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
Contract/Address/Legal
List Price/SqFt: 158
Neighborhood: N/A
Comm Type: Office
REO/Short Sale: Not Applicable
Zoning: C2-3
Zoning Description: Comm Sales & Service
Assessor's Book #: 103
Assessor's Map #: 31
Assessor's Parcel #: 28
Assessor Parcel Ltr: A
Legal: LOTS 3996 & 3997 SEC 24-14-1W PRESCOTT VALLEY UNIT 14 BOOK 32 PAGE 8
General Property Description
Aprx Acres: 0.48
Lot Size: 21003
Buildings: 1
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 31
Management: Owner
Gross Vol/Yr $: 108654
Vac Rate %: 0
CAM $: 30033
GRM: 0
Traffic Count Per Day: 2555
CC & R Fees: 7265
Property Use: Investment Prop
Construction Status: Existing
Total Liveable SqFt: 7264
Year Built: 1998
NOI $: 84284.25
Cap %: 7.33
Baths - Full: 6
Total Bathrooms: 6
Tax Info
Taxes: 12310
Tax Year: 2021
Remarks & Misc
Directions: Traveling East on State Route 69, turn left onto Truwood Drive, then right onto East Florentine. Property is on right hand side of the street.
Remarks: 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.
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 145
Financing: Cash
Under Contract Date: 2023-04-26
Sold Date: 2023-06-16
Sold Price: $1,050,000
Building Type
5+ Units: 1
Medical/Dental: 1
Office - Building: 1
Retail - Shopping Center: 1
Construction
Stucco: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
External Amenities
Handicap Access: 1
Paved Parking: 1
Flooring
Carpet: 1
Tile: 1
Heating
Natural Gas: Natural Gas, Natural Gas
Natural Gas: 1
Possession
Subject to Tenant: 1
Records Available
Other - See Remarks: 1
Road Responsibility
City: 1
City Maintained Road: 1
Paved: 1
Roof
Rolled/Hot Mop: 1
Tile: 1
Bathrooms
Interior: 1
Unisex: 1
Business Location
Commercial Strip: 1
Office/Professional: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
SBA: 1
Commercial Amenities
Ceiling Ht. Under 12: 1
Utilities Installed
220: 1
Electricity: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Internal Amenities
Bathroom: 1
Fire/Smoke Detector: 1
Parking
On-Site: 1
Pets/Animals
None: 1
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
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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