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    850 Ironwood Dr Apache Junction, AZ 85120-6242
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    Property profile & analytics

    850 Ironwood Dr, Apache Junction, AZ 85120-6242

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    • Retail space
    • 14,340 SF
    • 1.38 lot acres
    Off-Market
    Last Sale Apr 29, 2024
    $2,000,000
    Property ID
    US07-0516863
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,000,000
    Show details
    Cap Rate Potential
    7%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Ironwood Plaza / Shopping Center & Mall
    • Stripes Mary Care / Hospital
    • Brenda Pastrana, LCSW / Physician
    • Quigley Gerard J / Physician
    • Branson Physical Therapy / Medical Clinic

    Property Details for 850 Ironwood Dr

    Year built
    1985
    Construction
    STEEL FRAME
    Lot size
    1.38 lot acres
    Property type
    Retail space
    APN
    102-12-0270
    APU
    102120270

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 29, 2024 $2,000,000 Warren Street Partners LLC Rrv Investments LLC Special Warranty Deed $900k · Gainey Business Bank
    Oct 23, 2018 Rrv Investments LLC Deed · related $750k · Desert Schools FCU
    Jan 25, 2007 Roberta J Vitale Vitale,ronald J Affidavit Of Death · related
    Dec 1, 1998 $741,000 Vital Trustee Jacaranda Properties LLC Grant Deed
    Roberta J Vitale Deed Of Trust · related $829k · Vitale John M Living Trust
    Rrv Investments LLC Deed Of Trust · related $749k · Mustang Land & Homes LLC
    Ronald J Vitale Deed Of Trust · related $325k · Paul H Weisman
    Ronald J Vitale Deed Of Trust · related $47k · Paul H& Jeffreen E Weisman

    Description

    This exceptional retail property, located at 850 S Ironwood Dr in Apache Junction, Arizona, offers 18,900 square feet of completely vacant space, ideal for multiple tenants. The property is situated in Pinal County, with convenient access and high visibility. Three spaces are currently available, ranging in size from a minimum of 660 square feet to a maximum contiguous space of 16,320 square feet, providing flexibility for businesses of various scales. The property's classification is retail commercial, making it suitable for a wide range of retail operations. The address is easily accessible, offering excellent exposure to potential customers. The entire 18,900 square foot building is available for lease, presenting a unique opportunity for a single large tenant or multiple smaller businesses seeking a shared location. This prime retail space in Apache Junction, AZ, zip code 85120, presents a compelling opportunity for businesses seeking a high-visibility location within a thriving community. The property's size and layout offer significant potential for growth and success. Interested parties are encouraged to inquire for further details and leasing options. The property is ready for immediate occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,000,000
      ML approach
      $2,000,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,345,000
      6.5%
      $2,165,000
      7%
      $2,010,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,000,000
      Market price range: $2.00M - $3.87M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,980,000
      Current use
      COMMERCIAL (GENERAL)
      $3,085,000
      Change: +4% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Apache Junction
    County
    Pinal
    State
    Arizona
    Longitude
    -111.564
    Latitude
    33.4073
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,893
    $21,600
    $127,145
    $148,745
    -
    $120,000
    $706,359
    $826,359
    More about this property
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