3200 County 15Th StSomerton, AZ 85350

Property Details for 3200 County 15Th St

Year built

2006

Construction

FRAME

Lot size

0.62 AC

Property size (Sq ft)

2,914 SF

Zone code

LI

Property type

Investment properties

Property subtype

Retail residential properties

APN

745-29-015

APU

74529015

Description

This exceptional commercial property, located at 3200 W COUNTY 15 ST, Somerton, Arizona, presents a compelling investment opportunity. The property is classified as General Commercial and is offered at $900,600. While the square footage is not currently specified, the property's significant value lies in its strategic location within the thriving Somerton commercial district. This presents a unique chance to acquire a substantial parcel of land, ideal for a wide range of commercial ventures. The absence of specified square footage allows for considerable flexibility in development plans, catering to diverse business needs and expansion possibilities. The property's location offers excellent visibility and accessibility, ensuring high traffic flow and potential for strong customer engagement. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of this property for their specific commercial objectives. Given the current market conditions and the property's potential, this represents a strong investment opportunity in a growing Arizona community. The lack of existing structures allows for complete customization to suit the buyer's vision, making it an attractive proposition for developers and entrepreneurs alike. Serious inquiries are welcome. Further details regarding zoning and permitted uses can be obtained through the appropriate channels.

• CAP approach

  CAP return

  Valuation

  6%

  $630,895

  6.5%

  $582,365

  7%

  $540,767

• Comparable approach

  Method

  Valuation

  Relative Method

  $743,075

  Geo Method

  $743,075

• Alternative Use

  Use

  Valuation

  Residential

  $582,365

  Hospitality

  $533,443

  Educational

  $443,818

  Medical

  $459,082

  Retail

  $690,384

Location Insight

City

Somerton

County

Yuma

State

Arizona

Latitude

32.6115

Longitude

-114.649

CBSA code

49740

CBSA name

YUMA, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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