1771 State Route 89ASedona, AZ 86336

Property Details for 1771 State Route 89A

Year built

1985

Construction

STEEL FRAME

Lot size

0.55 AC

Property size (Sq ft)

5,234 SF

Property type

Retail properties

Property subtype

Banks

APN

408-26-033B

APU

40826033B

Description

This exceptional executive office space, located at 1771 W State Rte 89A in Sedona, Arizona, presents a unique opportunity. The property, a single-story building totaling 6,763 square feet, boasts a prime location at the signalized corner of State Route 89A and Northview Road, benefiting from high visibility and significant traffic flow (28,838 cars daily). Built in 1981 and extensively renovated in 2024, the building features three suites, with one suite currently vacant, offering 1,500 to 1,600 square feet of contiguous space. The minimum divisible space is 1,500 square feet, ideal for a variety of professional uses. The building offers 9'9" ceilings and ample parking with 30 total spaces. The 0.55-acre lot is zoned CO, and the property is served by APS power. Its previous use as a bank makes it well-suited for financial institutions, ATMs, medical offices, or other professional services. The property's location in the West Sedona submarket provides easy access to a variety of businesses and amenities. The APN is 408-26-033B. This is a rare opportunity to secure a well-maintained, high-visibility commercial space in a thriving Sedona location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,233,448

  6.5%

  $1,138,568

  7%

  $1,057,241

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,033,189

  Geo Method

  $2,033,189

• Alternative Use

  Use

  Valuation

  Residential

  $960,424

  Hospitality

  $879,743

  Educational

  $731,936

  Medical

  $757,109

  Retail

  $1,138,568

Location Insight

City

Sedona

County

Yavapai

State

Arizona

Latitude

34.863

Longitude

-111.791

CBSA code

39150

CBSA name

PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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