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    2947 Az-89, Chino Valley, AZ 86323

    7,600 SF 1.01 ac lot Built 1997
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.01-acre property in Chino Valley, Arizona, presents a unique investment opportunity. Located on State Route 89, it boasts high visibility and easy access. The property comprises three distinct buildings totaling 7,600 square feet. Building one, a former church, features open spaces and 12-15 foot ceilings, ideal for repurposing into retail, a school, community center, or creative workspace. Building two is a 3,600 square foot warehouse/garage, suitable for workshop, storage, or industrial use. Building three is a 4-bedroom, 2-bathroom manufactured home, built in 1997 and renovated in 2000, offering potential for on-site housing, an office, or rental income. The property is zoned CL and offers ample parking. With its versatile buildings and prime location, this property is perfect for investors, business owners, or developers seeking a multi-use space with high growth potential. The property has three units and was built in 1997. The asking price is $799,999, with an occupancy date of January 1, 2025. The APN is 30614026N.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1997
    Total area 7,600 SF
    Lot 1.01 ac (43,996 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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