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

Retail properties

Property subtype

Other 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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