1119 Cottonwood LnCasa Grande, AZ 85122

Property Details for 1119 Cottonwood Ln

Year built

2008

Construction

STEEL FRAME

Lot size

2.11 AC

Property size (Sq ft)

16,861 SF

Property type

Office buildings

APN

505-18-029B

APU

50518029B

Description

This exceptional Class A office building, located at 1119 E Cottonwood Ln, Casa Grande, AZ 85122, presents a unique investment opportunity. Boasting 16,861 square feet of net rentable space in a single-story building constructed in 2008, this property offers a spacious and efficient floor plan ideal for a corporate headquarters or similar large-scale operation. The building sits on a prominent hard corner with Cottonwood Lane frontage, providing numerous signage opportunities for enhanced visibility. Ample parking is available, with a generous 5.75 spaces per 1,000 square feet, including covered canopy stalls. The asking price is $3,800,000, translating to a price per square foot of $225.37. The property's location within Pinal County offers access to a substantial workforce, with approximately 25,426 workers within a 5-mile radius. The property is currently vacant, providing immediate occupancy for the new owner. The APN is 505-18-029B. This is a single-building property with a strong location and significant potential for a variety of uses. The building's modern design and ample parking make it an attractive option for businesses seeking a high-quality office space in a growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,623,685

  6.5%

  $2,421,863

  7%

  $2,248,873

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,599,123

  Geo Method

  $2,599,123

• Alternative Use

  Use

  Valuation

  Residential

  $3,003,110

  Hospitality

  $2,750,833

  Educational

  $2,288,660

  Medical

  $2,367,371

  Retail

  $3,560,138

Location Insight

City

Casa Grande

County

Pinal

State

Arizona

Latitude

32.8937

Longitude

-111.739

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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