1119 Cottonwood Ln Casa Grande, AZ 85122-2950
- Office buildings
- 16,861 SF
- 2.11 lot acres
Current Use by Public Records
- Southwestern Financial Corporation / Insurance Agency
Property Details for 1119 Cottonwood Ln
- Year built
- 2008
- Construction
- STEEL FRAME
- Lot size
- 2.11 lot acres
- Property size
- 16,861 SF
- Property type
- Office buildings
- APN
- 505-18-029B
- APU
- 50518029B
Description
This exceptional Class A office building, located at 1119 E Cottonwood Ln, Casa Grande, AZ 85122, presents a unique investment opportunity. Boasting 16,861 square feet of net rentable space in a single-story building constructed in 2008, this property offers a spacious and efficient floor plan ideal for a corporate headquarters or similar large-scale operation. The building sits on a prominent hard corner with Cottonwood Lane frontage, providing numerous signage opportunities for enhanced visibility. Ample parking is available, with a generous 5.75 spaces per 1,000 square feet, including covered canopy stalls. The asking price is $3,800,000, translating to a price per square foot of $225.37. The property's location within Pinal County offers access to a substantial workforce, with approximately 25,426 workers within a 5-mile radius. The property is currently vacant, providing immediate occupancy for the new owner. The APN is 505-18-029B. This is a single-building property with a strong location and significant potential for a variety of uses. The building's modern design and ample parking make it an attractive option for businesses seeking a high-quality office space in a growing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $635,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $560,000
- 6.5%
- $550,000
- 7%
- $515,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $525,000
- Geo Method
- $580,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $660,000
- Retail
- $630,000
- Mixed-Use
- $555,000
- Hospitality
- $645,000
- Educational
- $585,000
- Residential Income
- $525,000
- Energy
- $610,000
- Income-Based Land
- $570,000
- Food Service
- $660,000
Location Insight
- Map
- Local Demand
- City
- Casa Grande
- County
- Pinal
- State
- Arizona
- Longitude
- -111.739
- Latitude
- 32.8937
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA