88 16th St Douglas, AZ 85607-1305
This exceptional 0.26-acre commercial lot presents a unique investment opportunity in the thriving city of Douglas, Arizona. Located at 88 E 16th Street, this property offers significant potential for a variety of commercial ventures. The expansive lot provides ample space for development, allowing for flexibility in design and construction to suit your specific business needs. Its strategic location within Douglas ensures high visibility and accessibility, making it an ideal site for attracting customers and clients. The property's size is particularly attractive for businesses requiring substantial outdoor space, such as storage facilities, light industrial operations, or even a retail establishment with ample parking. Douglas, AZ boasts a robust local economy and a growing population, creating a favorable environment for commercial growth. This lot represents a chance to establish a strong presence in a dynamic market. The asking price of $155,000 makes this an attractive investment opportunity, offering a solid return on investment for the discerning buyer. Serious inquiries are encouraged to explore the possibilities this prime commercial lot offers. Act quickly, as opportunities like this are rare in this desirable location. The property is ready for immediate development, allowing for a swift transition from purchase to operational status. Don't miss this chance to secure a valuable piece of Douglas real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.