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    OFF-MARKET
    Land

    1360 Iron Springs Rd, Prescott, AZ 86305

    1.94 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 1.94 ac (84,506 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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