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    Property profile & analytics
    OFF-MARKET Estimated value $1,395,000
    Industrial properties

    720 Elrod Rd, Prescott, AZ 86305-2922

    14,849 SF 2.25 ac lot Built 1980
    Individually Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US07-0997324
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Industrial properties
    Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
    Year built 1980
    Construction CONCRETE
    Total area 14,849 SF
    Lot 2.25 ac (98,010 SF)
    APN 113-10-036F
    UPID US07-0997324
    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
    • 10PASTWEST Metal Fabrication Plant Factory
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.49M
    Blend (final) Blend
    $1.40M
    Owner & transaction history
    Scott D Pron · 10 yrs held
    Scott D Pron
    since 2015
    7 recorded transactions
    2025
    2015
    $50,000
    2008
    2008
    $800,000
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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