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Property profile & analytics
OFF-MARKET Estimated value $630,000
Automotive properties

402 Sheldon St Prescott, AZ 86301-3120

1,012 SF 0.25 ac lot Built 1953
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US07-3389334
Property summary
AI-generated overview

This exceptional 1,021 square foot retail building is ideally situated in downtown Prescott, Arizona, at 402 E Sheldon Street. Boasting a prime location with excellent frontage and visibility, this property benefits from a signalized intersection providing access from three sides. Daily traffic counts exceed 36,000 vehicles, ensuring significant exposure for any business. The building features four 10-foot roll-up doors, one currently utilized as an office space. High ceilings at 12 feet provide ample vertical space. A security system is in place for added peace of mind. Ample on-site parking is available for customers and employees. The property sits on a 0.25-acre lot, offering potential for expansion to the existing structure, subject to city approval. This is a rare opportunity to acquire a well-located, functional commercial building in a thriving downtown area with high traffic volume. The asking price is $699,000. This property is perfect for a variety of retail uses and presents a strong investment opportunity.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1953
Construction CONCRETE
Total area 1,012 SF
Lot 0.25 ac (10,890 SF)
APN 114-02-001A
UPID US07-3389334
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Summit 4X4 Off-Road Auto Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$630k
Owner & transaction history
Summit 4x4 Real Estate LLC · 6 yrs held
Summit 4x4 Real Estate LLC
since 2019
Last sale
$660,000
5 recorded transactions
2019
$460,000
2007
$500,000
2003
$360,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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