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    FOR SALE
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    12200 N 111Th Ave, Youngtown, AZ 85363

    7,206 SF 0.52 ac lot Built 1962
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US07-0545131
    Property summary
    AI-generated overview

    This exceptional 7,206 square foot commercial property, located at 12200 N 111th Ave in Youngtown, Arizona (zip code 85363), presents a unique investment opportunity. Built in 1962, this single-story building sits on a sizable 22,800 square foot lot and boasts a C-1 zoning permit. The property features a spacious main floor with four offices, restrooms, ample storage, and a grand show floor area with vaulted ceilings ranging from 10.1 to 28 feet in height. A separate private office suite offers added privacy, including its own entrance, reception area, and restrooms. Further enhancing its versatility, a second area includes four more offices, a kitchen, bathrooms, and additional storage, accessible via a separate entrance. The property includes twenty-nine covered parking spaces. The asking price is $1,650,000, translating to $228.98 per square foot. The property is sold as-is. Its prime location between Sun City Golf Course and Maricopa Lake Park offers excellent visibility and accessibility. The adaptable floor plan allows for various uses, including retail, warehouse, sales center, or other commercial ventures. This property offers immediate occupancy for new tenants, potential for higher rental rates, and the flexibility to renovate and reposition for optimal return on investment. The favorable market conditions and low vacancy rates present a strong opportunity for a quick return.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1962
    Construction CONCRETE
    Total area 7,206 SF
    Lot 0.52 ac (22,800 SF)
    Zoning code C-1
    APN 200-85-120C
    UPID US07-0545131
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.20M
    Blend (final) Blend
    $1.97M
    Owner & transaction history
    Charry INC · 12 yrs held
    Charry INC
    since 2013
    6 recorded transactions
    2013
    $170,000
    2011
    2009
    $900,000
    1994
    1987
    $532,000
    1969
    Zoning & alternative use
    C-1 · Youngtown, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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