1577 Plaza West Dr Prescott, AZ 86303
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.
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Professional Contracting Services Construction Company General Contractor
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.