2198 Pacific AveYuma, AZ 85365
- Industrial properties
- 10,000 SF
Property Details for 2198 Pacific Ave
- Year built
- 1998
- Construction
- STEEL FRAME
- Lot size
- 25.67 AC
- Property size (Sq ft)
- 10,000 SF
- Zone code
- LI
- Property type
- Industrial properties
- Property subtype
- Refrigeration & cold storage
- APN
- 665-55-006
- APU
- 66555006
Description
Exceptional investment opportunity in Yuma, Arizona's South Park Industrial District. This Class A, multi-tenant industrial property encompasses 127,218 square feet on a 25.67-acre lot (APN 665-55-006), offering a diverse mix of warehouse, distribution, and refrigerated/cold storage space. Currently operating at 100% occupancy with established tenants, the property provides immediate cash flow. The property includes multiple office buildings and ample storage. Approximately 15 acres of land are available for future industrial development, presenting significant expansion potential. Strategically located on South Pacific Avenue, with convenient access to Interstate 8, this property benefits from proximity to Yuma Palms Regional Shopping Center, Gomez Plaza, and numerous hotels, restaurants, and retail establishments. The permitted zoning is Light Industrial. The asking price is $3,500,000, translating to $27.51 per square foot. This is an owner/user investment opportunity in a thriving market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,999,850
- Hospitality
- $1,831,852
- Educational
- $1,524,080
- Medical
- $1,576,495
- Retail
- $2,370,790
Location Insight
- City
- Yuma
- County
- Yuma
- State
- Arizona
- Latitude
- 32.6886
- Longitude
- -114.605
- 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
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