sale
Not Applicable
Zoning
BR
Assessor's Book #
115
Assessor's Map #
9
Assessor's Parcel #
43
Assessor Parcel Ltr
A
Legal
HINMAN TR BLK 2 AN IRREG PCL LYNG IN A PTN OF LOT #1 WITH THE MOS T SLY PTN LYNG APPROX 110'SE FROM THE MOST WLY PTN OF LOT #1 SEC 29-14-2W CONT .50AC 3633/875

Remarks & Misc

Directions
Iron Springs Road at Haining Street
Remarks
100% leased office investment property, 8.3% cap at asking price. Easy management, brick exterior, 2 parking lots recently resurfaced. Great condition and cap rate!

More Information

Office/Member Info

Listing Exclusions
No

Building Type

Office - Building
Yes

Construction

Block/Brick
Yes

Cooling

Central Air
Yes

External Amenities

Handicap Access
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Heating

Natural Gas
Yes

Possession

Subject to Tenant
Yes

Records Available

Other - See Remarks
Yes

Road Responsibility

City
Yes
City Maintained Road
Yes

Roof

Asphalt Shingle
Yes

Bathrooms

ADA
Yes

Business Location

Corner Location
Yes
Office/Professional
Yes

Terms & Conditions

Conventional
Yes

Commercial Amenities

Ceiling Ht. Under 12
Yes

Utilities Installed

Electricity
Yes
Natural Gas
Yes
Telephone
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Other - See Remarks
Yes

Parking

On-Site
Yes

Property Features

Bathrooms: ADA Building Type: Office - Building Business Location: Corner Location; Office/Professional Commercial Amenities: Ceiling Ht. Under 12 Construction: Block/Brick Cooling: Central Air External Amenities: Handicap Access Flooring: Carpet; Vinyl Heating: Natural Gas; Natural Gas Internal Amenities: Other - See Remarks Parking: On-Site Possession: Subject to Tenant Records Available: Other - See Remarks Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Arizona Commercial
Last Updated: June - 05 - 2023
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.