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Property profile & analytics
OFF-MARKET
Commercial real estate

621 Wickenburg Way Wickenburg, AZ 85390-2269

0.14 ac lot Built 1961
Entity Owned ~ Est. High Equity
Property ID
US07-0981749
Property summary
AI-generated overview

This exceptional commercial property located at 621 W Wickenburg Way, Wickenburg, Arizona, presents a unique investment opportunity. The property encompasses a well-established building currently occupied by a Chinese restaurant tenant with a remarkable 34+ year history. The building sits on a sizable 0.56-acre lot comprised of four parcels, offering significant potential for expansion and future development. Currently operating under a month-to-month lease, the tenant has expressed willingness to negotiate a long-term lease agreement. The current monthly rent is $3,200. The property is zoned C3, providing flexibility for various commercial uses. The sale includes both the building and all four parcels, making this a comprehensive and attractive package. The property's long-standing tenant and substantial land area create a solid foundation for a strong return on investment, whether through continued lease income or redevelopment. This is a rare chance to acquire a well-positioned commercial property in a thriving Arizona community. The existing structure is in good condition and ready for immediate income generation. The expansive lot size allows for future expansion or the addition of complementary businesses. This property is ideal for investors seeking a stable income stream with significant upside potential. The C3 zoning offers a wide range of possibilities for future development. Don't miss this opportunity to acquire a prime commercial property in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1961
Construction CONCRETE
Lot 0.14 ac (6,098 SF)
Zoning code C-3
APN 505-33-025
UPID US07-0981749
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
  • Sizzling Wok Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Viable Development LLC
Viable Development LLC
since 2025
Last sale
$500,000
3 recorded transactions
2025
$500,000
1999
$150,000
1987
$75,000
Zoning & alternative use
C-3 · Wickenburg, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of this zoning district is to make provision for commercial uses and services that are needed to serve the local population and persons traveling through the community, uses permitted in this district are located along major streets to provide convenient access. Permitted uses are required to provide off-street parking and loading and unloading f…

Zone name Major Street Commercial
General category COMMERCIAL
Zone area 418.60 ac
Source Realmo
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