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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1500 Park Dr Winslow, AZ 86047

44,144 SF 5.63 ac lot Built 1993
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a vacant 44,144 square foot grocery store building situated on a 5.63-acre lot in Winslow, Arizona. The property, located at 1500 N Park Dr, boasts a prime location just south of the I-40 Full Diamond Interchange, benefiting from high traffic counts: 23,319 vehicles per day on I-40 and 4,492 on N Park Drive (ADOT 2022 data). The building, constructed in 1993, is classified as Class D and features one three-story building with ample parking (125 spaces per 1,000 sq ft). The property includes four exterior loading docks and five overhead doors, along with three office spaces and multiple restrooms (men's with two stalls, women's with two stalls, and one employee restroom). The property is zoned for commercial use and offers significant potential. The building requires roof repairs. Original site plans allow for the addition of three more pad sites. This fee-simple ownership opportunity is priced at $2,200,000 ($49.84/sq ft) and presents a unique chance to redevelop or repurpose a large-scale retail space in a high-traffic area. The APN is 103-99-001B.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1993
Total area 44,144 SF
Lot 5.63 ac (245,243 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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