Property profile

420 Arizona Ave Colorado City, AZ 86021

OFF-MARKET
Specialty properties
15,931 SF 1.6 ac lot Built 1993
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Property summary

AI-generated overview

This exceptional 15,931-square-foot property in Colorado City, Arizona, presents a unique investment opportunity. Priced at $1,200,000 ($75.32 per square foot), this single-story building, constructed in 1993, offers significant potential for repurposing. Originally designed as a school with 20 rooms, its adaptable layout is ideal for various commercial ventures, including a business center, healthcare clinic, or retail space. The building features durable brick and stucco construction and ample parking. Its strategic corner location at the intersection of two heavily trafficked roads, just blocks from a major highway, benefits from increased traffic flow due to the proximity of popular tourist destinations such as Lake Powell, Zion National Park, and the Grand Canyon. The 1.6-acre lot is zoned residential. The property's existing infrastructure and flexible interior make it ready for immediate adaptation to modern business needs. All information should be independently verified by the buyer. The property's APN is 404-53-077A.

Property profile

Verified
Property type Specialty properties
Year built 1993
Total area 15,931 SF
Lot 1.6 ac (69,696 SF)

Cap rate & NOI

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

Location

420 Arizona Ave Colorado City, AZ 86021
Colorado City metro
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Value estimations

Realmo proprietary · 4 methods
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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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