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1555 W Iron Springs Road, Prescott, AZ 86305
$2,940,000
1555 W Iron Springs Road, Prescott, AZ 86305View this property at 1555 W Iron Springs Road, Prescott, AZ 86305
1555 W Iron Springs RoadPrescottAZ86305
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Property Description
Fantastic opportunity to acquire this mixed-use multi tenant investment property. The property consists of 4 Parcels, 22,530 square feet of leasable square footage currently demised into 58 units. (14 Traditional offices, 32 Storage Units, and 12 Units that are half office and half warehouse). Property features 78 Parking spaces, a large monument marquee sign, County zoning so there is no city TPT tax, currently 100% leased, average daily traffic counts at the last study in 2016 were 21,700 vehicles per day. 2023 proforma assumptions are $251,079.80 NOI and a 9% Cap Rate. Financials available with a signed NDA.
Full Property Details
Full Property Details for 1555 W Iron Springs Rd
General
- Sold For: $2,940,000
- Taxes: $20,957 (2021)
- Status: Closed
- Type: Office
- MLS ID: 1050846
- Added to Site: 619 day(s) ago
Business
- Business Type: Multiple
- Business Mgt.: Owner
Interior
- Interior Features: Bathroom, Ceiling Fan(s), Fire/Smoke Detector, Security/Alarm
- Flooring: Carpet, Concrete, Tile
Exterior
- Exterior Features: Fence, Handicap Access, Landscaped, Paved Parking, Security Lights
Parking
- Parking Features: On-Site
Location
- County: Yavapai
- Driving Directions: West on Iron Springs from Willow Creek Rd or Miller Valley Rd. Property is located on the South (left) side of Iron Springs.
- Location Details: Business Park, Commercial Strip, Office/Professional, BINSR REPAIRS
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air Conditioning, Gas Pack, Room A/C
- Heating Type: Electric, Natural Gas
Utilities
- Onsite: 220, Electricity, Fire Hydrant, Individual Meter, Master Meter, Natural Gas, Telephone, Underground, Water - City, WWT - City Sewer
Structural Information
- Builder: Jim Duke
- Construction Status: Existing
- Construction: Block/Brick, Frame - Wood
- Roof: Rolled/Hot Mop
- Stories/Levels: 1.0
- Square Feet: 22,560
- Sq. Ft. Source: County Assessor
- Additional Use: Investment Prop
- Year Built: 1981
Lot Features
- Lot Size (Acres): 1.56
- Lot Size: 69260.4
- Lot Dimensions: 69260.4
- Access Info: County, Maint-County, Paved
- Zoning: C1-4, Yavapai County C1-4
Financial Considerations
- Price Per Sq. Ft.: $124
- Tax Amount: $20,957
- Tax Year: 2021
- Terms: Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Site Plan, Survey
- APN: 115-06-188
Listed by Prescott Commercial Real Estat
Sold by Russ Lyon Sotheby's Internatio
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Schools
Schools serving 1555 W Iron Springs Rd
School District:Prescott Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1800 N Williamson Valley Rd, Prescott, AZ 86305 | 5-6 | 0.7 mi | |
201 Park Ave, Prescott, AZ 86303 | K-5 | 1.8 mi | |
300 S Granite St, Prescott, AZ 86303 | 7-8 | 2.2 mi | |
1050 Ruth St, Prescott, AZ 86301 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1555 W Iron Springs Rd
Date
Details
Price
Change
Source
11/18/2022
Sold
$2,940,000
5%
MLS
8/30/2022
Listed
$2,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1555 W Iron Springs Road, Prescott, AZ 86305 (MLS# 1050846) is a Office property that was sold at $2,940,000 on November 18, 2022. Want to learn more about 1555 W Iron Springs Road? Do you have questions about finding other Office real estate for sale in Prescott? You can browse all Prescott real estate or contact a Coldwell Banker agent to request more information.