1500 Woolford RdShow Low, AZ 85901

Property Details for 1500 Woolford Rd

Year built

2007

Construction

STEEL FRAME

Lot size

1.38 AC

Property size (Sq ft)

11,447 SF

Zone code

MUNICIPAL

Property type

Office properties

Property subtype

Office buildings

APN

210-32-016R

APU

21032016R

Description

This exceptional 12,460-square-foot Class B medical office building is available for sale at $3,845,000. Located at 1500 E Woolford Rd, Show Low, AZ 85901, this multi-tenant property boasts a strong 6.29% cap rate and a Net Net Net (NNN) lease structure, minimizing landlord responsibilities. Built in 2007, the building enjoys 100% occupancy with long-term tenants and lease options to renew, ensuring consistent cash flow. The property's prime location at the intersection of Highways 260 and Woolford Road places it in the heart of Show Low, a thriving business and shopping hub serving a wide radius. The area boasts approximately 13,051 businesses and nearly 36,832 employees, with an average household annual income of $53,268. The building offers monument signage opportunities, further enhancing its visibility and appeal. Show Low's commitment to revitalization and development makes this a particularly attractive investment opportunity. The property's Assessed Property Number (APN) is 210-32-016R. The building's Net Operating Income (NOI) is $241,923, and the price per square foot is $308.59. This is a rare opportunity to acquire a stable, high-performing medical office building in a growing Arizona market.

• CAP approach

  CAP return

  Valuation

  6%

  $3,356,054

  6.5%

  $3,097,896

  7%

  $2,876,618

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,582,214

  Geo Method

  $2,582,214

• Alternative Use

  Use

  Valuation

  Residential

  $3,841,392

  Hospitality

  $3,518,694

  Educational

  $2,927,512

  Medical

  $3,028,194

  Retail

  $4,553,908

Location Insight

City

Show Low

County

Navajo

State

Arizona

Latitude

34.2327

Longitude

-110.025

CBSA code

43320

CBSA name

SHOW LOW, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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