10323 Coggins DrSun City, AZ 85351

Property Details for 10323 Coggins Dr

Year built

1967

Construction

CONCRETE

Lot size

0.28 AC

Property size (Sq ft)

3,312 SF

Zone code

C-3

Property type

Office buildings

APN

200-83-354

APU

20083354

Description

This exceptional 3,312 square foot medical/traditional office building, located at 10323 W Coggins Dr in Sun City, Arizona (zip code 85351), presents a unique opportunity for owner-users or investors. The property sits on a sizable 12,254 square foot lot and is zoned C-3, offering versatility and potential for future expansion. The building comprises two units, with one currently occupied by a long-term tenant. Its desirable Sun City location provides immediate access to Grand Avenue, ensuring high visibility and convenient access for patients and clients. A large monument sign enhances the property's presence and brand recognition. The efficient layout of the office space maximizes functionality and usability. This property offers a compelling combination of location, functionality, and investment potential, making it an ideal acquisition for those seeking a strong return on investment in a thriving Arizona market. The asking price is $675,000.

• CAP approach

  CAP return

  Valuation

  6%

  $793,485

  6.5%

  $732,448

  7%

  $680,130

• Comparable approach

  Method

  Valuation

  Relative Method

  $510,545

  Geo Method

  $510,545

• Alternative Use

  Use

  Valuation

  Residential

  $908,236

  Hospitality

  $831,939

  Educational

  $692,163

  Medical

  $715,968

  Retail

  $1,076,699

Location Insight

City

Sun City

County

Maricopa

State

Arizona

Latitude

33.5983

Longitude

-112.282

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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