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    544 16Th St Yuma, AZ 85364

    For Sale
    $3,000,000

    2.29 Acres, B-2 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.29-acre commercial land parcel presents a unique investment opportunity in Yuma, Arizona. Located at 544 E. 16th Street, this property boasts a highly desirable B-2 zoning designation, offering a wide range of development possibilities. The expansive lot, encompassing approximately 99,752 square feet, enjoys a prominent position on 16th Street, a major thoroughfare ensuring exceptional visibility and accessibility. Its strategic location places it in close proximity to key Yuma landmarks, including the Yuma Palms Regional Center, Center Pointe, and the vibrant downtown area. The convenient access to Interstate-8 further enhances its appeal, providing seamless connectivity to regional transportation networks. The property's APN is 665-29-014. Given its size, location, and zoning, this site is ideally suited for a variety of commercial ventures, including hotels and restaurants, making it an attractive proposition for developers and investors seeking a high-impact location in a thriving market. The asking price for this exceptional property is $3,000,000. Don't miss this chance to acquire a prime piece of Yuma real estate.

    Property Features for 544 16Th St

    General Information

    Property type
    Land
    Lot Size
    99,752 SF

    HighLights

    • ±99,752 SF on 2.29 Acres
    • APN: 665‑29‑014
    • B‑2 Zoning
    • Convenient Interstate 8 access
    • Prominent 16th Street location
    • Ideal for hotel or restaurant development
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Yuma
    County
    Yuma
    State
    Arizona
    Longitude
    -114.6148285
    Latitude
    32.6989705

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    FAQs

    What type of property is this?
    Land - 2.29 Acres, B-2 Zoning, High Visibility
    Where is this land located?
    The property is located at 544 16Th St Yuma, AZ.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: ±99,752 SF on 2.29 Acres; APN: 665-29-014; B-2 Zoning
    Request Owner's contact information
    544 16Th St Yuma, AZ 85364
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    Yuma, AZ 85364
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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
    544 16Th St Yuma, AZ 85364
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