Current Use by Public Records
- Retail properties & Spaces
Property Details for 1500 Park Dr
- Year built
- 1993
- Lot size
- 5.63 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winslow
- County
- Navajo
- State
- Arizona
- Longitude
- -110.698
- Latitude
- 35.0364
