1019 F AveDouglas, AZ 85607

  • Banks
  • 4,078 SF
For Sale
$425,000 View listing

Property Details for 1019 F Ave

Year built
1902
Construction
CONCRETE
Lot size
0.00 AC
Property size (Sq ft)
4,078 SF
Property type
Banks
APN
409-03-088
APU
40903088

Description

This exceptional commercial property, located at 1019 N F Avenue in Douglas, Arizona, presents a unique investment opportunity. Situated on a 0.15-acre lot, the building offers significant potential for a variety of uses, including office spaces, clinics, or retail stores. Currently occupied by two tenants, the property demonstrates immediate income potential. The interior layout is well-designed and functional, featuring a dedicated reception area ideal for greeting clients or customers. A spacious work area provides ample room for operations, complemented by a small kitchen for employee convenience. A single bathroom and a storage closet at the back of the building add to the practicality of the space. The building's size, while not specified in square footage, is described as "very spacious," indicating substantial usable area for multiple businesses or a single large operation. The property's strategic location in Douglas, Arizona, offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the community. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a thriving market. The asking price is $425,000. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $593,975
    6.5%
    $548,284
    7%
    $509,121
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,710,020
    Geo Method
    $1,710,020
  • Alternative Use

    Use
    Valuation
    Residential
    $462,498
    Hospitality
    $423,646
    Educational
    $352,469
    Medical
    $364,591
    Retail
    $548,284

Location Insight

City
Douglas
County
Cochise
State
Arizona
Latitude
31.3449
Longitude
-109.553
CBSA code
43420
CBSA name
SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN 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
$2,815
$3,216
$18,463
$21,679
-
$21,440
$123,088
$144,528

FAQs

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