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    919 12Th Pl Prescott, AZ 86305

    Sponsored
    For Sale
    $615,000

    High-yield medical office investment.

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,000-square-foot medical office condo in Prescott, Arizona, presents a compelling investment opportunity. Priced at $615,000, it boasts a 6.5% capitalization rate. Currently leased to Nimbus Health under a new three-year lease with two three-year options, each including a 4.0% annual rent increase, this NNN (Net, Net, Net) property ensures minimal landlord responsibilities. The property is ideally situated just off Willow Creek Road, approximately two blocks north of Dignity Health YRMC Hospital's west campus, within the Twelfth Place Medical Center. The well-appointed space features five private exam rooms (two with sinks), a waiting and reception area, a nursing station, two provider offices, a kitchenette/breakroom, two restrooms, and a large storage room accessible from a rear entrance. Ample on-site parking is available, including shared parking and covered parking on the building's west side. The property benefits from a central Prescott location and prominent monument signage along 12th Place. The property's APN is 115-11-012, 115-11-020. This turnkey investment offers a strong return and a stable tenant in a high-demand medical market.

    Property Features for 919 12Th Pl

    General Information

    Property type
    Medical offices
    Square Feet
    2,000 SF

    HighLights

    • Medical Office Space Available for Lease
    • Five Private Exam Rooms
    • Excellent proximity to YRMC West Campus
    • Abundant On‑Site Parking
    Property Profile Location Intelligence

    Current Use by Public Records

    Horizon Dental Group ... Dentist AZ Crown Center ... Dentist Thomas Masters Sports Medicine Physician Sein George MD Internist Todd Cox, DPM Podiatrist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.4838392
    Latitude
    34.5642715

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    FAQs

    What type of property is this?
    Medical office - High-yield medical office investment.
    Where is this medical office located?
    The property is located at 919 12Th Pl Prescott, AZ.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: Medical Office Space Available for Lease; Five Private Exam Rooms; Excellent proximity to YRMC West Campus
    Request Owner's contact information
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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
    919 12Th Pl Prescott, AZ 86305
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