Technical
Financial
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Property profile

195 Plz Dr Prescott, AZ 86303

OFF-MARKET
Office buildings
Property ID
US07-0532685
6,636 SF 1.4 ac lot Built 1998
Entity Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,750-square-foot retail property in Prescott, Arizona, is available for lease at $8,500 per month plus NNN, or for sale at $1,350,000. Located approximately one mile west of downtown Prescott on a 1.4-acre lot, this single-level, freestanding building boasts 65 parking spaces and attractive landscaping, including outdoor patio areas adjacent to Butte Creek. Built in 1976 and recently renovated, the property features a versatile layout, vaulted ceilings, durable concrete flooring, separate restrooms, and a fire sprinkler system. The Business General zoning allows for diverse uses, including medical or professional offices, restaurants, or other special enterprises. The ample land offers potential for future expansion. The property's previous tenant, a non-profit organization, is relocating, making this a prime opportunity for a new business. The newly paved and striped parking lot further enhances the property's appeal. Detailed floor plans are available upon request. The APN is 111-08-017D, located in Yavapai County, Arizona, zip code 86303.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction STEEL FRAME
Total area 6,636 SF
Lot 1.4 ac (60,984 SF)
APN 111-08-017D
UPID US07-0532685

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
  • Medical Clinic
  • Charitable Organization Social Service Agency
  • Medical Clinic

Location

195 Plz Dr Prescott, AZ 86303-5549
Prescott metro Census 1104 PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$325k

Owner & transaction history

since 2008
4 recorded transactions
2008
$750,000
2003
$865,000
2002
$703,589
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $1.5M +30.0%

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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