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    507 Madison Ave Yuma, AZ 85364

    For Sale
    $449,999

    Spacious Warehouse, 1.28 Acres, Excellent Location

    Property size:
    9,100 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional Yuma industrial property, located at 507 S Madison Avenue, offers a substantial 9,100 square foot building on a generous 1.28-acre lot. The main structure, a metal warehouse measuring 70 x 80 feet (5,600 square feet), boasts a newly installed concrete floor, updated lighting, and insulation, enhancing both functionality and energy efficiency. A significant addition is a 3,500 square foot shed, complete with a concrete pad, providing ample space for storage or additional operations. The warehouse features one 10 x 12 roll-up door for convenient access to goods and equipment. The property benefits from a robust 200-amp electrical service, further enhanced by three 50-amp RV outlets. While not currently connected, a fire suppression system is already installed within the main warehouse building. A noteworthy feature is the excess land at the front of the property, presenting a unique opportunity to construct an additional building, expanding the property's potential uses. This versatile property is ideally suited for a variety of commercial and industrial applications, offering a compelling combination of size, improvements, and expansion possibilities. The property's location in Yuma, AZ, provides easy access to transportation routes and local amenities. Priced at $449,999, this is a rare opportunity to acquire a well-equipped and expandable industrial property in a thriving market.

    Property Features for 507 Madison Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    9,100 SF
    Lot Size
    55,757 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Yuma
    County
    Yuma
    State
    Arizona
    Longitude
    -114.6192
    Latitude
    32.71741

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    FAQs

    What type of property is this?
    Industrial property - Spacious Warehouse, 1.28 Acres, Excellent Location
    Where is this industrial property located?
    The property is located at 507 Madison Ave Yuma, AZ.
    What is the asking price?
    The asking price for this property is $449,999.
    (520) 449-3313
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    507 Madison Ave Yuma, AZ 85364
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    Yuma, AZ 85364
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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
    507 Madison Ave Yuma, AZ 85364
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