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1105 Gurley St Prescott, AZ 86301

OFF-MARKET Land Google Maps
13,738 SF Built 1981
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional Prescott, Arizona commercial land offering presents a unique redevelopment opportunity. Encompassing a substantial 148,104 square foot lot at 1105 & 1109 E Gurley St, this property is currently undergoing demolition, clearing the way for a fresh vision. The site boasts two existing buildings totaling 13,738 square feet, built in 1981, currently at 100% occupancy. The property is zoned for Business General use, allowing for diverse development options including multi-family, office, retail, or a combination thereof. The high traffic count of 25,713 cars per day ensures excellent visibility and accessibility. This is a multi-tenant property, ideal for an investor seeking significant return on investment. The sale includes multiple parcels: 114-06-082, 114-06-082C, 110-02-097A, 114-06-082F, 110-04-150F, 110-04-150D, and 110-04-141E. The asking price is $2,450,000, translating to $178.34 per square foot. The property's strategic location within an established business district offers tremendous growth potential. This is a rare chance to acquire a significant parcel in a thriving Prescott market.

Property profile

Verified
Property type Land
Year built 1981
Total area 13,738 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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