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    Commercial Property with Spa Features Title is generated by Realmo AI

    30245 N Escalante Boulevard, Meadview, AZ 86444

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    For Sale
    $295,000

    1872 SF commercial building with spa, bar, and flexible layout.

    Type:Mixed Use
    Property size:
    1,872 SF
    Price / SF:
    $157/SF
    Added:
    Aug 28, 2023
    Days on Market:
    1024
    Last Refresh:
    May 12 at 9:47 pm

    Property Features for 30245 N Escalante Boulevard

    General Information

    Standard status
    Active
    Size
    1,872 SF
    Property subtype
    Mixed Use

    Building Details

    Year Built
    1993

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    Listing Contact
    Michelle Burleson

    Listing agent Michelle Burleson

    Listing office RE/MAX Prestige Properties

    Listing date Aug 28, 2023

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Prestige Properties

    HighLights

    • C2 General Commercial zoning offers diverse business opportunities.
    • Enjoy the proximity to the West Grand Canyon/Skywalk Entrance, just 30 minutes away.
    • Building features 4 bathrooms, each with a walk‑in shower, plus a spa room with a hot tub and sauna.
    • 1872 sq ft slump block building with tile roof and solid construction (hand grouted blocks, concreted with rebar).
    • Existing bar area suitable for seating or retail counter.
    • Low HOA fees ($50/year) include access to Meadview Civic Association amenities (pool, tennis court, playground).

    Overview

    This 1872 square foot slump block building with a tile roof is zoned C2 General Commercial, offering various business possibilities. The floor plan is designed for usability, featuring a roomy layout suitable for multiple uses. Throughout the years, the property has accommodated a copy room, dictation area, meeting hall, music entertainment, retail space, and fast food services. Constructed with solid slump block, each block is hand grouted and concreted with rebar. The property includes four separate bathrooms, each with its own walk-in shower. A spa room features a hot tub and sauna. The front area has a bar area that can be used for seating or as a retail counter. Located in Meadview, the property is positioned to contribute to the community's growth. The West Grand Canyon/Skywalk Entrance is 30 minutes away. The HOA is $50 per year, including access to the Meadview Civic Association's pool, tennis court, and playground.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $33.7k $18.00
    − Vacancy −$2.2k −$1.17
    EGI $31.5k $16.83
    − OpEx −$7.9k −$4.21
    NOI $23.6k $12.62
    1,872 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $337.6K
    $295.4K – $393.8K (±1% cap)
    NOI $23,629 @ 7.0% cap · market cap 8.01%
    Second Best
    Retail
    $259.7K
    $227.3K – $303.0K (±1% cap)
    NOI $18,182 @ 7.0% cap · market cap 6.16%
    Theoretical Best
    Office A
    $418.0K
    $365.7K – $487.6K (±1% cap)
    NOI $29,257 @ 7.0% cap · market cap 9.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Storage Facility Shopping Center & Mall Bed & Breakfast Kitchen & Bath Showroom Wine and Liquor Store Plumbing Service Auto Repair Shop Real Estate Agency Hotel & Motel Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Meadview
    County
    Mohave
    State
    Arizona
    Longitude
    -114.05
    Latitude
    36.0315

    FAQs

    What type of property is this?
    Mixed-use property - 1872 SF commercial building with spa, bar, and flexible layout.
    Where is this mixed-use property located?
    The property is located at 30245 N Escalante Boulevard Meadview, AZ.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: C2 General Commercial zoning offers diverse business opportunities.; Enjoy the proximity to the West Grand Canyon/Skywalk Entrance, just 30 minutes away.; Building features **4 bathrooms, each with a walk‑in shower, plus a spa room with a hot tub and sauna.**
    More about this property
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