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Property profile & analytics
OFF-MARKET Estimated value $530,000
Office buildings

1200 Thatcher Blvd Safford, AZ 85546-3303

2,320 SF 0.23 ac lot Built 1966
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US07-0520053
Property summary
AI-generated overview

This exceptional commercial property at 1200 W Thatcher Boulevard in Safford, Arizona, presents a unique investment opportunity. The main building offers 2,320 square feet of modern office space, ideally suited for a variety of businesses. Its strategic location provides high visibility and easy access, thanks to its highway frontage. The property boasts a significant advantage with a state-of-the-art solar energy system, significantly reducing operating costs and promoting environmental sustainability. Five covered parking spaces are conveniently located for employees and clients. In addition to the office space, there is an expansive 2,936 square foot warehouse situated on a 0.93-acre lot, including an additional 0.19 acres dedicated to parking. Currently generating rental income, this warehouse component adds substantial value to the overall investment. The total building size is 5,256 square feet. This property is a rare combination of office and warehouse space, offering flexibility and potential for diverse uses. The high-traffic location, coupled with the income-generating warehouse and energy-efficient design, makes this a compelling investment opportunity in the thriving Safford market. The property's size and features make it suitable for a wide range of commercial enterprises seeking a well-maintained and strategically located space. The asking price is $987,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1966
Construction CONCRETE
Total area 2,320 SF
Lot 0.23 ac (10,019 SF)
APN 102-17-022
UPID US07-0520053
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sorensen Financial, PLLC Accounting Firm
  • Wayne N. Layton, CPA, PLLC Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$530k
Owner & transaction history
Sorensen Management LLC · 4 yrs held
Sorensen Management LLC
since 2022
Last sale
$500,000
6 recorded transactions
2022
$500,000
2016
$162,400
2010
Price N/A
2000
$150,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $390,000 +17.7%
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