37202 Bloody Basin Rd Carefree, AZ 85377
This exceptional 3,915 square foot, two-story office building is situated in the heart of Downtown Carefree, Arizona. Built in 1997 and extensively renovated in 2023, this Class C property offers a versatile layout suitable for various uses, including creative offices, executive suites, or traditional office spaces. The building features twelve parking spaces, excellent street visibility, and stunning mountain views. The interior includes multiple conference rooms, kitchenettes, and two bathrooms (one with a shower). The property sits on a 0.221-acre lot and is zoned for commercial use. Previously leased at $6,500 per month, this vacant building presents a significant investment opportunity. Its adaptable design allows for division into multiple units. The property's prime location offers easy access to local amenities and high pedestrian traffic. Adjacent lots totaling 1.8 acres are available for separate purchase, presenting potential for expansion or development. This NNN-leased property is listed at $1,050,000, with a price per square foot of $268.20. The property is ready for immediate occupancy.
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.
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Risks
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