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
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!
More Information MLS# 982617
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
General Property Description
Aprx Acres: 0.5
Buildings: 2
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 0
Management: Owner
Vac Rate %: 0
CAM $: 0
GRM: 00
Property Use: Investment Prop
Total Liveable SqFt: 7644
Year Built: 1986
NOI $: 81344
Cap %: 8.3
Baths - Full: 9
Tax Info
Taxes: 8357
Tax Year: 2014
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!
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 126
Financing: Conventional
Under Contract Date: 2015-04-09
Sold Date: 2015-06-15
Sold Price: $959,500
Building Type
Office - Building: 1
Construction
Block/Brick: 1
Cooling
Central Air: 1
External Amenities
Handicap Access: 1
Flooring
Carpet: 1
Vinyl: 1
Heating
Natural Gas: 1
Possession
Subject to Tenant: 1
Records Available
Other - See Remarks: 1
Road Responsibility
City: 1
City Maintained Road: 1
Roof
Asphalt Shingle: 1
Bathrooms
ADA: 1
Business Location
Corner Location: 1
Office/Professional: 1
Terms & Conditions
Conventional: 1
Commercial Amenities
Ceiling Ht. Under 12: 1
Utilities Installed
Electricity: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Internal Amenities
Other - See Remarks: 1
Parking
On-Site: 1
ContractAddressLegal
Original List Price: 995000
Listing Date: 2014-11-06
Status: Closed
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
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
Documents
Rent Roll and Expenses ›
Listing Office:
Arizona Commercial
Last Updated: June - 05 - 2023
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