8841 E Florentine Road, Prescott Valley, AZ 86314
$1,050,000
Property Type:
Commercial/Indstrial
Baths:
6
Square Footage:
7,264
Lot Size (sq. ft.):
20,909
Status:
Closed
Current Price:
$1,050,000
List Date:
4/07/2023
Last Modified:
6/16/2023
Description
Great income property, this 6-unit office complex is 100% leased. Concrete Parking Lot, Re-Painted in 2021, and a new Fire Panel in 2021. Listed for $158 PSF at a 7.33% CAP RATE. Financials available with a signed non-disclosure agreement.
More Information MLS# 1048742
ContractAddressLegal
Original List Price: 1150000
Listing Date: 2022-06-16
Status: Closed
Listing Price: 1150000
Street #: 8841
Direction: E
Street Name: Florentine
St Suffix: Road
City/Township: Prescott Valley
State: AZ
Zip Code: 86314
Subdivision: Prescott Valley 14
County: Yavapai
Tax Parcel: 103-31-028A
General Property Description
Lot Size: 21003
Aprx Acres: 0.48
Buildings: 1
Total Liveable SqFt: 7264
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 31
Year Built: 1998
Management: Owner
Gross Vol/Yr $: 108654
NOI $: 84284.25
Cap %: 7.33
CAM $: 30033
Baths - Full: 6
Traffic Count Per Day: 2555
Property Use: Investment Prop
Construction Status: Existing
Total Bathrooms: 6
CC & R Fees: 7265
Tax Info
Taxes: 12310
Tax Year: 2021
Status Change Info
Under Contract Date: 2023-04-26
Sold Date: 2023-06-16
Sold Price: $1,050,000
Sold Price/SqFt: 145
Financing: Cash
Heating
Natural Gas: 1
Property Features
Bathrooms: Interior; Unisex
Building Type: 5+ Units; Medical/Dental; Office - Building; Retail - Shopping Center
Business Location: Commercial Strip; Office/Professional
Commercial Amenities: Ceiling Ht. Under 12
Construction: Stucco
Cooling: Ceiling Fan(s); Central Air
External Amenities: Handicap Access; Paved Parking
Flooring: Carpet; Tile
Internal Amenities: Bathroom; Fire/Smoke Detector
Parking: On-Site
Possession: Subject to Tenant
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Rolled/Hot Mop; Tile
Utilities Installed: 220; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Prescott Commercial Real Estate
Last Updated: June - 16 - 2023
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