850 Ironwood DrApache Junction, AZ 85120

  • Retail properties
  • 14,340 SF
For Lease
$10/SF/YR View listing

Property Details for 850 Ironwood Dr

Year built
1985
Construction
STEEL FRAME
Lot size
1.38 AC
Property size (Sq ft)
14,340 SF
Property type
Retail properties
Property subtype
Retail space
APN
102-12-0270
APU
102120270

Description

This exceptional retail property, located at 850 S Ironwood Dr in Apache Junction, Arizona, offers 18,900 square feet of completely vacant space, ideal for multiple tenants. The property is situated in Pinal County, with convenient access and high visibility. Three spaces are currently available, ranging in size from a minimum of 660 square feet to a maximum contiguous space of 16,320 square feet, providing flexibility for businesses of various scales. The property's classification is retail commercial, making it suitable for a wide range of retail operations. The address is easily accessible, offering excellent exposure to potential customers. The entire 18,900 square foot building is available for lease, presenting a unique opportunity for a single large tenant or multiple smaller businesses seeking a shared location. This prime retail space in Apache Junction, AZ, zip code 85120, presents a compelling opportunity for businesses seeking a high-visibility location within a thriving community. The property's size and layout offer significant potential for growth and success. Interested parties are encouraged to inquire for further details and leasing options. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,682,548
    6.5%
    $6,168,506
    7%
    $5,727,899
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,151,740
    Geo Method
    $8,151,740
  • Alternative Use

    Use
    Valuation
    Residential
    $5,203,366
    Hospitality
    $4,766,256
    Educational
    $3,965,468
    Medical
    $4,101,847
    Retail
    $6,168,506
850 Ironwood Dr, Apache Junction, Arizona

Location Insight

City
Apache Junction
County
Pinal
State
Arizona
Latitude
33.4073
Longitude
-111.564
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,893
$21,600
$127,145
$148,745
-
$120,000
$706,359
$826,359

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