2995 Pacific AveYuma, AZ 85365

  • Office buildings
  • 9,192 SF
For Sale
$1,800,000 View listing

Property Details for 2995 Pacific Ave

Year built
1996
Construction
METAL FRAME
Lot size
1.02 AC
Property size (Sq ft)
9,192 SF
Zone code
B-2
Property type
Office buildings
APN
696-17-010
APU
69617010

Description

This exceptional investment opportunity presents a prime office building located at 2995 S Pacific Ave, Yuma, Arizona. The property is listed at $1,800,000 and offers significant potential for growth and return. While the exact square footage is not currently specified, the building sits on a zero-acre lot, suggesting a compact and efficient design ideal for a variety of professional uses. Its location in Yuma, Arizona, provides access to a thriving local economy and a growing business community. The property's address, 2995 S Pacific Ave, places it within easy reach of major transportation routes and amenities, enhancing its appeal to both tenants and investors. This presents a unique chance to acquire a well-situated office building in a dynamic market. Further due diligence is encouraged to fully assess the property's potential and to confirm all details. The absence of specified square footage necessitates an on-site inspection to determine the precise dimensions and layout of the interior space. Interested parties are urged to conduct thorough research and arrange a viewing to evaluate the suitability of this property for their specific needs and investment strategy. This is a compelling opportunity for those seeking a strong foothold in the Yuma commercial real estate market. The asking price reflects the property's strategic location and potential for future appreciation. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,819,680
    6.5%
    $1,679,710
    7%
    $1,559,730
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,512,160
    Geo Method
    $1,512,160
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,406,180
    Retail / Commercial
    $1,727,250
    Mixed-Use / Specialty
    $1,705,780
    Hospitality / Lodging
    $1,231,550
    Institutional / Educational
    $1,767,860
    Residential Income
    $2,068,390
    Multifamily
    $2,565,580
    Automotive / Energy
    $1,515,310
    Parking / Income-Based Land
    $538,036
    Restaurant / Food Service
    $854,524
    Healthcare / Senior Housing
    $1,764,950

Location Insight

City
Yuma
County
Yuma
State
Arizona
Latitude
32.6733
Longitude
-114.598
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
$18,691
$14,260
$132,240
$146,500
-
$133,650
$1,239,375
$1,373,025

FAQs

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Please email our support team at [email protected] and they will add the team member.
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