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    OFF-MARKET
    Medical Office Space

    1401 Florida St, Holbrook, AZ 86025-2218

    4,121 SF 0.45 ac lot Built 1971
    Individually Owned 24-yr Hold ~ Est. High Equity
    Property ID
    US07-0517654
    Property summary
    AI-generated overview

    This exceptional 4,121 square foot commercial building presents a remarkable investment opportunity in the heart of Holbrook, Arizona. Situated on a spacious 0.45-acre corner lot, the property boasts convenient access from two streets and offers ample parking, a significant advantage in a bustling downtown location. Previously utilized as a medical office, this adaptable space presents a multitude of possibilities for a diverse range of commercial ventures. Imagine transforming this substantial building into a thriving medical clinic, leveraging its existing infrastructure and prime location near Holbrook's schools. Alternatively, the property's size and layout could easily accommodate a variety of other commercial uses, or even be repurposed for residential living, subject to necessary approvals and zoning regulations. The building's substantial square footage provides ample room for expansion or subdivision, catering to a wide array of business needs. The strategic location in downtown Holbrook ensures high visibility and accessibility, attracting a steady stream of potential customers and clients. This property offers a unique blend of versatility, location, and size, making it an exceptional investment opportunity with significant upside potential. The expansive lot provides ample room for future development or expansion, further enhancing its long-term value. Don't miss this chance to acquire a prime commercial property in a growing Arizona town. Schedule a viewing today to explore the endless possibilities this property offers.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL CLINIC
    Year built 1971
    Construction CONCRETE
    Total area 4,121 SF
    Lot 0.45 ac (19,741 SF)
    Zoning code MUNICIPAL
    APN 109-03-083
    UPID US07-0517654
    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
    • Rishel Hannah MD Pediatrician Medical Clinic
    • Dr. William W. Willis, DO Pediatrician Physician
    • Robert S. Dawson, PA Pediatrician Physician
    • Dr. Sheila E. Bloomquist, MD Physician
    • Mr. Curtis Birdno Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Brad A Rishel · 24 yrs held
    Brad A Rishel
    since 2001
    1 recorded transaction
    2001
    $108,000
    Zoning & alternative use
    MUNICIPAL · Holbrook, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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