28841 Commerce WayWellton, AZ 85356

  • Retail properties
  • 16,281 SF
For Lease
$9/SF/YR View listing

Property Details for 28841 Commerce Way

Year built
2007
Construction
FRAME
Lot size
1.28 AC
Property size (Sq ft)
16,281 SF
Zone code
91
Property type
Retail properties
Property subtype
Strip malls
APN
201-07-011
APU
20107011

Description

This exceptional retail opportunity in Wellton, Arizona, presents three vacant suites within the Coyote Wash Shopping Center, totaling 3,772 square feet. Located at 28841 Commerce Way, 85356, this property is ideally situated in Yuma County and offers immediate occupancy. The center is zoned for commercial use, providing flexibility for a variety of retail businesses. Each suite offers a minimum of 1,200 square feet and a maximum contiguous space of 1,372 square feet, making it suitable for a range of tenants. The entire 3,772 square foot building is currently available for lease. This presents a unique chance to establish a presence in a growing community or expand an existing business. The property's prime location offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong returns. The address is easily accessible from major roadways, providing convenient access for customers and employees. This is a rare opportunity to secure a substantial retail space in a desirable location. Contact us today to learn more about leasing options and to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,106,273
    6.5%
    $3,790,406
    7%
    $3,519,663
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,756,000
    Geo Method
    $6,756,000
  • Alternative Use

    Use
    Valuation
    Residential
    $3,197,350
    Hospitality
    $2,928,755
    Educational
    $2,436,690
    Medical
    $2,520,491
    Retail
    $3,790,406
28841 Commerce Way, Wellton, Arizona

Location Insight

City
Wellton
County
Yuma
State
Arizona
Latitude
32.6566
Longitude
-114.144
CBSA code
49740
CBSA name
YUMA, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,359
$3,046
$104,601
$107,647
-
$17,920
$615,300
$633,220

FAQs

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