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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1577 Plaza West Dr Prescott, AZ 86303

0.87 ac lot Built 1995
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a multi-tenant office building situated at 1577 Plaza West Drive, Prescott, Arizona, 86303. The property, encompassing 0.87 acres (APN 108-05-040H), is zoned BG (Business General) and features a building constructed in 1995. The building has recently undergone exterior refinishing and provides ample parking for all tenants. Currently housing multiple tenants, all operating under one-year leases expiring December 31, 2024, this property offers a stable income stream. The current ownership tenure extends back to 2005, demonstrating long-term stability and potential for continued growth. This is a prime opportunity for investors seeking a well-maintained, multi-tenant office building in a desirable Prescott location. The property's strong tenant history and recent exterior improvements make it an attractive investment prospect. The asking price for this established commercial property is $1,150,000. This presents a chance to acquire a profitable asset in a thriving Arizona market. The property's location in Yavapai County offers easy access to local amenities and transportation routes. The building's traditional office layout is well-suited for a variety of businesses.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1995
Lot 0.87 ac (37,897 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
Current use
Occupant on record · Public records
  • Professional Contracting Services Construction Company General Contractor
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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