2155 State Route 89ASedona, AZ 86336

Property Details for 2155 State Route 89A

Year built

1984

Construction

CONCRETE

Lot size

0.03 AC

Property size (Sq ft)

27,342 SF

Property type

Office properties

Property subtype

Other office properties

APN

408-36-018A

APU

40836018A

Description

This meticulously maintained 858 sq ft executive office condo is located on the second floor of Plaza West Mall, a vibrant, 100% occupied business center in West Sedona's prime business corridor on State Route 89A. The unit features a spacious reception/showroom area, a private administrative alcove, two smaller offices/storage rooms, and a large executive office with an ensuite half bath. Built in 1984 and renovated in 2021, this mixed-use property offers ADA-compliant elevator access, secure restrooms, and ample free surface parking. The professional office condo is zoned for commercial use (APN: 408-36-029) and benefits from high visibility with available exterior signage. Monthly HOA fees are $200, and estimated 2024 property taxes are $1,720.44. This turnkey opportunity presents a strong investment in a thriving Sedona business location. The property consists of one, two-story building.

• CAP approach

  CAP return

  Valuation

  6%

  $4,383,289

  6.5%

  $4,046,113

  7%

  $3,757,105

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,214,770

  Geo Method

  $4,214,770

• Alternative Use

  Use

  Valuation

  Residential

  $5,017,180

  Hospitality

  $4,595,710

  Educational

  $3,823,577

  Medical

  $3,955,075

  Retail

  $5,947,786

Location Insight

City

Sedona

County

Yavapai

State

Arizona

Latitude

34.8629

Longitude

-111.798

CBSA code

39150

CBSA name

PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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