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

Overview

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

Listing Details MLS# 1008035

ContractAddressLegal

Original List Price
1800000
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

General Property Description

Aprx Acres
2.06
Buildings
7
Total Liveable SqFt
15500
Source of Measuremnt
County Assessor
Stories
Yes
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

Status Change Info

Under Contract Date
2018-03-13
Sold Date
2018-06-08
Sold Price/SqFt
112
Financing
Conventional

Construction

# of Bays
32

More Information

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
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.
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