8221 Spouse DrPrescott Valley, AZ 86314

Property Details for 8221 Spouse Dr

Year built

1990

Construction

CONCRETE

Lot size

0.34 AC

Property size (Sq ft)

2,741 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

103-02-539C

APU

10302539C

Description

This exceptional Prescott Valley property presents a rare owner-user opportunity, encompassing 5,265 square feet across two buildings on a 0.51-acre lot. The property, zoned C2-3, features a 2,741-square-foot warehouse with two roll-up doors, ample storage, and a double garage. A fully fenced lot with a pull-through driveway provides convenient access. The warehouse also includes secured racking and a camera-monitored security system. Upstairs, a 2,524-square-foot space offers four bedrooms, three bathrooms, a large living room, kitchen, and an office/den, adaptable for residential or office use. The property boasts a highly visible location on Spouse Drive, near the intersection of Robert Road, with additional access on Preston Drive. Nine parking spaces are available. Built in 1979, this two-story structure offers a 10-foot ceiling height in the warehouse. The asking price is $799,000, translating to $163 per square foot. This versatile property is ideal for various uses, including construction, manufacturing, assembly, shipping/receiving, and more. The combination of warehouse space, residential potential, and prime location makes this a truly unique investment. The property's address is 8221 Spouse Dr, Prescott Valley, AZ 86314, with APN 103-02-539C.

• CAP approach

  CAP return

  Valuation

  6%

  $544,880

  6.5%

  $502,966

  7%

  $467,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $654,914

  Geo Method

  $654,914

• Alternative Use

  Use

  Valuation

  Residential

  $502,966

  Hospitality

  $460,714

  Educational

  $383,309

  Medical

  $396,491

  Retail

  $596,258

Location Insight

City

Prescott Valley

County

Yavapai

State

Arizona

Latitude

34.6093

Longitude

-112.32

CBSA code

39150

CBSA name

PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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