8221 Spouse Dr Prescott Valley, AZ 86314-3733
- Investment properties
- 2,741 SF
- 0.34 lot acres
Mar 05, 2025
Current Use by Public Records
- Christmas in Prescott Online Store / Christmas Store / Gift Shop
Property Details for 8221 Spouse Dr
- Year built
- 1990
- Construction
- CONCRETE
- Lot size
- 0.34 lot acres
- Property size
- 2,741 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 103-02-539C
- APU
- 10302539C
Description
This exceptional Prescott Valley property presents a rare owner-user opportunity, encompassing 5,265 square feet across two buildings on a 0.51-acre lot. The property, zoned C2-3, features a 2,741-square-foot warehouse with two roll-up doors, ample storage, and a double garage. A fully fenced lot with a pull-through driveway provides convenient access. The warehouse also includes secured racking and a camera-monitored security system. Upstairs, a 2,524-square-foot space offers four bedrooms, three bathrooms, a large living room, kitchen, and an office/den, adaptable for residential or office use. The property boasts a highly visible location on Spouse Drive, near the intersection of Robert Road, with additional access on Preston Drive. Nine parking spaces are available. Built in 1979, this two-story structure offers a 10-foot ceiling height in the warehouse. The asking price is $799,000, translating to $163 per square foot. This versatile property is ideal for various uses, including construction, manufacturing, assembly, shipping/receiving, and more. The combination of warehouse space, residential potential, and prime location makes this a truly unique investment. The property's address is 8221 Spouse Dr, Prescott Valley, AZ 86314, with APN 103-02-539C.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $615,000
- 6.5%
- $570,000
- 7%
- $530,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $584,000
- AI Estimate
- $468,000
Market price range: $301k - $584kMarket price range: $132k - $468k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $415,000 Current use
- WAREHOUSE, STORAGE
- $980,000 Change: +136% Conversion: Difficult
- MEDICAL BUILDING
- $595,000 Change: +44% Conversion: Easy
- AUTO REPAIR, GARAGE
- $505,000 Change: +21% Conversion: Difficult
- OFFICE BUILDING
- $425,000 Change: +2% Conversion: Easy
- RETAIL STORES
- $375,000 Change: -10% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Prescott Valley
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.32
- Latitude
- 34.6093
- CBSA code
- 39150
- CBSA name
- PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA