14 Main StCottonwood, AZ 86326

Property Details for 14 Main St

Year built

1953

Construction

STEEL FRAME

Lot size

0.29 AC

Property size (Sq ft)

3,430 SF

Property type

Retail space

APN

406-41-002

APU

40641002

Description

This exceptional 0.29-acre commercial lot presents a unique investment opportunity in the thriving Cottonwood, Arizona market. Situated at 14 S MAIN Street, this property boasts a highly desirable location with excellent visibility and accessibility. The lot's size offers ample space for a variety of commercial developments, making it suitable for entrepreneurs and investors seeking to establish a strong presence in a growing community. Its prime location on Main Street ensures high foot traffic and significant exposure to potential customers. The property is zoned for commercial use (specific zoning details should be verified independently). This presents a rare chance to acquire a strategically positioned lot in a vibrant area with considerable potential for future growth and return on investment. The asking price is $645,000. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. All interested parties are responsible for conducting their own due diligence regarding zoning regulations, building codes, and any other relevant factors before making an offer. This information is deemed reliable but not guaranteed.

• CAP approach

  CAP return

  Valuation

  6%

  $808,316

  6.5%

  $746,138

  7%

  $692,842

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,332,411

  Geo Method

  $1,332,411

• Alternative Use

  Use

  Valuation

  Residential

  $629,395

  Hospitality

  $576,523

  Educational

  $479,660

  Medical

  $496,156

  Retail

  $746,138

Location Insight

City

Cottonwood

County

Yavapai

State

Arizona

Latitude

34.739

Longitude

-112.01

CBSA code

39150

CBSA name

PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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