Property summary
This exceptional 12,000 square foot industrial building, situated on a generous 4.05-acre lot in Yuma, Arizona, presents a compelling investment opportunity. Currently zoned for light industrial use, the property boasts impressive features including ceiling heights ranging from 13'8.5" to 16'8.5", and fourteen (14) grade-level loading doors measuring 16' wide by 14'5" high. A separate restroom building of approximately 473 square feet adds convenience. The property benefits from a Verizon cell tower lease generating additional income. Currently, the south half of the facility is leased to a tenant, with the lease expiring November 1, 2024. The asking price has been reduced to $2,190,000. The property's location in Yuma offers significant advantages, including lower regulations and property taxes compared to California, access to a large labor pool, and lower overall costs for land, wages, utilities, and taxes. Yuma's strategic location near the California/Arizona/Mexico borders, coupled with its proximity to major transportation arteries (I-8 and US-95), and the San Luis Port of Entry, provides unparalleled access to regional and international markets. The property's APN is 696-29-016.
Property profile
VerifiedCap rate & NOI
Current use
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Freight Service Logistics Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
5 · Yuma, AZZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 5 in Yuma, AZ.
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