6268 Kings Rnch Rd Gold Canyon, AZ 85118
- Retail space
- 8,079 SF
- 0.89 lot acres
Current Use by Public Records
- Retail space
Property Details for 6268 Kings Rnch Rd
- Year built
- 1990
- Construction
- STEEL FRAME
- Lot size
- 0.89 lot acres
- Property size
- 8,079 SF
- Property type
- Retail space
- APN
- 104-12-126A
- APU
- 10412126A
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,235,000
- 6.5%
- $1,245,000
- 7%
- $1,110,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,170,000
- Geo Method
- $1,165,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,020,000
- Retail
- $1,240,000
- Mixed-Use
- $1,350,000
- Hospitality
- $975,000
- Educational
- $1,160,000
- Residential Income
- $1,140,000
- Energy
- $1,040,000
- Income-Based Land
- $1,000,000
- Food Service
- $1,130,000
Location Insight
- Map
- Local Demand
- City
- Gold Canyon
- County
- Pinal
- State
- Arizona
- Longitude
- -111.452
- Latitude
- 33.358
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA