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2555 N Crownpointe Drive, Prescott Valley, AZ 86314

$1,880,000
Property Type: Commercial/Indstrial Square Footage: 9,400 Lot Size (sq. ft.): 107,593 Status: Active
Current Price: $1,880,000 List Date: 4/23/2024 Last Modified: 4/23/2024

Description

Prime Owner-User or Conversion Opportunity. This standalone commercial property spans +/-9,400 sf and is available for sale at $1,880,000 or $200/sf. Positioned on 2.47 acres of C2 PAD zoned land, this building boasts a full sprinkler system and a recently resurfaced and striped parking lot. Situated atop Glassford Hill, it offers unobstructed, panoramic views of the Prescott Valley region maximizing visibility to the 45,000+ vehicles traversing Highway 69 daily. With 20 onsite parking spaces plus street parking along Crownpointe Dr., there is potential for parking expansion around all three sides of the building. Furthermore, there is a possibility of acquiring the adjacent 1 acre commercial lot (APN# 103-09-033G) to supplement additional parking needs. Custom-built in 2012, the

Supplements: Prime Owner-User or Conversion Opportunity. This standalone commercial property spans +/-9,400 sf and is available for sale at $1,880,000 or $200/sf. Positioned on 2.47 acres of C2 PAD zoned land, this building boasts a full sprinkler system and a recently resurfaced and striped parking lot. Situated atop Glassford Hill, it offers unobstructed, panoramic views of the Prescott Valley region maximizing visibility to the 45,000+ vehicles traversing Highway 69 daily. With 20 onsite parking spaces plus street parking along Crownpointe Dr., there is potential for parking expansion around all three sides of the building. Furthermore, there is a possibility of acquiring the adjacent 1 acre commercial lot (APN# 103-09-033G) to supplement additional parking needs. Custom-built in 2012, the property currently operates as Full Swing Sports Center, an indoor recreational facility, featuring 5 indoor batting cages, arcade games, air hockey tables, a bungee trampoline, sports simulator and more. The current lease expires on 6-30-26 with no renewal options, however the tenant would like to renew the lease and/or may be willing to negotiate an early termination. Adjacent to this property is the recently renovated four-story 100-unit apartment complex called The View and the 225-unit Terraces Luxury Apartments in addition to the proposed 96-unit and 76-unit apartment complexes within the same commercial subdivision along Crownpointe Dr., the property benefits from a burgeoning residential community. Additionally, the proximity to Prescott Valley Crossroads, a regional shopping center anchored by major retailers enhances the property's appeal. Strategically located in Prescott Valley, the area enjoys robust submarket demographics. With ongoing developments such as a 150-unit patio home development and the Jasper Parkway connector which will enhance accessibility, the property stands as an investment opportunity in a thriving commercial hub.

More Information MLS# 1063870

Contract/Address/Legal

Original List Price: 1880000 Listing Date: 2024-04-22 Status: Active Listing Price: 1880000 List Price/SqFt: 200 Street #: 2555 Direction: N Street Name: Crownpointe St Suffix: Drive City/Township: Prescott Valley State: AZ Zip Code: 86314 Subdivision: None Neighborhood: N/A County: Yavapai Comm Type: Retail Zoning: C2-PAD Business Name: Full Swing Sports Center Tax Parcel: 103-09-033F Assessor's Book #: 103 Assessor's Map #: 9 Assessor's Parcel #: 33 Assessor Parcel Ltr: F REO/Short Sale: Not Applicable Legal: GLASSFORD REGIONAL MARKET PLACE PER M&P 40/84 AN IRREGULAR PORTIO N TRACT C SE PARCEL CORNER IS THE SE CORNER SAID TRACT C AKA PORT ION PARCEL 1 OF CROSSROADS TERRACE BUSINESS PARK PER LS 181/29 SE PARCEL CORNER IS THE SE CORNER SAID PARCEL 1. CONT. 2.47 AC.

General Property Description

Lot Size: 107544 Aprx Acres: 2.47 Buildings: 1 Total Liveable SqFt: 9400 Source of Measuremnt: County Assessor Stories: 1 Floor: 1 Parking Spaces: 24 Year Built: 2012 Baths - Full: 1

Tax Info

Taxes: 10552 Tax Year: 2023

Remarks & Misc

Directions: Heading East on Highway 69 in Prescott Valley, turn north onto Sundog Ranch Road. Turn Right onto Market St. then turn Right onto Crownpointe Dr. to the property on the right.

Office/Member Info

Compensation: 2 Compensation Type: %

Property Features

Bathrooms: ADA; Interior; Separate M and W Building Type: Medical/Dental; Retail - Free Stand Business Location: Corner Location; Freestanding Bldg; Office/Professional Commercial Amenities: Ceiling Ht. 16+; Overhead Door(s) Construction: Frame - Wood; Stucco Cooling: Gas Pack External Amenities: Handicap Access; Landscaped; Paved Parking Flooring: Concrete Heating: Natural Gas; Natural Gas Internal Amenities: Security/Alarm; Sprinklers Parking: On-Site; Street Parking; Other - See Remarks Records Available: Other - See Remarks Road Responsibility: Paved; Private Maintained Road Roof: Asphalt Shingle Terms & Conditions: Conventional Utilities Installed: Electricity; Master Meter; Natural Gas; Security System; Telephone; Underground; Water - City; WWT - City Sewer

Documents

Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: April - 23 - 2024

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