990 N State Route #89, Chino Valley, AZ 86323
$1,150,000
Property Type:
Commercial/Indstrial
Baths:
71
Square Footage:
10,476
Lot Size (sq. ft.):
68,825
Status:
Closed
Current Price:
$1,150,000
List Date:
4/26/2019
Last Modified:
6/20/2023
Description
This Property is located in the Center of the Chino Valley Business District. The National Anchor Business's are: Safeway Grocery Store, Walgreens Drug Store, Pet Club, Dollar General, Sonic Foods, Kentucky Fried Chicken, Taco Bell, OneAZ Credit Union, Chase Bank, Medical Facilities, Educational Institutions plus many local Retailers & Restaurants. This Section of Highway #89 has Traffic rate of between 28-30,000 Vehicles a Day. The 7.2% CAP Rate is based with the Value of an Additional .66 Acres of Vacant Land which earns an additional $300.00 per month that is not figured into the CAP Rate; the Actual CAP Rate of the Income Producing Property Is Even Greater Than 7.2%. This is a Great Investment Opportunity which Affords you an Immediate Income Stream from the Existing Structure an
More Information MLS# 1016360
ContractAddressLegal
Original List Price: 1299000
Listing Date: 2018-10-22
Status: Closed
Listing Price: 1299000
Street #: 990
Direction: N
Street Name: State Route #89
City/Township: Chino Valley
State: AZ
Zip Code: 86323
Subdivision: None
County: Yavapai
Tax Parcel: 306-23-016H/G
General Property Description
Lot Size: 68,825
Aprx Acres: 1.58
Buildings: 2
Total Liveable SqFt: 10476
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 461460
Year Built: 1984
Management: Owner
Vac Rate %: 100
Gross Vol/Yr $: 110880
NOI $: 92615
Cap %: 7.12
Baths - Full: 6
GRM: 11.63
Traffic Count Per Day: 2830000
Property Use: Investment Prop
Construction Status: Existing
Max Contgs/Bldg Sz: 10,476
Space Available: No
Date Available: 2018-10-22
Total Bathrooms: 71
Suite #: 6
CC & R: No
CC & R Type: None
Tax Info
Taxes: 9843
Tax Year: 2019
Builder Name: Unkown
Status Change Info
Under Contract Date: 2019-06-11
Sold Date: 2019-08-29
Sold Price: $1,150,000
Sold Price/SqFt: 110
Financing: Owner Will Carry
Property Features
Bathrooms: Interior; Other - See Remarks
Building Type: 5+ Units; Auto; Bar; Food Service; Ground Lease; Retail - Shopping Center
Business Location: Commercial Strip; Corner Location; Freestanding Bldg; Redevelopment Area; Traffic Signal
Commercial Amenities: Grade Level; Roll-Up Door(s); Ceiling Ht. 12-15; Overhead Door(s); Other - See Remarks
Construction: Block/Brick; Frame - Wood; Stucco; Other - See Remarks
Cooling: Central Air; Evaporative Cooling; Gas Pack; Other; See Remarks
External Amenities: Drip System; Fence; Landscaped; Paved Parking; Storage Yard
Flooring: Concrete; Laminate; Vinyl
Heating: Natural Gas; Natural Gas; Zoned
Internal Amenities: Bathroom; Kitchen; Other - See Remarks
Parking: On-Site; Storage; Trailer; Truck
Possession: At Recordation
Records Available: Alta Survey; Phase I; Site Plan; Other - See Remarks
Road Responsibility: City Maintained Road; Paved; State Maintained Road
Roof: Asphalt Shingle; Other - See Remarks
Utilities Installed: 220; 3 Phase; Electricity; Fire Hydrant; Individual Meter; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer; Other - See Remarks
Documents
#306-23-016H Boundaries ›Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: June - 20 - 2023
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