7900 Florentine RdPrescott Valley, AZ 86314

Property Details for 7900 Florentine Rd

Year built

1985

Construction

STEEL FRAME

Lot size

0.37 AC

Property size (Sq ft)

2,948 SF

Property type

Medical offices

Property subtype

Medical centers

APN

103-02-713G

APU

10302713G

Description

This exceptional 2,948 square foot Class B medical office building is available for sale at $825,000, representing a 6.80% cap rate and a price per square foot of $279.85. Located at 7900 E Florentine Rd, Prescott Valley, AZ 86314, this single-tenant property sits on a 0.37-acre lot and offers ample parking with 36 spaces. The building features nine private offices, two nursing stations, two provider offices, a spacious waiting room, reception area, kitchen/breakroom, two restrooms, and a storage closet. A rear exit door provides convenient access. Previously occupied by EZ Sleep Lab, the building is currently vacant and ready for immediate occupancy. Its prime location in Prescott Valley's medical corridor, near the hospital's East Campus, ensures excellent visibility and accessibility from Florentine Road. The property offers great signage opportunities. This NNN lease property presents a strong investment opportunity in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $472,604

  6.5%

  $436,250

  7%

  $405,089

• Comparable approach

  Method

  Valuation

  Relative Method

  $454,434

  Geo Method

  $454,434

• Alternative Use

  Use

  Valuation

  Residential

  $540,950

  Hospitality

  $495,507

  Educational

  $412,256

  Medical

  $426,434

  Retail

  $641,287

Location Insight

City

Prescott Valley

County

Yavapai

State

Arizona

Latitude

34.5883

Longitude

-112.327

CBSA code

39150

CBSA name

PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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