999 Division St Prescott, AZ 86301
Property profile & analytics
999 Division St Prescott, AZ 86301
- Medical Office Space
- 4,922 SF
- 0.28 lot acres
Property ID
US07-1226882
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.
Location Intelligence
Current Use by Public Records
- Prescott Family Practice / Medical Clinic
- AZ Neurosurgery and Spine | Dr. John Spitalieri / Physician
- GF Medical / Medical Clinic
- Thresiamma Anthony / Physician
Property Details for 999 Division St
- Year built
- 1992
- Construction
- STEEL FRAME
- Lot size
- 0.28 lot acres
- Property size
- 4,922 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 116-19-003B
- APU
- 11619003B
Description
This exceptional investment opportunity presents a single-tenant, net-leased medical office building situated in Prescott, Arizona. Located directly adjacent to Dignity Health hospital's west campus at 999 Division Street, this 4,922 square foot building offers a strong, stable income stream. Currently leased to Arizona Neurosurgery & Spine, the lease commenced January 1, 2022, and extends until December 31, 2026, providing immediate cash flow. The property boasts a 6.5% going-in capitalization rate with annual CPI increases, ensuring long-term value appreciation. Built in 1988 and recently renovated, the building is in excellent condition. The main level encompasses approximately 4,000 square feet, featuring five exam rooms with sinks, three provider offices (convertible to additional exam rooms), a large surgical room, three surgical prep rooms, a dedicated surgical lobby and entrance, two nursing stations, and a manager's office. The 0.28-acre lot provides ample space. Priced at $1,820,000, this is a rare chance to acquire a high-performing medical office building in a prime Prescott location with significant upside potential. The property's strategic location and strong tenant occupancy make it an ideal addition to any investment portfolio. This is a turnkey investment opportunity with minimal management requirements.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $720,000
- ML approach
- $675,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $695,000
Market price range: $696k - $1.35M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,105,000 Current use
- RETAIL STORES
- $1,080,000 Change: -2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Prescott
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.479
- Latitude
- 34.5596
- CBSA code
- 39150
- CBSA name
- PRESCOTT VALLEY-PRESCOTT, 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
2022
$5,091
$17,965
$82,640
$100,605
-
$119,766
$550,933
$670,699
