Chino Valley, AZ 86323
- $1,185,000
- List Price
- $1,185,000
- Year Built
- 1982
- Acres
- 1.20
- MLS#
- 1084934
- Lot Size
- 52,272
Property Description
Purchase this well-maintained +/-6,869 SF commercial building located on approximately 1.20 acres of prime commercially zoned land in the heart of Chino Valley along highly traveled SR 89 for $1,185,000 ($172.51/SF), valuation based on an appraisal dated December 31, 2025. The property offers an attractive 7.5% pro-form going-in cap rate, providing an excellent opportunity for both investors or owner/users. The property benefits from excellent frontage and visibility along SR 89 and currently includes established tenants State Farm (+/-2,000 SF) and Pet's 1st Choice (+/-800 SF). The remaining +/-4,089 SF main retail space is available for lease at $12.00/SF/year modified gross, providing an owner/user with the opportunity to occupy the space while generating rental income from the existing tenants. Property features include 40+ paved parking spaces, an ADA-accessible restroom, 220-volt power, a roll-up door, and monument signage along the highway. With its high traffic location, excellent visibility, flexible commercial zoning, and substantial land component, this property is well suited for a variety of retail, service, or owner-user applications. One of the Sellers is a licensed Arizona real estate salesperson.
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Additional Information
- Total Garage
- 40
- Construction
- Block/Brick, Frame
- Cooling
- Gas
- Exterior Features
- Handicap Access, Storage
- Flooring
- Concrete
- Heating
- Natural Gas
- Interior Features
- Fire/Smoke Detector, Security/Alarm
- REO/Short Sale
- Not Applicable
- Roof
- Asphalt, Rolled/Hot Mop
- Stories
- 1
- Taxes
- $5,844
- Tax Year
- 2025
- Zoning
- CL
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Listing courtesy of Better Homes And Gardens Real Estate Bloomtree Realty.