888 Grand Cyn Blvd Williams, AZ 86046-2017
- Commercial kitchens
- 3,407 SF
- 0.71 lot acres
Current Use by Public Records
- Pizza Hut / Pizza Delivery / Chicken Wings Restaurant
Property Details for 888 Grand Cyn Blvd
- Year built
- 1998
- Construction
- STEEL FRAME
- Lot size
- 0.71 lot acres
- Property size
- 3,407 SF
- Property type
- Commercial kitchens
- APN
- 200-09-017B
- APU
- 20009017B
Description
This 3,407 square foot former Pizza Hut restaurant presents a unique investment opportunity in Williams, Arizona. Located on a 0.71-acre lot at 888 N Grand Canyon Blvd, this fee-simple property boasts 38 parking spaces and is zoned for Central Business District use, offering considerable flexibility for redevelopment. The building, constructed in 1998, benefits from its high-traffic location on N. Grand Canyon Blvd, averaging 6,700 vehicles per day (VPD), and its proximity to Interstate 40, a major thoroughfare with over 21,000 VPD. Convenient on/off ramp access enhances visibility and accessibility. The property is situated within a thriving retail corridor, surrounded by numerous national and credit tenants including Love's, Circle K, La Quinta, Dollar General, McDonald's, Comfort Inn, and Holiday Inn Express. A strong demographic profile supports the area, with over 3,000 residents and 3,000 employees within the trade area, boasting an average household income of $73,133. The asking price is $965,000. This property offers significant potential for retail or commercial redevelopment in a high-demand location. The APN is 200-09-017B.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,030,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $885,000
- 6.5%
- $900,000
- 7%
- $855,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $945,000
- Geo Method
- $820,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $755,000
- Retail
- $870,000
- Mixed-Use
- $915,000
- Hospitality
- $785,000
- Educational
- $730,000
- Residential Income
- $840,000
- Energy
- $800,000
- Income-Based Land
- $950,000
- Food Service
- $740,000
Location Insight
- Map
- Local Demand
- City
- Williams
- County
- Coconino
- State
- Arizona
- Longitude
- -112.191
- Latitude
- 35.2579
- CBSA code
- 22380
- CBSA name
- FLAGSTAFF, AZ METROPOLITAN STATISTICAL AREA