1151 State Route 89ACottonwood, AZ 86326

  • Retail properties
  • 4,072 SF
For Sale
$1,350,000 View listing

Property Details for 1151 State Route 89A

Year built
1996
Lot size
0.76 AC
Property size (Sq ft)
4,072 SF
Property type
Retail properties
Property subtype
Auto shops
APN
406-05-036P
APU
40605036P

Description

This exceptional 4,075 square-foot auto repair facility, situated on a spacious 33,339 square-foot lot in Cottonwood, Arizona, presents a lucrative investment opportunity. Built in 1996, the property boasts a well-appointed office complete with a comfortable waiting area, and a fully functional shop featuring four service bays. A significant advantage is the inclusion of a brand-new paint booth equipped with a paint mixing station, enhancing operational efficiency and service offerings. The property's C-2 zoning designation allows for a variety of uses, and the substantial excess land offers considerable potential for future expansion, additional storage, or other development opportunities. The strategic location on State Route 89A ensures high visibility and convenient access for customers. Currently operating as a single-tenant property, this turnkey operation is ideal for an established auto repair business seeking to expand or an entrepreneur looking to acquire a profitable, established enterprise. The asking price is $1,350,000. This is a rare chance to acquire a well-established business with significant growth potential in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $959,610
    6.5%
    $885,794
    7%
    $822,523
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,581,801
    Geo Method
    $1,581,801
  • Alternative Use

    Use
    Valuation
    Residential
    $747,201
    Hospitality
    $684,432
    Educational
    $569,439
    Medical
    $589,023
    Retail
    $885,794
1151 State Route 89A, Cottonwood, Arizona

Location Insight

City
Cottonwood
County
Yavapai
State
Arizona
Latitude
34.7281
Longitude
-112.015
CBSA code
39150
CBSA name
PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$4,899
$32,009
$56,820
$88,829
-
$177,826
$315,665
$493,491

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