Property profile

6268 Kings Rnch Rd Gold Canyon, AZ 85118

OFF-MARKET
Retail space
Property ID
US07-0381120
8,079 SF 0.89 ac lot Built 1990
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Gold Canyon, Arizona property, located at 6268 S Kings Ranch Rd (Kings Ranch Rd and Sleepy Hollow Trail), offers four move-in ready creative office or retail spaces for lease. The single-story, 8,076 square foot building, constructed in 1990 and renovated in 2019, sits on one acre of land and boasts a Class B rating. Each suite offers excellent street visibility with large front windows providing ample natural light. Units range from 600 to a maximum of 1,800 contiguous square feet, with a 10-foot ceiling height. The property features a total of 30 parking spaces, providing ample parking for tenants and their clients. The building is zoned CB-2 and has 200-amp power. No elevators are present. Currently, 1,800 square feet are vacant. The modified gross lease is $1,150 per month, with tenants responsible only for electricity. Additional outside storage space is also available for lease. The thriving Gold Canyon area is experiencing significant growth, with 125 new home communities under development, including 35 national builders. This presents a unique opportunity for businesses seeking high visibility and access to a rapidly expanding residential market. The property's location and amenities make it ideal for a variety of uses, including medical spas, barber shops, nail salons, insurance companies, financial services, or any small office or retail business.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Construction STEEL FRAME
Total area 8,079 SF
Lot 0.89 ac (38,768 SF)
APN 104-12-126A
UPID US07-0381120

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Hair Salon
  • Clothing Store Boutique
  • Pet Grooming Service
  • Dental Office

Location

6268 Kings Rnch Rd Gold Canyon, AZ 85118-7353
Gold Canyon metro Census 316 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.31M
CAP Approach CAP
$1.22M
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.34M

Owner & transaction history

since 2022
Last sale
$1.3M
4 recorded transactions
2022
$1.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.9M +16.0%
Commercial (general) $1.7M +3.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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