Property profile

298 N Pine St Globe, AZ 85501

FOR SALE
Industrial properties
Property ID
US07-1003771
6,083 SF 0.15 ac lot Built 1967
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,160-square-foot industrial flex space is ideally situated at 298 N Pine St in Globe, Arizona, within Gila County. The single-tenant property boasts a convenient 0.15-acre lot and offers ample space for a variety of business needs. Built in 1980, this one-story Class C building is ready for immediate occupancy, with the entire 6,160 square feet currently vacant. The property features one loading dock, making loading and unloading efficient and straightforward. Its location in Globe, AZ, zip code 85501, provides easy access to key transportation routes and local amenities. The property's flexible design makes it suitable for a range of industrial and commercial uses, presenting a unique opportunity for businesses seeking a functional and well-located space. The property's single-tenant occupancy ensures privacy and control, while its size offers significant potential for growth and expansion. This is a rare opportunity to secure a well-maintained industrial space in a desirable location. Contact us today to schedule a viewing and explore the possibilities this property offers.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1967
Construction CONCRETE
Total area 6,083 SF
Lot 0.15 ac (6,534 SF)
APN 208-03-353
UPID US07-1003771

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
  • Publishing House Newspaper & Magazine
  • Marketing & Advertising Printing Service
  • Publishing House Newspaper & Magazine

Location

298 N Pine St Globe, AZ 85501
Globe metro Census 1100 PAYSON, AZ MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2023
Last sale
$225,000
6 recorded transactions
2023
$225,000
2015
Price N/A
2013
Price N/A
2009
Price N/A
2008
$200,000
1998
$172,800

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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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
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