Bought with Prescott Commercial Real Estate
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248 Justin DR Cottonwood, AZ 86326
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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
Year Built 1999
Annual Tax Amount $7,766
Tax Year 2023
Lot Size 0.740 Acres
Acres 0.74
Property Sub-Type Industrial
Source paar
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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