420 Arizona Ave, Colorado City, AZ 86021
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.
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
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.