106 9Th StWilliams, AZ 86046

  • Retail properties
  • 10,605 SF
For Sale
$1,300,000 View listing

Property Details for 106 9Th St

Year built
1988
Lot size
0.68 AC
Property size (Sq ft)
10,605 SF
Property type
Retail properties
Property subtype
Strip malls
APN
202-22-004F
APU
20222004F

Description

This exceptional .68-acre commercial lot presents a unique investment opportunity in the vibrant town of Williams, Arizona. Located at 106 S 9TH Street, this property offers significant potential for a variety of commercial ventures. The expansive lot size provides ample space for construction, allowing for flexibility in design and functionality. Its strategic location within Williams ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in this thriving community. The property's address is 106 S 9TH Street, placing it within easy reach of local amenities, transportation routes, and a strong customer base. The absence of existing structures on the land allows for complete customization, enabling developers to create a building that perfectly aligns with their specific needs and vision. This presents a blank canvas for entrepreneurs and investors to build a thriving business. The asking price of $1,300,000 reflects the significant potential and prime location of this exceptional commercial land parcel. Serious inquiries are encouraged to explore the possibilities this property offers. The property is zoned for commercial use, providing clarity and streamlining the development process. This is a rare opportunity to acquire a substantial commercial lot in a desirable location, offering significant return on investment. Don't miss out on this chance to secure a piece of Williams' thriving commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,499,182
    6.5%
    $2,306,937
    7%
    $2,142,156
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,119,597
    Geo Method
    $4,119,597
  • Alternative Use

    Use
    Valuation
    Residential
    $1,945,988
    Hospitality
    $1,782,514
    Educational
    $1,483,031
    Medical
    $1,534,035
    Retail
    $2,306,937
106 9Th St, Williams, Arizona

Location Insight

City
Williams
County
Coconino
State
Arizona
Latitude
35.2475
Longitude
-112.196
CBSA code
22380
CBSA name
FLAGSTAFF, AZ METROPOLITAN 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
$12,272
$38,885
$112,330
$151,215
-
$235,667
$680,787
$916,454

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