3120 Clearwater Dr Prescott, AZ 86305-7131
Property profile & analytics
3120 Clearwater Dr Prescott, AZ 86305-7131
- Medical Office Space
- 4,469 SF
- 0.70 lot acres
Property ID
US07-1162293
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dr. Allen Gardner / Medical Clinic
- David P. Danowski, MD / Physician
- Nicholas H. Rice, MD / Physician
- Torres Anthony V MD / Physician
- Dignity Health, Yavapai Regional Medical Group, Internal Medicine / Medical Clinic
Property Details for 3120 Clearwater Dr
- Year built
- 2003
- Construction
- STEEL FRAME
- Lot size
- 0.70 lot acres
- Property size
- 4,469 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 106-49-006
- APU
- 10649006
Description
This exceptional investment opportunity presents a single-tenant, Class A medical office building located at 3120 Clearwater Dr, Prescott, AZ 86305. The 4,493 square foot building, constructed in 2003, boasts a desirable location within the Crossings Commercial Subdivision. Currently 100% occupied by Dignity Health/YRMC under a Net Net Net (NNN) lease, the property offers a strong, stable income stream. The lease, with a remaining term of approximately five years, includes a five-year renewal option with a 3.0% annual rent increase, providing long-term security for the investor. The building features twelve exam rooms, two nurse stations, a business office bullpen, a manager's office, a spacious waiting room, reception area, kitchen/break room, three storage rooms, four restrooms, and a private outdoor patio. Ample parking is provided with 40 on-site spaces supplemented by street parking. The property's current cap rate is 6.74%, with a five-year average of 7.25%, representing a compelling return on investment. The property's APN is 106-49-006. This single-story building is in excellent condition and features high-quality tenant improvements and a functional floor plan, making it an ideal investment for discerning buyers seeking a stable, high-performing asset in a thriving Prescott, Arizona market.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,005,000 Current use
- RETAIL STORES
- $1,105,000 Change: +10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Prescott
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.466
- Latitude
- 34.5971
- CBSA code
- 39150
- CBSA name
- PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,665
$37,421
$171,499
$208,920
-
$207,897
$952,772
$1,160,669
