Property profile

1771 State Rte 89a Sedona, AZ 86336

OFF-MARKET
Banks
Property ID
US07-1159852
5,234 SF 0.55 ac lot Built 1985
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office space, located at 1771 W State Rte 89A in Sedona, Arizona, presents a unique opportunity. The property, a single-story building totaling 6,763 square feet, boasts a prime location at the signalized corner of State Route 89A and Northview Road, benefiting from high visibility and significant traffic flow (28,838 cars daily). Built in 1981 and extensively renovated in 2024, the building features three suites, with one suite currently vacant, offering 1,500 to 1,600 square feet of contiguous space. The minimum divisible space is 1,500 square feet, ideal for a variety of professional uses. The building offers 9'9" ceilings and ample parking with 30 total spaces. The 0.55-acre lot is zoned CO, and the property is served by APS power. Its previous use as a bank makes it well-suited for financial institutions, ATMs, medical offices, or other professional services. The property's location in the West Sedona submarket provides easy access to a variety of businesses and amenities. The APN is 408-26-033B. This is a rare opportunity to secure a well-maintained, high-visibility commercial space in a thriving Sedona location.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1985
Construction STEEL FRAME
Total area 5,234 SF
Lot 0.55 ac (23,958 SF)
APN 408-26-033B
UPID US07-1159852

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1771 State Rte 89a Sedona, AZ 86336-5533
Sedona metro Census 1801 PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.63M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.53M

Owner & transaction history

since 2021
Last sale
$1.8M
3 recorded transactions
2024
Price N/A
2024
Price N/A
2021
$1.8M

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.7M +427.6%

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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