101 Frontage RdPearce, AZ 85625

Property Details for 101 Frontage Rd

Year built

1965

Construction

CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

624 SF

Property type

Retail properties

Property subtype

Retail space

APN

114-14-149D

APU

11414149D

Description

This exceptional retail property, located at 101 N Frontage Road in the charming town of Pearce, Arizona, presents a unique investment opportunity. Boasting 624 square feet of space on a 0.12-acre lot, this building currently operates as an auto parts store, but its versatile design and prime location offer significant potential for a variety of businesses. The property enjoys 62 feet of frontage along Highway 191, ensuring high visibility and accessibility for customers. Its situation on "The Boardwalk" in Sunsites provides additional advantages, particularly given the bustling Friday morning Farmers Market. The building's current configuration is well-maintained and ready for immediate occupancy, allowing for a seamless transition for new owners. The asking price is $205,000, offering a compelling return on investment. Note that a separate inventory purchase option is available for an additional cost, bringing the total price to $245,000 should the buyer be interested in acquiring the existing auto parts inventory. This property is ideal for entrepreneurs seeking a well-positioned retail space with high traffic exposure in a thriving community. The combination of highway frontage, convenient location, and existing infrastructure makes this an exceptional opportunity for a savvy investor.

• CAP approach

  CAP return

  Valuation

  6%

  $90,888

  6.5%

  $83,896

  7%

  $77,904

• Comparable approach

  Method

  Valuation

  Relative Method

  $261,661

  Geo Method

  $261,661

• Alternative Use

  Use

  Valuation

  Residential

  $70,770

  Hospitality

  $64,825

  Educational

  $53,933

  Medical

  $55,788

  Retail

  $83,896

Location Insight

City

Pearce

County

Cochise

State

Arizona

Latitude

31.9348

Longitude

-109.829

CBSA code

43420

CBSA name

SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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