720 Elrod Rd, Prescott, AZ 86305-2922
This exceptional 15,349-square-foot industrial property, situated on a spacious 2.25-acre lot in Prescott, Arizona, presents a unique investment opportunity. Located in the heart of Prescott, this versatile building seamlessly blends warehouse, office, and showroom space, currently utilized for manufacturing, distribution, and retail operations. The expansive interior features large open areas ideal for various uses, complemented by elevated loading docks for efficient logistics. The high ceilings, ranging from 16 to 24 feet, provide ample vertical space and flexibility for diverse operational needs. The property's strategic location within a thriving retail hub and in close proximity to Prescott College offers significant advantages. The substantial lot size ensures ample parking and the possibility of developing a secure yard. The building is equipped with solar power, reducing energy costs and promoting sustainability. This property benefits from its position in the largest metropolitan statistical area north of Phoenix, serving a substantial trade area with a population exceeding 255,000, a significant portion residing within a 15-mile radius of downtown Prescott. The Industrial Light zoning allows for a wide range of uses, making this a truly adaptable and valuable asset. This is a rare opportunity to acquire a substantial, well-located industrial property with significant potential for growth and diverse applications. The asking price is $3,375,000.
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10PASTWEST Metal Fabrication Plant Factory
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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