1360 Iron Springs Rd, Prescott, AZ 86305
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.