612 Frontier StEloy, AZ 85131

Property Details for 612 Frontier St

Year built

1953

Construction

STEEL FRAME

Lot size

1.00 AC

Property size (Sq ft)

811 SF

Property type

Hospitality properties

Property subtype

Mobile home & RV parks

APN

405-05-2140

APU

405052140

Description

This exceptional investment opportunity presents a vacant, freestanding convenience store in Eloy, Arizona. Situated on a sizable 1.48-acre lot, the property boasts a substantial 2,650 square feet of retail space, perfect for a variety of uses. The single-tenant building is conveniently located at 612 W Frontier St, Eloy, AZ 85131, within Pinal County. Its strategic placement ensures high visibility and accessibility for potential customers. The property's APN is 405-05-2160. This freestanding structure offers significant potential for redevelopment or immediate occupancy, making it an attractive proposition for savvy investors seeking a strong foothold in a growing market. The ample land provides room for expansion or additional development, further enhancing its investment appeal. The property's location in Eloy, Arizona, offers access to a thriving community and presents a unique opportunity to establish a successful retail business. The property type is classified as retail, with a convenience store subtype. This is a single-tenant property, offering simplicity and control for the owner. The property's coordinates are 32.76035080129139 latitude and -111.56774087339642 longitude. This presents a rare chance to acquire a well-positioned retail asset in a dynamic market. The property is ready for its next chapter, offering a blank canvas for a new business venture or a strategic addition to an existing portfolio.

• CAP approach

  CAP return

  Valuation

  6%

  $155,226

  6.5%

  $143,285

  7%

  $133,051

• Comparable approach

  Method

  Valuation

  Relative Method

  $209,173

  Geo Method

  $209,173

• Alternative Use

  Use

  Valuation

  Residential

  $143,285

  Hospitality

  $131,249

  Educational

  $109,197

  Medical

  $112,953

  Retail

  $169,862

Location Insight

City

Eloy

County

Pinal

State

Arizona

Latitude

32.7597

Longitude

-111.566

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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