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    22643 State Rte Yarnell, AZ 85362

    For Sale
    $150,000

    Prime Yarnell location, commercial zoning, fixer-upper.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This unique commercial property, located at 22643 S State Route 89 in Yarnell, Arizona, presents a compelling investment opportunity. Situated on a 0.26-acre lot right on Yarnell's main street (SR 89), this building boasts a rich history, having previously served as the popular Live Oak Steakhouse from the 1980s to the mid-1990s. While currently vacant and requiring renovation, the property offers significant potential for a variety of commercial uses. Constructed from local rock, the building's exterior displays engraved dates of 1937 and 1948, although county records list 1952 as the year built. The asking price of $150,000 reflects the need for improvements. A notable feature is an existing RV hook-up in the rear, currently generating monthly rental income for the owner. This property's prime location in the desirable mountain town of Yarnell, combined with its historical significance and commercial zoning, makes it an attractive proposition for entrepreneurs seeking a unique business venture. The building's solid foundation and prominent street frontage provide a strong base for redevelopment. The property is zoned for commercial use, offering flexibility for various business plans. The existing RV hook-up adds a potential revenue stream. This is a chance to own a piece of Yarnell's history and shape its future.

    Property Features for 22643 State Rte

    General Information

    Property type
    Other commercial real estate
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1952
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Yarnell
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.7473
    Latitude
    34.22134

    Nearby Comparable

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Yarnell location, commercial zoning, fixer-upper.
    Where is this commercial real estate located?
    The property is located at 22643 State Rte Yarnell, AZ.
    What is the asking price?
    The asking price for this property is $150,000.
    (602) 435-1456
    Request Owner's contact information
    22643 State Rte Yarnell, AZ 85362
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    Yarnell, AZ 85362
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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
    22643 State Rte Yarnell, AZ 85362
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