3605 Ranch DrPrescott, AZ 86303

  • Healthcare properties
  • 7,618 SF
For Lease
$28/SF/YR View listing

Property Details for 3605 Ranch Dr

Year built
2009
Lot size
1.17 AC
Property size (Sq ft)
7,618 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
103-49-005
APU
10349005

Description

This exceptional 7,618-square-foot medical office building in Prescott, Arizona, presents a unique investment opportunity. Built in 2009 and extensively renovated in 2022, the single-tenant property boasts a spacious layout ideal for a variety of medical uses. Currently configured as a dialysis center, the adaptable design includes numerous private offices, a large treatment room, ample storage, and multiple ADA-compliant bathrooms. A welcoming waiting area, dedicated spaces for water treatment and electronics, and other essential amenities enhance functionality. The 2022 renovations encompassed a new roof, updated HVAC systems, refreshed flooring, and fresh paint, ensuring a modern and efficient environment. The 1.17-acre lot provides 40 parking spaces, including four handicap-accessible spots, and attractive landscaping. The property features a 13-foot ceiling height and is zoned BR. Taxes are $1.98 per square foot. Available February 1, 2025, this property offers convenient access to all Prescott communities, making it an excellent choice for medical providers seeking expansion or a new location. The property's APN is 103-49-005. This is a single-story building with no elevators.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,221,268
    6.5%
    $1,127,324
    7%
    $1,046,801
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,174,315
    Geo Method
    $1,174,315
  • Alternative Use

    Use
    Valuation
    Residential
    $1,397,882
    Hospitality
    $1,280,452
    Educational
    $1,065,321
    Medical
    $1,101,959
    Retail
    $1,657,166
3605 Ranch Dr, Prescott, Arizona

Location Insight

City
Prescott
County
Yavapai
State
Arizona
Latitude
34.5475
Longitude
-112.401
CBSA code
39150
CBSA name
PRESCOTT VALLEY-PRESCOTT, 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
2022
$15,328
$59,425
$271,593
$331,018
-
$396,164
$1,810,617
$2,206,781

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