Property profile

1521 Yuma Palms Pkwy Yuma, AZ 85365

FOR SALE
Turn key restaurants
Property ID
US07-0173273
7,183 SF 1.04 ac lot Built 2007
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,274 square foot retail building, located at 1521 Yuma Palms Pkwy in Yuma, Arizona, presents a unique opportunity for a discerning tenant. The entire space is currently vacant, offering a blank canvas for a new business venture. The property is zoned for retail and restaurant use, making it ideal for a variety of concepts. Situated in Yuma County, with easy access from Yuma Palms Pkwy, this location benefits from high visibility and convenient access for customers. The building's substantial size allows for ample space for both customer areas and back-of-house operations. With 7,274 square feet of completely vacant space, this property offers significant flexibility in design and layout to perfectly suit the needs of a new tenant. The property is a multi-tenant building, although the entire space is available for lease. The address is 1521 Yuma Palms Pkwy, Yuma, AZ 85365. This prime location in Yuma offers excellent potential for growth and success. The property is ready for immediate occupancy, providing a swift start for any business. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is located at the coordinates 32.6998031 latitude and -114.60175 longitude.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2007
Construction FRAME
Total area 7,183 SF
Lot 1.04 ac (45,259 SF)
Zoning code B-2
APN 665-32-071
UPID US07-0173273

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

Location

1521 Yuma Palms Pkwy Yuma, AZ 85365
Yuma metro Census 10913 YUMA, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.01M
Blend (final) Blend
$3.06M

Owner & transaction history

since 2021
Last sale
$3.3M
6 recorded transactions
2021
$3.3M
2016
$3.0M
2014
$2.7M
2009
Price N/A
2009
$10
2007
$835,000

Zoning & alternative use

B-2 · Yuma, AZ
Zoning description

standards 154-08.03 Limited Commercial District (B-1) (A) Purpose (B) Permitted principal uses (C) Permitted accessory uses (D) Conditional uses (E) Property development standards 154-08.04 General Commercial District (B…

General category COMMERCIAL
Top alternative use upside
Office building $2.3M +8.8%

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
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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
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