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    1360 Iron Springs Rd Prescott, AZ 86305

    For Sale
    $675,000

    1.94-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.94-acre commercial land parcel, located at 1360 W Iron Springs Rd in Prescott, Arizona (zip code 86305, APN 115-06-132A), presents a unique investment opportunity. Currently bank-owned and offered at $675,000, this property boasts high visibility from Iron Springs Road, providing immediate access and excellent exposure to a high volume of traffic. Zoned Business General (BG), the possibilities for development are extensive. The location offers unparalleled convenience, situated near major retailers such as Walmart, Starbucks, Goodwill, Burger King, and more, ensuring high foot traffic and strong consumer presence. Potential uses include, but are not limited to, medical facilities, office spaces, apartments, assisted living facilities, restaurants, drive-thrus, and retail stores. The scenic location and prominent frontage make this a highly desirable site for a variety of commercial ventures. This is a rare opportunity to acquire a prime commercial lot in a thriving Prescott location. The property is owned by America First Federal Credit Union and is being sold as a bank-owned foreclosure.

    Property Features for 1360 Iron Springs Rd

    General Information

    Property type
    Land
    Lot Size
    84,506 SF

    HighLights

    • 1.94‑acre commercial lot with high visibility frontage on Iron Springs Road in Prescott, AZ.
    • Excellent location near major retailers, ensuring high traffic and strong consumer presence.
    • Business General (BG) zoning allows for diverse development options, including medical, office, retail, and restaurant uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.4907643
    Latitude
    34.5650248

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    FAQs

    What type of property is this?
    Land - 1.94-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 1360 Iron Springs Rd Prescott, AZ.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 1.94-acre commercial lot with high visibility frontage on Iron Springs Road in Prescott, AZ.; Excellent location near major retailers, ensuring high traffic and strong consumer presence.; Business General (BG) zoning allows for diverse development options, including medical, office, retail, and restaurant uses.
    (928) 275-1657
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    1360 Iron Springs Rd Prescott, AZ 86305
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    Prescott, AZ 86305
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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
    1360 Iron Springs Rd Prescott, AZ 86305
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