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    402 Sheldon St Prescott, AZ 86301

    For Sale
    $699,000

    Downtown Prescott retail space, high visibility, ample parking.

    Property size:
    1,021 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 1,021 square foot retail building is ideally situated in downtown Prescott, Arizona, at 402 E Sheldon Street. Boasting a prime location with excellent frontage and visibility, this property benefits from a signalized intersection providing access from three sides. Daily traffic counts exceed 36,000 vehicles, ensuring significant exposure for any business. The building features four 10-foot roll-up doors, one currently utilized as an office space. High ceilings at 12 feet provide ample vertical space. A security system is in place for added peace of mind. Ample on-site parking is available for customers and employees. The property sits on a 0.25-acre lot, offering potential for expansion to the existing structure, subject to city approval. This is a rare opportunity to acquire a well-located, functional commercial building in a thriving downtown area with high traffic volume. The asking price is $699,000. This property is perfect for a variety of retail uses and presents a strong investment opportunity.

    Property Features for 402 Sheldon St

    General Information

    Property type
    Retail properties
    Square Feet
    1,021 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1953
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Summit 4X4 Off-Road ... Car Dealer

    Suggested Use

    Restaurant Law Firm Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.4643
    Latitude
    34.54556

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    FAQs

    What type of property is this?
    Retail property - Downtown Prescott retail space, high visibility, ample parking.
    Where is this retail property located?
    The property is located at 402 Sheldon St Prescott, AZ.
    What is the asking price?
    The asking price for this property is $699,000.
    Request Owner's contact information
    402 Sheldon St Prescott, AZ 86301
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    Prescott, AZ 86301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    402 Sheldon St Prescott, AZ 86301
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