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    312 2Nd St Casa Grande, AZ 85122

    For Sale
    $850,000

    7,915 SF Office/Warehouse, $850K

    Property size:
    7,915 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 7,915-square-foot multi-tenant property in Casa Grande, Arizona, presents a unique investment opportunity. Located at 312 W 2nd St, this building, constructed in 1950, sits on an 11,761-square-foot lot (APN 507-07-0370) and is zoned B-3 Casa Grande. The property features a blend of office and warehouse space, ideal for a variety of uses. The warehouse area boasts three loading docks and impressive ceiling heights ranging from 13 to 16 feet. The office space is well-appointed with two reception areas, two private offices, a bullpen area, and three restrooms. The building is currently configured as two suites, approximately 1,687 square feet and the remaining 6,228 square feet. The asking price is $850,000, translating to $107.39 per square foot. This property offers significant potential for a savvy investor seeking a mixed-use asset in a growing Arizona market. The modified lease type and multi-tenancy provide flexibility and income potential. The large showroom area is a key feature, suitable for various retail or display purposes. This is a rare opportunity to acquire a well-located, versatile commercial property with substantial upside.

    Property Features for 312 2Nd St

    General Information

    Property type
    Distribution properties
    Square Feet
    7,915 SF

    Building Details

    Year Built
    1950

    HighLights

    • 7,915 SF multi‑tenant building in Casa Grande, AZ on a 11,761 SF lot (APN 507‑07‑0370), zoned B‑3.
    • Features warehouse space with three loading docks and 13‑16' ceiling heights.
    • Includes office space with two reception areas, two private offices, a bullpen, and three restrooms.
    • Asking price: $850,000 ($107.39/SF).
    • Large showroom area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Noble Auto Body ... Auto Body Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Casa Grande
    County
    Pinal
    State
    Arizona
    Longitude
    -111.75584
    Latitude
    32.878746

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    FAQs

    What type of property is this?
    Distribution property - 7,915 SF Office/Warehouse, $850K
    Where is this distribution property located?
    The property is located at 312 2Nd St Casa Grande, AZ.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 7,915 SF multi-tenant building in Casa Grande, AZ on a 11,761 SF lot (APN 507-07-0370), zoned B-3.; Features warehouse space with three loading docks and 13-16' ceiling heights.; Includes office space with two reception areas, two private offices, a bullpen, and three restrooms.
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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
    312 2Nd St Casa Grande, AZ 85122
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