Property profile

1195 E 16Th St Yuma, AZ 85365

FOR SALE
Drive through restaurants
Property ID
US07-1085296
4,667 SF 0.92 ac lot Built 1978
Individually Owned 7-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 23.52-acre commercial and industrial land parcel is strategically located at 1195 E 16th Street in Yuma, Arizona, zip code 85365. Currently zoned for agriculture, this property presents a unique opportunity for diverse development. The asking price is $2,100,000, translating to a land value of $2.05 per square foot. Its prime location directly off 16th Street offers excellent visibility and accessibility. The property's potential uses include agriculture, hotel, restaurant, or office space, making it a versatile investment. Given its size and location, this land offers significant potential for substantial returns. High traffic counts on nearby Highway 95 at I-8 (approximately 39,413 vehicles per day) further enhance its commercial viability. This expansive lot provides endless possibilities for developers seeking a prominent location in a growing area. Serious inquiries are encouraged to explore the full potential of this remarkable property.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1978
Total area 4,667 SF
Lot 0.92 ac (40,000 SF)
Zoning code AG
APN 665-38-006
UPID US07-1085296

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

1195 E 16Th St Yuma, AZ 85365
Yuma metro Census 700 YUMA, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

AG · Yuma, AZ
Zoning description

pealed 154-04.04 General Plan 154-04.05 Annexed areas (A) Zoning classification (B) Building permits (C) Nonconforming uses Article 05 - Rural and Low Density Residential Zoning Districts 154-05.01 Agriculture District (…

General category CIVIC_INSTITUTIONAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message