Retail Pads Available For
1194 S Castle Dome Ave Yuma, AZ
1194 S Castle Dome Ave, Yuma, AZ, 00000
Contact for pricing
For Sale
Contact for pricing
Retail pads available for sale near regional shopping center.
Property Size6,000 SF
Lot Size31.16 Acres
Price / SF$125
Days on Market1935
Property Features for 1194 S Castle Dome Ave
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 31.16 Acres
- Property subtype
- RETAIL
Listing agency
A.T. Pancrazi Real Estate Services
(928) 246-0008
Listed by
Thomas Pancrazi · License #BR521340000
(928) 246-0008
Source
Moodyscre
Added: Apr 5, 2021 Updated: Jul 6 at 9:15AM Checked: Jul 21 at 4:55AM
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
Investment Insights
Based on property information with market context.
Las Palmillas Shopping Center is located adjacent to a 1,150,000 square foot regional shopping center. The location is between two major I-8 interchanges, offering high visibility from the interstate and arterial roads. Currently, there are five shop spaces available for lease and 6 pads available for sale. Lot 2 has an area of approximately 25,972 square feet and is listed for $750,000. The maximum building area is approximately 6,000 square feet. The APN is 665-14-089.
Key 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.
Local Financial Insights For 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 | $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
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
NOI $215,722 @ 7.0% cap · market cap 28.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
Similar Off Market Nearby
- Yuma Plaza — 1620 S Pacific Ave, Yuma, AZ 85365
- Vendor Village Yuma Palms — 1400 Blk Parkway, Yuma, AZ 85365
- Yuma Community Farmers Market — 1496 yuma palms pkwy, yuma, az 85365
- Pacific Plaza — 1335 S Pacific Ave # 206, Yuma, AZ 85365
- Yuma Palms Regional Center — 1305 Yuma Palms Pkwy, Yuma, AZ 85365
FAQs
What type of property is this?
Shopping center - Retail pads available for sale near regional shopping center.
Where is this shopping center located?
The property is located at 1194 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.
