$5,200,000
Flagstaff, AZ 86001
MLS# 185888
Status: Closed
32017 sqft
1 / 2
Property Description
Excellent investment opportunity. This 32,017 SF building is on 2.6 acres located on the west side of town across the street from Home Depot and near newly expanding residential areas. The building is 93% leased. Light industrial zoning allows for many quiet and clean uses. See Flagstaff Zoning Code here: https://www.codepublishing.com/AZ/Flagstaff/html/Flagstaff10/Flagstaff1040030.html#10.40.30.050
Details
Contract Info
List Price/SqFt: 171.78
Property Sub-Type: Commercial Mix Use
Status: Closed
Listing Agreement Date: 2021-05-25
Sold Price: $5,200,000
Current Price: $5,200,000
Location, Tax & Legal
Region: 10 - North West City
APN: 11224007
Legal Description: LOT 7 WOODLANDS VILLAGE UNIT 1
Taxes: 38417
Tax Year: 2020
County: Coconino
Area: 155 - University Meadows
Street #: 1647
Direction: S
Street Name: Plaza
Suffix: Way
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.186363
Geo Lon: -111.667582
Location
Freestanding: 1
General Property Description
Year Built: 1986
Dimensions: 214.93x420.35x250.19
Acres: 2.61
Approx SqFt: 32017
Key Words
Sale/Rent: Sale
Net Op Inc: $100,000 - 499,999
Cap Rate: 1 - 7.9%
Down Payment: Submit
Imprv Sz (Gross SF): 20,000 - 49,999
#Tenants/Units: 5 - 9
Land Size: 1 - 4.9 AC
Trade/Exchange: Not Applicable
Remarks & Misc
Directions: On S Plaza Way between S Woodlands Village Blvd and S Yale St
Status Change Info
Sold Price/SqFt: 162.41
Financing: Other
Sold Date: 2021-12-29
Sold Price: $5,200,000
Inc/Exp (Annual)
= Net Op Inc $: 351558
To Show
Special/CLO: 1
Other: Contact LA to show
Possession
By Agreement: 1
Docs on File
Leases: 1
Lot Street Imprvmnts
Curbs: 1
Paved Parking: 1
St-Blacktop: 1
Utilities
City Water: 1
Electric: 1
Natural Gas: 1
Sewer: 1
Telephone: 1
TV Cable: 1
Occupancy
Partially Leased: 1
Construction
One Story: 1
Property Features
To Show: Special/CLO
Docs on File: Leases
Occupancy: Partially Leased
Construction: One Story
Utilities: City Water; Electric; Natural Gas; Sewer; Telephone; TV Cable
Lot Street Imprvmnts: Curbs; Paved Parking; St-Blacktop
Location: Freestanding
Possession: By Agreement
IDX
Listing Office: da Vinci Realty
Last Updated: September - 06 - 2024
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