Property profile

297 Main St Cottonwood, AZ 86326

FOR SALE
Specialty properties
Property ID
US07-0510727
6,476 SF 0.57 ac lot Built 1996
Individually Owned 8-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 297 S Main St Unit A in Cottonwood, Arizona, presents a fantastic investment opportunity. Boasting a substantial 6,477 square feet of retail space, this property sits on a double parcel totaling just over 1.14 acres. Currently configured as a large retail space, the layout offers significant flexibility. The building features multiple levels, providing ample storage, with convenient roll-up door access to both the lower and upper levels. An enclosed, fenced patio area is ideal for showcasing merchandise, creating outdoor seating for a restaurant, or establishing a tasting room for a winery. The property includes paved front parking and an additional dirt lot behind the main retail space. The existing shed on the northern lot will be removed, opening up possibilities for additional structures or expanded usage. The property's size and layout allow for the potential division into two separate commercial spaces, catering to a variety of business needs. The seller is open to considering a carryback mortgage or a 1031 exchange. This prime Cottonwood location offers high visibility and significant potential for growth. The property is priced at $1,300,000.

Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1996
Construction CONCRETE
Total area 6,476 SF
Lot 0.57 ac (24,829 SF)
APN 406-45-062A
UPID US07-0510727

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
  • Discount Store

Location

297 Main St Cottonwood, AZ 86326
Cottonwood metro Census 2003 PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2018
5 recorded transactions
2018
$600,000
2010
$395,000
2010
$490,000
2010
$490,000
2006
$931,000

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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message