26130 Pierce Ferry RdMeadview, AZ 86444

Property Details for 26130 Pierce Ferry Rd

Year built

1979

Construction

STEEL FRAME

Lot size

1.28 AC

Property size (Sq ft)

855 SF

Property type

Retail properties

Property subtype

Retail space

APN

336-09-489

APU

33609489

Description

This exceptional mixed-use property presents a unique investment opportunity in the picturesque town of Meadview, Arizona. Priced at $295,000, this charming mini-market sits on a 2.5-acre lot, offering both immediate income potential and future development possibilities. The existing mini-market boasts a distinctive Southwestern architectural style and includes a substantial 16x20-foot freezer, ideal for stocking a variety of goods. A significant portion of the land, 1.25 acres, is already fully fenced, providing security and practicality for the current business operations. The remaining 1.25 acres presents a prime opportunity for expansion, potentially including the construction of a residential dwelling. The property's strategic location near the Grand Canyon West Skywalk exit ensures a consistent flow of tourists, providing a reliable customer base. Enjoy stunning views and a relaxed atmosphere while capitalizing on the thriving tourism industry in this breathtaking area. The proximity to Lake Mead and other popular attractions further enhances the property's appeal and potential for growth. This is an ideal opportunity for an entrepreneur seeking a blend of established business and future development potential in a stunning natural setting. The property offers a chance to own a piece of Arizona's unique charm and capitalize on the area's robust tourism sector.

• CAP approach

  CAP return

  Valuation

  6%

  $336,762

  6.5%

  $310,857

  7%

  $288,653

• Comparable approach

  Method

  Valuation

  Relative Method

  $431,674

  Geo Method

  $431,674

• Alternative Use

  Use

  Valuation

  Residential

  $262,220

  Hospitality

  $240,192

  Educational

  $199,837

  Medical

  $206,709

  Retail

  $310,857

Location Insight

City

Meadview

County

Mohave

State

Arizona

Latitude

35.8839

Longitude

-114.086

CBSA code

29420

CBSA name

LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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