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    1500 Ft Grant Rd Willcox, AZ 85643-1008
    Property profile & analytics

    1500 Ft Grant Rd Willcox, AZ 85643-1008


    • Motels
    • 25,056 SF
    • 1.97 lot acres
    Off-Market
    Last Sale Dec 28, 2024
    $1,675,000
    Property ID
    US07-1021766
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,795,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Super 8 by Wyndham Willcox / Hotel & Motel

    Property Details for 1500 Ft Grant Rd

    Year built
    1996
    Construction
    STEEL FRAME
    Lot size
    1.97 lot acres
    Property size
    25,056 SF
    Property type
    Motels
    APN
    202-43-007H
    APU
    20243007H

    Description

    This 53-unit Super 8 by Wyndham hotel in Willcox, Arizona, presents a compelling value-add investment opportunity. Located at 1500 Fort Grant Rd, Willcox, AZ 85643, this fee-simple property boasts 31,661 square feet on a 1.97-acre lot. Built in 1996, the two-story building features 53 keys and currently operates at 50% occupancy (as of October 1, 2023). The property benefits from a prime location on the main exit of Rex Allen Road off Interstate 10, providing excellent visibility and accessibility. Significant upside potential exists for an owner-operator or hands-on investor through effective rate and expense management. The property includes additional land used for truck parking, a valuable asset in this location. The hotel is a limited-service, interior corridor property with a two-bedroom, two-bathroom manager's apartment. Numerous rebranding options are available. Financing options may include SBA 7(a), SBA 504, and conventional loan programs. The asking price is $1,900,000, resulting in a price per key of $35,849.06. This represents a rare opportunity to acquire a well-situated hotel in a growing market with substantial room for improvement and increased profitability. The property is zoned for commercial use.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,135,000
      6.5%
      $1,970,000
      7%
      $1,830,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,364,000
      Market price range: $2.36M - $5.16M
      AI Estimate
      $1,286,000
      Market price range: $855k - $3.59M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Willcox
    County
    Cochise
    State
    Arizona
    Longitude
    -109.846
    Latitude
    32.2669
    CBSA code
    43420
    CBSA name
    SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,011
    $38,636
    $178,506
    $217,142
    -
    $257,570
    $1,190,037
    $1,447,607
    More about this property
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