3200 W County 15Th St, Somerton, AZ 85350
- Investment properties
- 2,914 SF
- 0.62 lot acres
Current Use by Public Records
- Investment properties
Property Details for 3200 W County 15Th St
- Year built
- 2006
- Construction
- FRAME
- Lot size
- 0.62 lot acres
- Zone code
- LI
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 745-29-015
- APU
- 74529015
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 27, 2022 | — | Piramid Contractors INC | — | Deed · related | $150k · The Foothills Bank |
| Jan 21, 1997 | $95,000 | Piramide Contractors INC | Collins,delta M | Grant Deed | $80k · Seller |
| — | — | Piramide Contractors INC | — | Deed Of Trust · related | $13k · Yuma Community Bank |
| — | — | Piramide Contractors INC | — | Deed Of Trust · related | $350k · Yuma Community Bank |
Description
This exceptional commercial property, located at 3200 W COUNTY 15 ST, Somerton, Arizona, presents a compelling investment opportunity. The property is classified as General Commercial and is offered at $900,600. While the square footage is not currently specified, the property's significant value lies in its strategic location within the thriving Somerton commercial district. This presents a unique chance to acquire a substantial parcel of land, ideal for a wide range of commercial ventures. The absence of specified square footage allows for considerable flexibility in development plans, catering to diverse business needs and expansion possibilities. The property's location offers excellent visibility and accessibility, ensuring high traffic flow and potential for strong customer engagement. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of this property for their specific commercial objectives. Given the current market conditions and the property's potential, this represents a strong investment opportunity in a growing Arizona community. The lack of existing structures allows for complete customization to suit the buyer's vision, making it an attractive proposition for developers and entrepreneurs alike. Serious inquiries are welcome. Further details regarding zoning and permitted uses can be obtained through the appropriate channels.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $755,000
- 6.5%
- $700,000
- 7%
- $650,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $928,000
- AI Estimate
- $740,000
Market price range: $193k - $929kMarket price range: $292k - $741k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $790,000
- OFFICE BUILDING
- $775,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Somerton
- County
- Yuma
- State
- Arizona
- Longitude
- -114.649
- Latitude
- 32.6115
- CBSA code
- 49740
- CBSA name
- YUMA, AZ METROPOLITAN STATISTICAL AREA
