909 Main StCottonwood, AZ 86326

Property Details for 909 Main St

Year built

1957

Construction

STEEL FRAME

Lot size

0.08 AC

Property size (Sq ft)

2,958 SF

Property type

Retail properties

Property subtype

Retail space

APN

406-34-039

APU

40634039

Description

This exceptional .08-acre commercial lot, located at 909 N Main Street in the thriving city of Cottonwood, Arizona, presents a unique investment opportunity. Priced at $1,200,000, this property offers significant potential for a variety of commercial ventures. Its central location on Main Street ensures high visibility and accessibility, making it an attractive site for businesses seeking a strong presence in the Cottonwood market. The land is currently undeveloped, providing a blank canvas for a custom-designed building tailored to specific business needs. The relatively small size of the lot makes it particularly suitable for smaller-scale commercial projects, such as a boutique retail store, a professional office space, or a specialized service business. Given its prime location and the potential for significant return on investment, this property is an excellent choice for discerning investors seeking a foothold in a growing Arizona community. The absence of existing structures allows for complete design flexibility, enabling the creation of a building that perfectly complements the surrounding area and meets the specific requirements of the intended business. This is a rare opportunity to acquire a highly desirable commercial lot in a vibrant and expanding market. Serious inquiries are encouraged. Further details regarding zoning and development possibilities are readily available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $697,084

  6.5%

  $643,462

  7%

  $597,501

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,149,059

  Geo Method

  $1,149,059

• Alternative Use

  Use

  Valuation

  Residential

  $542,785

  Hospitality

  $497,188

  Educational

  $413,654

  Medical

  $427,881

  Retail

  $643,462

Location Insight

City

Cottonwood

County

Yavapai

State

Arizona

Latitude

34.7471

Longitude

-112.027

CBSA code

39150

CBSA name

PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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