11420 Route 66Bellemont, AZ 86015

Property Details for 11420 Route 66

Year built

2008

Lot size

4.48 AC

Property size (Sq ft)

23,644 SF

Property type

Automotive properties

APN

204-03-004D

APU

20403004D

Description

This exceptional free-standing industrial retail building, located in Bellemont, Arizona, a suburb of Flagstaff, presents a unique investment opportunity. Built in 2009 as a built-to-suit for an RV sales and service center, the property boasts a spacious layout ideal for a variety of uses. The building features five pull-through service bays, each equipped with overhead roll-up doors, perfect for accommodating large vehicles or equipment. A substantial parking/retail sales area complements the bays, providing ample space for customer parking and product display. Two on-site water tanks offer both water storage capacity and a built-in fire suppression system, enhancing the property's functionality and safety. The building's condition is excellent, exceptionally clean, and ready for immediate occupancy, minimizing any downtime for a new owner. Benefitting from high visibility along Interstate 40, this property enjoys exceptional accessibility and exposure to a significant volume of traffic. Its strategic location provides easy access to the highway, ensuring convenient transportation for both customers and employees. This well-designed and meticulously maintained building represents a rare opportunity to acquire a prime industrial/retail space in the Flagstaff area. The property is available for sale at $26,000.

• CAP approach

  CAP return

  Valuation

  6%

  $5,571,962

  6.5%

  $5,143,349

  7%

  $4,775,967

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,184,701

  Geo Method

  $9,184,701

• Alternative Use

  Use

  Valuation

  Residential

  $4,338,608

  Hospitality

  $3,974,141

  Educational

  $3,306,439

  Medical

  $3,420,152

  Retail

  $5,143,349

Location Insight

City

Bellemont

County

Coconino

State

Arizona

Latitude

35.2292

Longitude

-111.81

CBSA code

22380

CBSA name

FLAGSTAFF, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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