985 Arizona BlvdCoolidge, AZ 85128

Property Details for 985 Arizona Blvd

Year built

1983

Construction

CONCRETE

Lot size

0.17 AC

Property size (Sq ft)

1,026 SF

Property type

Retail space

APN

205-03-3130

APU

205033130

Description

This 1,000 square foot freestanding retail building is ideally situated on Arizona Boulevard in Coolidge, Arizona, a major thoroughfare boasting a daily traffic count of 14,350 vehicles. The property sits on a spacious 21,375 square foot lot, offering ample space and visibility. The building is currently available for lease and features a single tenancy. Recent upgrades significantly enhance its appeal, including a brand new air conditioning system, hot water heater, and vanity. The interior has been freshly painted, and the floors are finished with durable concrete. This prime location and the recent renovations make this property an excellent opportunity for a variety of retail businesses seeking a well-maintained and highly visible space in a growing community. The building's single-tenant configuration provides flexibility and control for the lessee. Its prominent position on Arizona Boulevard ensures high traffic exposure, maximizing the potential for customer engagement and business growth. The ample lot size offers potential for future expansion or outdoor display areas, depending on the tenant's needs. This is a turnkey opportunity for a business seeking a move-in ready retail space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $203,370

  6.5%

  $187,726

  7%

  $174,317

• Comparable approach

  Method

  Valuation

  Relative Method

  $164,484

  Geo Method

  $164,484

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $373,230

  Mixed-Use / Specialty

  $184,169

  Hospitality / Lodging

  $131,359

  Office

  $180,067

  Institutional / Educational

  $190,429

  Residential Income

  $222,802

  Multifamily

  $283,227

  Automotive / Energy

  $163,225

  Parking / Income-Based Land

  $59,180.10

  Restaurant / Food Service

  $89,624.60

  Healthcare / Senior Housing

  $191,823

Location Insight

City

Coolidge

County

Pinal

State

Arizona

Latitude

32.9865

Longitude

-111.524

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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