2756 State Rte 89a Sedona, AZ 86336-5241
- Automotive properties
- 888 SF
- 0.23 lot acres
Current Use by Public Records
- Accurate Psychic Readings by Nirup / Psychic / Counselor
- Sedona Healing and Hypnotherapy / Alternative Medicine Practitioner
- Plaza Del Oeste / Shopping Mall
- Psychic Readings by Nirup / Psychic / Life Coach
Property Details for 2756 State Rte 89a
- Year built
- 1973
- Construction
- CONCRETE
- Lot size
- 0.23 lot acres
- Property size
- 888 SF
- Property type
- Automotive properties
- APN
- 408-24-104
- APU
- 40824104
Description
This exceptional retail property, known as Plaza West, presents a compelling investment opportunity in the vibrant West Sedona submarket of Yavapai County, Arizona. Situated on a 0.41-acre lot along Highway 89a, this charming two-story building boasts a total of 3,919 square feet, divided into ten individual retail suites. Currently, one 540 square foot suite is available. Built in 1981, the property features ample on-site parking with a total of 20 spaces, providing convenient access for both tenants and customers. Adding to its appeal is an attractive water feature, enhancing the Southwest aesthetic. The building is served by electric power and is zoned CO. The property's single building consists of two stories and offers a unique blend of character and functionality, making it an ideal investment for those seeking a well-established retail presence in a high-demand location. The property's location along a major thoroughfare ensures high visibility and accessibility, attracting a steady stream of potential customers. The property's APN is 408-24-106. This is a rare opportunity to acquire a well-maintained retail center in the heart of West Sedona. The multiple-tenancy structure offers diversification and potential for strong rental income.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $270,000
- 6.5%
- $255,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $280,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $265,000
- Mixed-Use
- $250,000
- Hospitality
- $295,000
- Educational
- $270,000
- Residential Income
- $270,000
- Energy
- $295,000
- Income-Based Land
- $275,000
- Food Service
- $310,000
Location Insight
- Map
- Local Demand
- City
- Sedona
- County
- Yavapai
- State
- Arizona
- Longitude
- -111.808
- Latitude
- 34.8629
- CBSA code
- 39150
- CBSA name
- PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA
