1750 Broad StGlobe, AZ 85501

Property Details for 1750 Broad St

Year built

1960

Construction

CONCRETE

Lot size

1.58 AC

Property size (Sq ft)

1,840 SF

Property type

Automotive properties

APN

207-10-022A

APU

20710022A

Description

This exceptional commercial property, located at 1750 N BROAD Street in Globe, Arizona, presents a unique investment opportunity. Boasting 1.58 acres of land and an impressive 235 feet of highway frontage, this property enjoys exceptional visibility and high traffic counts, ensuring maximum exposure for your business. The C-3 zoning allows for a wide range of commercial uses, providing flexibility and potential for future expansion. The interior space is substantial, featuring a large showroom ideal for showcasing products or services, a dedicated office for administrative tasks, a convenient restroom, a fully equipped kitchen, and a shower. A sizable garage/service bay adds further versatility, suitable for various business needs, from vehicle maintenance to storage. This centrally located property offers unparalleled access and convenience, making it an attractive proposition for a diverse range of commercial enterprises. The combination of prime location, ample space, and flexible zoning makes this an exceptional opportunity for investors seeking a high-visibility, high-traffic commercial property in a thriving Arizona market. The property is priced at $399,900.

• CAP approach

  CAP return

  Valuation

  6%

  $417,500

  6.5%

  $385,385

  7%

  $357,857

• Comparable approach

  Method

  Valuation

  Relative Method

  $771,564

  Geo Method

  $771,564

• Alternative Use

  Use

  Valuation

  Residential

  $325,086

  Hospitality

  $297,777

  Educational

  $247,747

  Medical

  $256,268

  Retail

  $385,385

Location Insight

City

Globe

County

Gila

State

Arizona

Latitude

33.4153

Longitude

-110.801

CBSA code

37740

CBSA name

PAYSON, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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