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$1,650,000
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Property Description
This PRIME INVESTMENT OPPORTUNITY has a clean 7.2% cap rate with 2% annual increases, making it an excellent choice for a hands-off owner or 1031 exchange. This is a rare opportunity to own a fully leased, income-generating property in a high-visibility location on State Route 69 in Prescott Valley with 30 ft of frontage with stable, long-term tenancy. The property is secured by a NNN lease with zero landlord responsibilities, and the master lease is held by a major corporation with excellent credit. The lease extends through 12/31/2032. Currently home to Mike's Transmission, a successful automotive repair business. The building was built in 1985 and spans 5,246 sq ft. It has 6 active bays, 2 exterior loading docks, 2 car lifts, a reception area, a private office, and 2 bathrooms. Additional upper-level storage provides extra functionality for business operations. On a 0.32-acre lot with C2-3 zoning, the zoning allows for a variety of commercial uses while maintaining compatibility with surrounding businesses. The seller is completing a 1031 exchange, seller carryback financing is not available. This is a rare opportunity to own a fully leased, income-generating property in a high-visibility location with stable, long-term tenancy.
Full Property Details
Full Property Details for 7890 E State Rte 69
General
- Price: $1,650,000
- Taxes: $4,808 (2024)
- Status: Active
- Type: Commercial
- Source: PAAR_Prescott_MLS
- MLS ID: 1072072
- Updated: 12/22/2025
- Added to Site: 290 day(s) ago
Business
- Name: Mikes Transmission Pros
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 2
Parking
- Parking Features: Paved, On Site
Location
- County: Yavapai
- Subdivision: None
- Driving Directions: From AZ-69, turn onto N Windsong Dr. Turn left onto E Pav Way. Turn right. Turn right. Property will be on the left.
Community
- Pet Restrictions: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Heat Pump
Utilities
- Water: Public
- Onsite: Electricity Available, WWT - City Sewer
Structural Information
- # Buildings: 1
- Construction: Steel Frame, Frame
- Roof: Metal, Other, Rolled/Hot Mop
- Stories/Levels: 1
- Building Size: 5246
- Square Feet: 5,246
- Current Bldg. Use: Investment
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.26
- Lot Size Source: County Records
- Access Info: City Maintained Road, Paved, Recorded Easement
- Zoning: C2
Financial Considerations
- Tax Amount: $4,808
- Tax Year: 2024
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- Legal Description: AN IRREG PCL LYNG IN THE SE4 SEC 14 WITH THE SE COR LYNG APPROX 570' W & 110' N FROM THE SE COR SEC 14-14-1W CONT .26AC 3366/718
- APN: 103-02-741b
Listed by eXp Realty
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Schools
Schools serving 7890 E State Rte 69
School District:Humboldt Unified District
| Name | Grades | Distance |
|---|---|---|
Lake Valley Elementary School 3900 North Starlight Drive, Prescott Valley, AZ 86314 | K-6 | 1.6 mi |
Bradshaw Mountain Middle School 12255 E Turquoise Cir, Dewey-Humboldt, AZ 86327 | 7-8 | 5.1 mi |
Bradshaw Mountain High School 6000 East Long Look Drive, Prescott Valley, AZ 86314 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7890 E State Rte 69
Date
Details
Price
Change
Source
4/04/2025
Listed
$1,650,000
14.11%
MLS
10/21/2014
Sold
$1,445,950
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7890 E State Rte 69
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,808
—
$80,164
8%
2024
$4,808
3%
$74,115
5%
2022
$4,653
—
$70,338
26%
2022
$4,653
-10%
$56,000
28%
2021
$5,154
4%
$43,681
-7%
2020
$4,974
1%
$47,011
100%
2019
$4,908
5%
-100%
2018
$4,694
2%
$40,093
2%
2017
$4,602
3%
$39,164
4%
2016
$4,454
-3%
$37,807
11%
2015
$4,609
3%
$34,193
-9%
2014
$4,466
—
$37,553
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7890 E State Rte 69
7890 E State Route 69, Prescott Valley, AZ 86314 (MLS# 1072072) is a Commercial property. 7890 E State Route 69 is currently listed for $1,650,000 and was received on April 04, 2025. Want to learn more about 7890 E State Route 69? Do you have questions about finding other Commercial real estate for sale in Prescott Valley? You can browse all Prescott Valley real estate or contact a Coldwell Banker agent to request more information.

