1481 Grant AveCasa Grande, AZ 85122

Property Details for 1481 Grant Ave

Year built

2022

Lot size

1.04 AC

Property size (Sq ft)

3,208 SF

Property type

Retail properties

Property subtype

Gas stations

APN

503-46-0770

APU

503460770

Description

This exceptional 2021-built industrial warehouse, situated on a ±1.04-acre lot at 1481 N Grant Ave, Casa Grande, AZ 85122 (APN 503-46-0770), presents a compelling investment opportunity. The property boasts 3,250 square feet of versatile space, ideal for distribution, industrial, or warehouse uses. The building features an 18' clear ceiling height, three 14' wide x 15' high grade-level loading docks, and ample yard space. Inside, you'll find approximately 750 square feet of open office area, two restrooms, and a wash basin/mop sink. The warehouse is fully insulated and equipped with a compressor and air lines throughout. A security system with cameras is also included. The property is fully fenced and zoned for industrial use, allowing for a wide range of potential applications. The building benefits from evaporative cooling and a robust 400A, 3-phase power supply. Automotive use is permitted. Currently leased through 5/31/25 at $6,000/month gross, this property offers a strong cash flow stream alongside significant upside potential. The asking price is $900,000. Signage is available.

• CAP approach

  CAP return

  Valuation

  6%

  $733,804

  6.5%

  $677,358

  7%

  $628,975

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,246,173

  Geo Method

  $1,246,173

• Alternative Use

  Use

  Valuation

  Residential

  $571,376

  Hospitality

  $523,378

  Educational

  $435,444

  Medical

  $450,420

  Retail

  $677,358

Location Insight

City

Casa Grande

County

Pinal

State

Arizona

Latitude

32.8902

Longitude

-111.781

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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