Cottonwood, AZ 86326,248 Justin DR
Cottonwood, AZ 86326,248 Justin DR
Cottonwood, AZ 86326,248 Justin DR
Cottonwood, AZ 86326,248 Justin DR
Cottonwood, AZ 86326,248 Justin DR
Cottonwood, AZ 86326,248 Justin DR
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Listed by Prescott Commercial Real Estate
Bought with Prescott Commercial Real Estate

$2,100,000

$3,381,958

37.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1 Bath

0.74 Acres Lot


SOLD DATE : 09/10/2024

Key Details

Sold Price $2,100,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1065163

Sold Date 09/10/24

Full Baths 1

Originating Board paar

Year Built 1999

Annual Tax Amount $7,766

Tax Year 2023

Lot Size 0.740 Acres

Acres 0.74

Property Description

6.5 % CAP RATE! Excellent investment opportunity! Just east of Cottonwood Airport in the Mingus Industrial Park this 17,645 sq ft industrial building is being offered for sale with a long-term Tenant in place. The building has three 12' tall X 10' wide overhead doors, one grade level dock, one dock high dock with a hydraulic lift system, CMU construction, 5445 sq ft of the building is cold storage, fully fire sprinklered, 18' of clear height, 3-phase power, a 40KW backup generator in case there is ever interruption in the electrical grid, almost the entire parcel is paved other than a retention pond out front, 4 evaporative coolers, and 4 HVAC Units.

Location

State AZ

County Yavapai

Zoning Cottonwood I-2

Interior

Interior Features Bathroom, Sprinklers

Heating Electric, Natural Gas

Cooling Central Air, Evaporative Cooling

Flooring Concrete

Exterior

Exterior Feature Fence, Landscaped, Paved Parking, Security Light

Utilities Available ThreePhase, Electricity On-Site, Fire Hydrant, Individual Meter, Natural Gas On-Site, Security System, Telephone On-Site, Underground Utilities, Water - City, WWT - City Sewer

Roof Type Rolled/Hot Mop

Total Parking Spaces 15

Building

Story 1

Structure Type Block/Brick,Other

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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Prescott Area Association of Realtors (PAAR MLS)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 380-2122

culverhomesaz@gmail.com

3707 E Southern Ave, Mesa, AZ, 85206, United States

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