622 S Bennett Drive, Prescott Valley, AZ 86327

$1,730,000
Property Type: Commercial/Indstrial Baths: 2 Square Footage: 15,500 Lot Size (sq. ft.): 89,734 Status: Closed
Current Price: $1,730,000 List Date: 1/26/2018 Last Modified: 8/05/2020

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

More Information MLS# 1008035

Contract/Address/Legal

List Price/SqFt: 116 Comm Type: Industrial REO/Short Sale: Not Applicable Zoning: M1 Assessor's Book #: 402 Assessor's Map #: 2 Assessor's Parcel #: 24 Assessor Parcel Ltr: U 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

Aprx Acres: 2.06 Lot Size: 89734 Buildings: 7 Source of Measuremnt: County Assessor Stories: 1 Parking Spaces: 67 Vac Rate %: 0.05 CAM $: 0 GRM: 9.47 CC & R Fees: 15501 Property Use: Investment Prop Space Available: Yes Total Liveable SqFt: 15500 Year Built: 2015 NOI $: 150000 Cap %: 8.33 Baths - Full: 34 Total Bathrooms: 2

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. Remarks: 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

Status Change Info

Sold Price/SqFt: 112 Financing: Conventional Under Contract Date: 2018-03-13 Sold Date: 2018-06-08 Sold Price: $1,730,000

Building Type

5+ Units: 1 Indust - Bus Prk: 1 Indust - Warehouse: 1 Indust-Manufacturing: 1 Mini/Self Storage: 1

Construction

# of Bays: 32 Frame - Steel: 1

Cooling

Room A/C: 1

External Amenities

Fence: 1 Handicap Access: 1 Landscaped: 1 Paved Parking: 1 Security Lights: 1 Storage Yard: 1 External Restroom: 1

Flooring

Carpet: 1 Concrete: 1

Heating

Electric: 1

Possession

At Recordation: 1

Records Available

Site Plan: 1

Road Responsibility

City: 1 City Maintained Road: 1 Paved: 1

Roof

Asphalt Shingle: 1 Metal: 1

Bathrooms

ADA: 1 Exterior: 1 Separate M and W: 1

Business Location

Business Park: 1 Freestanding Bldg: 1 Office/Professional: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1 SBA: 1

Commercial Amenities

Ceiling Ht. 12-15: 1 Grade Level: 1 Overhead Door(s): 1 Roll-Up Door(s): 1

Utilities Installed

220: 1 3 Phase: 1 Electricity: 1 Master Meter: 1 Security System: 1 Telephone: 1 Water - City: 1 WWT - Septic: 1

Internal Amenities

Security/Alarm: 1

Parking

On-Site: 1 Storage: 1 Trailer: 1 Truck: 1

ContractAddressLegal

Original List Price: 1800000 Listing Date: 2017-11-16 Status: Closed Listing Price: 1800000 Street #: 622 Direction: S Street Name: Bennett St Suffix: Drive City/Township: Prescott Valley State: AZ Zip Code: 86327 County: Yavapai Tax Parcel: 402-02-024U

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 Utilities Installed: 220; 3 Phase; Electricity; Master Meter; Security System; Telephone; Water - City; WWT - Septic

Documents

Listing Office: Sumner Commercial Real Estate
Last Updated: August - 05 - 2020
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