Commercial Land Adjacent to
For Sale
$16,500,000
1501 S Redondo Center Dr, Yuma, AZ 85365
Commercial land site located off Redondo Center Dr in front of the Radisson Hotel with B-2 zoning.
Property Size95,263 SF
Lot Size3.28 Acres
Days on Market179
Property Features for 1501 S Redondo Center Dr
General Information
Standard status
Active
Size
95,263 SF
Lot size
3.28 Acres
Property subtype
Hotel-Motel
Zoning
B-2
Amenities
Significant Operational Upside - Indexing < 70% Against STR Comp Set - owners Went Hands Off in 2022
CMBS Assumable loan: 5.95% Rate, 25 Year Amortization, Maturity date of February 1st, 2029, Principal load balance of $12.3M
Brand Conversion Opportunities: Delta, City Express by Marriott, DoubleTree by Hilton, Hyatt Select Unscripted by Hyatt
Building Details
Building Size
95,263 SF
Year Built
2009
Listed By:
Michael Taddeo · License #License(s): AZ: SA707458000
(602) 687-6828
Source:
Marcusmillichap
Added: Mar 17
Changed: Sep 5
Last Checked: Sep 10 at 5:28AM
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 Michael Taddeo
Investment Insights
Based on property information with market context.
Prime commercial land measuring 3.28 acres located off Redondo Center Dr and positioned in front of the Radisson Hotel. The site is presented as well-suited for uses including an extended stay hotel, assisted living facility, restaurants, or a conference center.
Redondo Dr is described as the main access to Home Depot, a satellite AWC campus, Furniture Row, and other private and government offices. The offering notes B-2 zoning, supporting a range of commercial development concepts for buyers or developers evaluating a location with established nearby amenities and activity.
The property is being offered for sale and is intended for development under the site’s B-2 zoning designation.
Redondo Dr is described as the main access to Home Depot, a satellite AWC campus, Furniture Row, and other private and government offices. The offering notes B-2 zoning, supporting a range of commercial development concepts for buyers or developers evaluating a location with established nearby amenities and activity.
The property is being offered for sale and is intended for development under the site’s B-2 zoning designation.
Key Highlights
- 3.28 acres of commercial land located off Redondo Center Dr in front of the Radisson Hotel
- B‑2 zoning
- Suitable for extended stay hotel, assisted living facility, restaurants, or a conference center
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
671
Businesses Nearby
Explore this area
Business Placement
Demographics for 85365, AZ
50,166
Population
26,353
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
87%
High-School Grad
1,349.0 sq mi
ZIP Area
37
Density / Sq Mi
$68,358
Median Household Income
$40,107
Median Earnings
$1,259
Median Rent
$189,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land site located off Redondo Center Dr in front of the Radisson Hotel with B-2 zoning.
Where is this commercial land located?
The property is located at 1501 S Redondo Center Dr Yuma, AZ.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: 3.28 acres of commercial land located off Redondo Center Dr in front of the Radisson Hotel; B‑2 zoning; Suitable for extended stay hotel, assisted living facility, restaurants, or a conference center
