3605 Ranch DrPrescott, AZ 86303

Property Details for 3605 Ranch Dr

Year built

2009

Lot size

1.17 AC

Property size (Sq ft)

7,618 SF

Property type

Medical offices

Property subtype

Medical centers

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.

• 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

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

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