306 Ironwood Dr Apache Junction, AZ 85120-5075
This exceptional 2,800-square-foot industrial property, located at 306 S Ironwood Dr in Apache Junction, Arizona (zip code 85120), presents a compelling investment opportunity. The single-tenant building, constructed in 1978, sits on an 11,761-square-foot lot and boasts B-1 zoning, offering versatility for various business uses including distribution, warehouse, and manufacturing. The building features a 10-foot ceiling height and ample parking with 10 spaces. The property includes a gated yard providing additional secure storage space, a significant advantage for businesses requiring extra room for materials or inventory. The building is fully air-conditioned throughout and equipped with 200 amps of single-phase power. Its prime location offers excellent visibility with 99 feet of frontage on Ironwood Drive. The property's APN is 101-09-1020. The asking price for this well-maintained industrial space is $479,000. This free-standing building offers a unique blend of functionality and location, making it an ideal choice for a variety of businesses seeking a strong foothold in the thriving Apache Junction market. The net rentable square footage is 2,800 square feet.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.