Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Corner Lot Title is generated by Realmo AI

    S AVE A, Yuma, AZ 85364

    View on Map
    Claim this Listing
    For Sale
    $685,000

    COMMERCIAL - Yuma, AZ

    Property size:
    45,798 SF
    Price / SF:
    $14/SF
    Added:
    Feb 1, 2024
    Days on Market:
    854
    Last Refresh:
    Jun 4 at 2:06 pm

    Property Features for S AVE A

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B-1
    Standard status
    Active
    Size
    45,798 SF

    Taxes and HOA fees

    Tax Description
    Palmcroft Est 3 Amend Block: 14
    Tax Annual Amount
    1133

    We can help!

    Listing Contact
    Judy McCrory
    Judy McCrory

    Listing agent Judy McCrory License #BR506203000

    Listing office CENTURY 21 Action Group 833 E Plaza Cir Ste 200, Yuma, AZ

    Listing date Feb 1, 2024

    MLS# 20240675 Listing URL

    Copyright © 2026 Yuma Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Corner lot at the signalized intersection of Avenue A and 32nd St
    • Across the street from Yuma High School District office and two high schools
    • Less than 1 mile from YRMC (Yuma’s largest hospital)
    • Within minutes of the Yuma Civic Center
    • Easy access to Yuma International Airport and Marine Corps Air Station

    Overview

    This commercial land parcel presents a clean corner lot configuration at a signalized intersection. The property is zoned B-1 and is offered for sale as a development opportunity with a total lot size of 45,798 square feet.

    The site is located at Avenue A and 32nd St. It sits across the street from the Yuma High School District office and two high schools. The listing also notes proximity to YRMC, Yuma’s largest hospital, as well as nearby access to the Yuma Civic Center, with straightforward routes to Yuma International Airport and Marine Corps Air Station.

    The B-1 zoning and intersection corner placement make this parcel a practical fit for commercial uses that align with neighborhood business needs. Its location near established education and healthcare uses may support a tenant or owner looking for steady day-to-day customer flow from surrounding institutions. Buyers and brokers will want to review B-1 permitted uses and any site-specific development requirements before planning improvements.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Yuma
    County
    Yuma
    State
    Arizona
    Longitude
    -114.633581
    Latitude
    32.716472

    Nearby Similar for Sale

    • $285,000

      Live-Work Office and Workshop

      Two connected buildings offer office-ready rooms and a workshop setup, with commercial-residential zoning in Yuma, AZ.
      897 S 5 AVE, Yuma, AZ 85364
      View Details
    • $2,100,000

      C-2 Development Land for Multifamily

      4.51-acre development site in C-2 zoning with existing surveys and proposed 60-unit multifamily planning documents.
      NWC S Prescott Avenue, Yuma, AZ 85365
      View Details
    • $139,000
      6,500 SF

      Corner Commercial Lot

      B-1 zoned corner lot in Yuma with convenient freeway access for retail and personal service uses.
      701 W 1 ST, Yuma, AZ 85364-1307
      View Details
    • $105,000
      2,739 SF

      Fully Improved RV Lot

      North-facing RV lot with landscaped grounds, auto-irrigation, and paved parking plus outdoor structures for entertaining.
      3400 S AVE 7 E lot: #329, Yuma, AZ 85365
      View Details
    • $138,900
      2,739 SF

      Deeded RV Lot with Casita

      Deeded lot in a 55+ gated resort with full RV hook-ups and an on-site casita for flexible stays.
      3400 S AVE 7 E lot: #436, Yuma, AZ 85365
      View Details
    • $245,000
      14,404 SF

      Residential Land with Sheds, Casita

      Double lot with sheds, container, and casita in Yuma.
      14415 E 29 PL, Yuma, AZ 85367
      View Details
    • $4,015,788
      191,228 SF

      Level Buildable Commercial Land

      A level, buildable parcel zoned B-2 with visibility from major roads for a range of development uses.
      S Redondo Center Dr., Yuma, AZ 85365
      View Details
    • $3,750,000

      Turnkey Farm in Yuma, Arizona

      160-acre farm with two wells and highway access.
      2981 E COUNTY 18 ST, Yuma, AZ 85365
      View Details
    • $650,000

      Multifamily Property with Four Homes

      Four rental homes on MFR-zoned land in Yuma, Arizona.
      584 S AVE B, Yuma, AZ 85364
      View Details
    • $3,000,417
      142,877 SF

      B-2 Zoned Commercial Land

      Commercial land parcel well-suited for a range of B-2 projects near major retail and office activity.
      1501 S Redondo Center Dr., Yuma, AZ 85365
      View Details
    • $120,000
      3,258 SF

      Perimeter RV Resort Lot

      Move-on ready perimeter lot with full hook-ups and an included gazebo, located within a 55+ gated resort community.
      3400 S AVE 7 E lot: #42, Yuma, AZ 85365
      View Details
    • $299,000
      2,261 SF

      Yuma Commercial Land For Sale

      Commercial land with a 2,261 sq.ft. home in Yuma.
      3888 S 4 AVE, Yuma, AZ 85365
      View Details

    FAQs

    What type of property is this?
    Commercial land - Signalized intersection corner lot zoned B-1 near major community and healthcare anchors.
    Where is this commercial land located?
    The property is located at S AVE A Yuma, AZ.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: Corner lot at the signalized intersection of Avenue A and 32nd St; Across the street from Yuma High School District office and two high schools; Less than 1 mile from YRMC (Yuma’s largest hospital)
    (928) 920-4846
    We can help!
    Listing Contact
    Judy McCrory
    Judy McCrory
    Real Estate License ID: BR506203000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    S AVE A, Yuma, AZ 85364
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!