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    OFF-MARKET
    Office buildings

    1600 Ash St, Globe, AZ 85501-1418

    3,138 SF 0.22 ac lot Built 1956
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US07-2530894
    Property summary
    AI-generated overview

    This exceptional commercial building, located at 1600 E Ash St, Globe, AZ 85501, presents a compelling investment opportunity. The 2,770 square foot building, classified as a Class B property, features three distinct rentable suites, two of which are currently leased. The property boasts a 75% occupancy rate, generating immediate income. Each suite offers its own entrance and utilities, providing flexibility for diverse business needs. The building underwent renovations in 2022. The property sits on a 0.22-acre lot and includes 15 parking spaces, ensuring ample convenience for tenants and visitors. The building is zoned C2 and offers highway frontage with high traffic counts, providing excellent visibility and accessibility. The asking price is $394,900, translating to $142.56 per square foot. The property is a fee simple ownership, with a modified lease type and credit-rated tenants. This multi-tenant building offers a blend of stability and growth potential, making it an attractive investment for both seasoned investors and those new to commercial real estate. The property's location in Gila County, Arizona, provides access to a thriving local market. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a prime location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1956
    Total area 3,138 SF
    Lot 0.22 ac (9,583 SF)
    APN 205-14-016D
    UPID US07-2530894
    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
    • Bradley Beauchamp Law Office Law Firm
    • United Fund of Globe-Miami Inc Social Service Agency Charitable Organization
    • Dr. Luralie L. Leonard, MD Pediatrician Physician
    • Service First Realty Real Estate Agency
    • Knockout Salon Hair Salon Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    All Pro INC · 8 yrs held
    All Pro INC
    since 2017
    1 recorded transaction
    2017
    $200,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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