- List Price $1,057,500
- Price / Unit $1,057,500
- Property Type Other
- Units 1
- Current Rents $0
- Pro Forma Rents $0
- In Place NOI $0
- Projected NOI $0
- Target CAP Rate N/A
- Market CAP Rate N/A
- Today's Market Value $1,175,000
- Value w/Market Rents $0
*Today’s Market Value & Value w/Market Rents is a theoretical value calculation derived by NOI and CAP rate. It does not take any other property factors into account.
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About the property
Motivated Seller! Prime location in Prescott, AZ, is priced to sell & ready for immediate development. It is located across from Embry Riddle University & surrounded by residential neighborhoods. It is zoned BR (Business Regional), offering a wide range of development options including commercial, lodging, healthcare, retail, assisted living & residential. Utilities are readily available on the property with access to public water, sewer, and APS. Plans and permits for development are already in place! Additional Parcels for Sale! All offers will be considered.
About the neighbourhood
- Prescott, Arizona's booming population growth highlights the demand for various developments, including homes, assisted living facilities, resorts, retail spaces, and more. With an increasing population and a steady flow of retirees attracted to the area's amenities, there's a pressing need for residential and senior living options. Additionally, the city's flourishing tourism industry offers opportunities for resort development, while its expanding population base creates a ripe market for retail and commercial ventures to cater to community needs.
Municipality - Investor Guide
Property Documents
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Walkscore
Nearby
- Arts & Entertainment
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Phippen Museum (0.78 mi)
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Skurja Art Castings (1.51 mi)
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Auto Trim Plus (1.57 mi)
- Education
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Embry Riddle Aeronautical University (0.87 mi)
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American Red Cross (1.7 mi)
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Winn School of Real Estate (1.91 mi)
- Food
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WOW Café (0.72 mi)
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Earhart's Dining Hall (0.75 mi)
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Manzanita Grille (1.33 mi)
- Health & Medical
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Embry Riddle Aeronautical University (0.87 mi)
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Brian Schilperoort, MD (1.06 mi)
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Innate Wellness & Medical Center (1.07 mi)
Contact Information
- List Price $1,057,500
- Property Type Other
- Current Rents $0
- In Place NOI $0
- Target CAP Rate N/A
- Today's Market Value $1,175,000
- Price / Unit $1,057,500
- Units 1
- Pro Forma Rents $0
- Projected NOI $0
- Market CAP Rate N/A
- Value w/Market Rents $0
*Today’s Market Value & Value w/Market Rents is a theoretical value calculation derived by NOI and CAP rate. It does not take any other property factors into account.
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Based on Citypoint’s communication with the seller, the price point listed is a price that the seller should be willing to transact at. Any terms for, or against, the seller can help/hurt this price level.
Many sellers have loan balances that need to be paid off at closing. If the seller’s net proceeds after commissions, taxes, closing fees, rent credits, security deposit credits, etc fall below their current loan balance the price will most likely be denied by the seller.
Bid prices are subject to final seller confirmation. Seller confirmation is subject to a final buyer and seller signed contract.
Multiple bids from multiple parties may exist.
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