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Retail Pad Site For Sale

1114 S Castle Dome Ave, Yuma, AZ

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For Sale

Contact for pricing

Retail pad site available in established shopping center.

Type:RETAIL

Property size:

6,000 SF

Lot size:

31.16 Acres

Price / SF:

$125/SF

HighLights

Directly adjacent to Yuma Palms, a ±1,150,000 square foot Regional Shopping Center.
High interstate and arterial visibility.
Conveniently located between two major I‑8 interchanges.
6 pads available for sale.
Lot 2: ±25,972 SF - $750,000.
Max Building Area ±6,000 SF.

We can help!

Listing Contact

Thomas Pancrazi

For Sale

Contact for pricing

Retail pad site available in established shopping center.

Type:RETAIL

Property size:

6,000 SF

Lot size:

31.16 Acres

Price / SF:

$125/SF

Added:: Apr 5, 2021
Days on Market:: 1897
Last Refresh:: May 20 at 8:09 pm

Property Features for 1114 S Castle Dome Ave

General Information

Standard status: Active
Size: 6,000 SF
Lot size: 31.16 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Thomas Pancrazi

Listing agent Thomas Pancrazi License ##BR521340000

Listing office A.T. Pancrazi Real Estate Services

Listing date Apr 5, 2021

Source Moodyscre

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 A.T. Pancrazi Real Estate Services

HighLights

Directly adjacent to Yuma Palms, a ±1,150,000 square foot Regional Shopping Center.
High interstate and arterial visibility.
Conveniently located between two major I‑8 interchanges.
6 pads available for sale.
Lot 2: ±25,972 SF - $750,000.
Max Building Area ±6,000 SF.

Overview

Las Palmillas Shopping Center is located adjacent to a regional shopping center with approximately 1,150,000 square feet. The property is positioned between two major interstate interchanges, providing high visibility from both the interstate and arterial roads. There is one lot available for sale, comprising approximately 25,972 square feet. The asking price is $750,000. The maximum building area is approximately 6,000 square feet. The APN is 665-14-089.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$90.7k	$15.12
− Vacancy	−$3.8k	−$0.64
EGI	$86.9k	$14.48
− OpEx	−$26.1k	−$4.35
NOI	$60.8k	$10.14

6,000 SF · lease $15.12/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use

Retail

$869.1K

$760.5K – $1.01M (±1% cap)

NOI $60,837 @ 7.0% cap · market cap 8.11%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$3.08M

$2.70M – $3.60M (±1% cap)

NOI $215,722 @ 7.0% cap · market cap 28.76%

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

Property Profile Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Similar Places Nearby

Las Palmillas Shopping Center — 1200 S Castle Dome Ave, Yuma, AZ 85365
Main Street Shoppes — 261 S Main St, Yuma, AZ 85364
Desert Plaza Shopping Center — 400 S Main St, Yuma, AZ 85364
Pacific Plaza — 1335 S Pacific Ave # 206, Yuma, AZ 85365

Location Insight

Map
Local Demand

City: Yuma
County: Yuma
State: Arizona
Longitude: -114.608
Latitude: 32.7072

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For sale
Shopping centers
AZ
Yuma
1114 S Castle Dome Ave

What type of property is this?

Shopping center - Retail pad site available in established shopping center.

Where is this shopping center located?

The property is located at 1114 S Castle Dome Ave Yuma, AZ.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Directly adjacent to Yuma Palms, a ±1,150,000 square foot Regional Shopping Center.; High interstate and arterial visibility.; Conveniently located between two major I‑8 interchanges.

1114 S Castle Dome Ave, Yuma, AZ

Retail pad site available in established shopping center.

Property Features for 1114 S Castle Dome Ave

General Information

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Live-Work Office and Workshop

Duplex Under Construction

Fully Improved RV Lot

Deeded RV Lot with Casita

Turnkey Farm in Yuma, Arizona

Perimeter RV Resort Lot

RV Hookup Lot with Double Gate

Two-Parcel Commercial Site

Vista Del Sol RV Lot

Versatile Commercial Building in Yuma

Office and Warehouse Space Available

Express Car Wash Facility

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