230 Coolidge AveCoolidge, AZ 85128

Property Details for 230 Coolidge Ave

Year built

1929

Construction

STEEL FRAME

Lot size

0.37 AC

Property size (Sq ft)

9,720 SF

Property type

Warehouses

APN

205-06-2520

APU

205062520

Description

This exceptional Coolidge, Arizona industrial property presents a unique investment opportunity. The 0.7-acre lot features four buildings totaling approximately 11,000 square feet of space, ideal for various manufacturing or warehousing needs. The property boasts three covered work areas, a metal building, and a combined warehouse/office structure. A gated yard ensures security, while a code-approved fire system and 220 amp, 3-phase power provide essential utilities. Additional features include covered parking and a generous 16-foot clear ceiling height. Built in 1929, the property is zoned I-2 by the City of Coolidge and has an APN of 205-06-2460. The property is currently vacant, offering immediate occupancy for the new owner. This versatile complex is ready for immediate use and presents significant potential for a variety of industrial applications. The property's location in Coolidge, Arizona, offers easy access to major transportation routes, making it an attractive option for businesses seeking efficient logistics. The combination of ample space, desirable features, and strategic location makes this a compelling investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,830,460

  6.5%

  $3,535,810

  7%

  $3,283,250

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,397,340

  Geo Method

  $2,397,340

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,778,430

  Mixed-Use / Specialty

  $1,744,730

  Hospitality / Lodging

  $1,244,430

  Office

  $1,705,860

  Institutional / Educational

  $1,804,030

  Residential Income

  $2,110,720

  Multifamily

  $2,683,160

  Automotive / Energy

  $1,546,310

  Parking / Income-Based Land

  $560,645

  Restaurant / Food Service

  $849,054

  Healthcare / Senior Housing

  $1,817,240

Location Insight

City

Coolidge

County

Pinal

State

Arizona

Latitude

32.9738

Longitude

-111.514

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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