1151 State Route 89ACottonwood, AZ 86326

Property Details for 1151 State Route 89A

Year built

1996

Lot size

0.76 AC

Property size (Sq ft)

4,072 SF

Property type

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.

• 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

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

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