985 20Th StYuma, AZ 85365
- Retail properties
- 9,600 SF
Property Details for 985 20Th St
- Year built
- 2003
- Construction
- STEEL FRAME
- Lot size
- 0.66 AC
- Property size (Sq ft)
- 9,600 SF
- Zone code
- LI
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 665-54-048
- APU
- 66554048
Description
This exceptional 9,600-square-foot warehouse, situated on a substantial 28,875-acre lot in Yuma, Arizona, presents a compelling investment opportunity. The property boasts a pre-engineered metal building construction with durable metal building panels, ensuring longevity and low maintenance. Access is facilitated by four generously sized 16' x 12' roll-up doors, allowing for efficient loading and unloading of goods. Adding to its functionality is a recently installed shade canopy (approximately one year old), providing protection from the elements. The building also features a two-story office/mezzanine area, offering valuable administrative space. Utilities are provided by the City of Yuma for water, while a septic system handles sewer needs. The property is zoned for light industrial use, making it suitable for a variety of businesses. Electrical service is single-phase. Located at 985 E. 20th Street, Yuma, AZ 85365, this property offers significant potential for growth and profitability within a thriving industrial sector. The expansive lot size provides ample room for future expansion or additional development. This is a rare opportunity to acquire a well-maintained, strategically located industrial warehouse in a rapidly growing area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,465,803
- 6.5%
- $2,276,126
- 7%
- $2,113,545
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,979,545
- Geo Method
- $3,979,545
-
Alternative Use
- Use
- Valuation
- Residential
- $1,919,997
- Hospitality
- $1,758,707
- Educational
- $1,463,224
- Medical
- $1,513,546
- Retail
- $2,276,126
Location Insight
- City
- Yuma
- County
- Yuma
- State
- Arizona
- Latitude
- 32.691
- Longitude
- -114.611
- CBSA code
- 49740
- CBSA name
- YUMA, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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