2947 Az-89, Chino Valley, AZ 86323
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.