720 Elrod Rd Prescott, AZ 86305-2922
- Industrial properties
- 14,849 SF
- 2.25 lot acres
Current Use by Public Records
- 10PASTWEST / Aluminum Welder / Welder
Property Details for 720 Elrod Rd
- Year built
- 1980
- Construction
- CONCRETE
- Lot size
- 2.25 lot acres
- Property size
- 14,849 SF
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 113-10-036F
- APU
- 11310036F
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prescott
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.479
- Latitude
- 34.5468
- CBSA code
- 39150
- CBSA name
- PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA