634 Schemmer Drive, Prescott, AZ 86305
$800,000
Property Type:
Commercial/Indstrial
Square Footage:
6,779
Lot Size (sq. ft.):
35,719
Status:
Closed
Current Price:
$800,000
List Date:
9/21/2018
Last Modified:
2/20/2019
Overview
Description
Listing Details MLS# 1015666
ContractAddressLegal
- Original List Price
- 800000
- Listing Price
- 800000
- Street #
- 634
- Street Name
- Schemmer
- St Suffix
- Drive
- City/Township
- Prescott
- State
- AZ
- Zip Code
- 86305
- County
- Yavapai
- Tax Parcel
- 113-07-055F
General Property Description
- Aprx Acres
- 0.82
- Buildings
- 3
- Total Liveable SqFt
- 6779
- Source of Measuremnt
- Owner
- Stories
- Yes
- Parking Spaces
- 35
- Year Built
- 1971
- Cap %
- 7
- Baths - Full
- 11
- Traffic Count Per Day
- 23000
- Property Use
- Investment Prop
- Construction Status
- Existing
- Vac Rate %
- 0
- CAM $
- 0
- GRM
- No
Tax Info
- Taxes
- 8838
- Tax Year
- 2017
Status Change Info
- Under Contract Date
- 2018-12-19
- Sold Date
- 2019-02-20
- Sold Price/SqFt
- 118
- Financing
- Owner Will Carry
Heating
- Natural Gas
- Yes
Contract/Address/Legal
- List Price/SqFt
- 118
- Comm Type
- Office
- REO/Short Sale
- Not Applicable
- Zoning
- BR
- Assessor's Book #
- 113
- Assessor's Map #
- 7
- Assessor's Parcel #
- 55
- Assessor Parcel Ltr
- F
- Legal
- AN IRREG PTN OF THE SW4NW4 SEC 33 SE PCL COR APPROX 293.01' W & 1 48.10' N OF NW INT MILLER VALLEY RD & SCHEMMER DR PER LS 8/45 SEC 33-14-2W CONT .33AC 3777/961
More Information
Remarks & Misc
- Directions
- Gurley St., north on Grove/Miller Valley, left on Miller Valley to sign across from the post office.
- Remarks
- Great investment opportunity in this small business strip mall! High traffic location across from the main post office (23,000 traffic count at the intersection of Miller Valley/Schemmer Dr.), 11 units with an approximate cap rate of 7%. Great rentals, well maintained with most long term tenants (8 out of 11 are long term tenants). Rents quickly when there is a vacancy. Rental units vary in size from approximately 365-964 sq.ft. Location includes 2 parcels. Each unit has its own bathroom.
Building Type
- 5+ Units
- Yes
- Office - Building
- Yes
- Other - See Remarks
- Yes
Construction
- Frame - Wood
- Yes
- Stucco
- Yes
Cooling
- Central Air
- Yes
External Amenities
- Landscaped
- Yes
- Paved Parking
- Yes
Flooring
- Carpet
- Yes
- Vinyl
- Yes
Possession
- At Recordation
- Yes
Records Available
- Other - See Remarks
- Yes
Road Responsibility
- City Maintained Road
- Yes
- Paved
- Yes
- Recorded Easement
- Yes
Roof
- Asphalt Shingle
- Yes
Bathrooms
- Interior
- Yes
Business Location
- Commercial Strip
- Yes
Terms & Conditions
- 1031 Exchange
- Yes
- Conventional
- Yes
Commercial Amenities
- Ceiling Ht. Under 12
- Yes
Utilities Installed
- Electricity
- Yes
- Natural Gas
- Yes
- Water - City
- Yes
- WWT - City Sewer
- Yes
Internal Amenities
- Bathroom
- Yes
- Fire/Smoke Detector
- Yes
Parking
- On-Site
- Yes
Property Features
Bathrooms:
Interior
Building Type:
5+ Units; Office - Building; Other - See Remarks
Business Location:
Commercial Strip
Commercial Amenities:
Ceiling Ht. Under 12
Construction:
Frame - Wood; Stucco
Cooling:
Central Air
External Amenities:
Landscaped; Paved Parking
Flooring:
Carpet; Vinyl
Internal Amenities:
Bathroom; Fire/Smoke Detector
Parking:
On-Site
Possession:
At Recordation
Records Available:
Other - See Remarks
Road Responsibility:
City Maintained Road; Paved; Recorded Easement
Roof:
Asphalt Shingle
Utilities Installed:
Electricity; Natural Gas; Water - City; WWT - City Sewer
Listing Office:
Bella Terra Realty LLC
Last Updated: February - 20 - 2019
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