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    518 Route 66 Williams, AZ 86046

    For Sale
    $505,000

    Mixed-Use Potential, .34 Acre Lot

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This unique .34-acre property at 518 E Rte 66 in Williams, Arizona, presents a compelling investment opportunity for both owner-occupiers and developers. Priced at $505,000, this versatile site offers a blend of existing improvements and significant development potential. Currently featuring a two-bedroom living space complete with a kitchen and full bathroom, the property also includes four office areas and a small reception area at the front. A fenced parking area provides ample space for clients or residents. The existing structure provides immediate income potential or a comfortable base for operations while planning future expansion. The zoning allows for mixed and alternative commercial uses, opening doors to a variety of possibilities, including a small motel, retail shops, apartments, or additional office space. The substantial remaining space on the lot offers considerable flexibility for future development to suit a wide range of business needs. The property requires 24-hour notice for showings and appointments are necessary. The seller will be present during showings. This is a rare chance to acquire a well-located commercial property in a thriving Arizona town with a multitude of potential uses. Serious inquiries are encouraged.

    Property Features for 518 Route 66

    General Information

    Property type
    Other commercial real estate
    Lot Size
    14,810 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    1 Source Air ... Hvac Contractor Studio 9 Salon ... Hair Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Williams
    County
    Coconino
    State
    Arizona
    Longitude
    -112.1822
    Latitude
    35.25224

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    FAQs

    What type of property is this?
    Commercial real estate - Mixed-Use Potential, .34 Acre Lot
    Where is this commercial real estate located?
    The property is located at 518 Route 66 Williams, AZ.
    What is the asking price?
    The asking price for this property is $505,000.
    (928) 635-4404
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    518 Route 66 Williams, AZ 86046
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    Williams, AZ 86046
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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
    518 Route 66 Williams, AZ 86046
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