203 4Th StBenson, AZ 85602

Property Details for 203 4Th St

Year built

1962

Construction

CONCRETE

Property size (Sq ft)

2,500 SF

Property type

Retail properties

Property subtype

Gas stations

APN

123-20-020

APU

12320020

Description

This established Benson, Arizona auto repair shop, located at 203 W 4th St, 85602, presents a unique investment opportunity. The 2,500 square foot building sits on two lots totaling 11,250 square feet and boasts three large (10'x14') ground-level roll-up doors, ideal for vehicle access. Inside, you'll find three bays equipped with hoists, a small office area, and two bathrooms. A 12'x24' loft provides ample storage space. The property features a new roof and a secure 60'x75' fenced backyard. All existing equipment is included in the sale, notably a 1996 flatbed towing truck. Currently operating at 100% occupancy, the business benefits from established towing contracts with the Department of Public Safety, Benson Police Department, and the Sheriff's Department. This historic garage, originally established in the 1940s and continuously operated since 1985, offers a blend of established clientele and significant potential for growth. The asking price is $485,000.

• CAP approach

  CAP return

  Valuation

  6%

  $364,134

  6.5%

  $336,123

  7%

  $312,115

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,048,320

  Geo Method

  $1,048,320

• Alternative Use

  Use

  Valuation

  Residential

  $283,533

  Hospitality

  $259,714

  Educational

  $216,079

  Medical

  $223,511

  Retail

  $336,123

Location Insight

City

Benson

County

Cochise

State

Arizona

Latitude

31.9688

Longitude

-110.3

CBSA code

43420

CBSA name

SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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