$2,950,000
Cottonwood, AZ 86326
MLS# 6924394
1 / 47
Property Description
The Cottonwood Medical Building is a fully leased, purpose built, multi-tenant medical office building located on a prime lot adjacent to the Verde Valley Medical Center. Excellent condition. Seasoned tenants. Designed by distinguished architect Howard A. Perlman, AIA and constructed by Terry Wiggins Construction. See Offering Memorandum in Documents Tab. Due Diligence Package Available from Co-Listing Agent.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $2,950,000
List Price: $2,950,000
Status: Active
List Date: 2025-09-25
Location, Tax & Legal
Assessor's Map #: 33
Legal Description (Abbrev): AN IRREG PCL,THE SW COR BEING THE INTERSECTION OF THE SW LINE OF MOUNTAIN TERRACE PROFESSIONAL OFFIC
Assessor's Parcel #: 131
Assessor Parcel Ltr: J
Add'l Parcels: No
Tax Municipality: Cottonwood
Census Tract: 2001
Taxes: 10365
Legal: See ALTA Survey or Title Commitment.
Marketing Name: Cottonwood Medical Build
House Number: 199
Compass: S
Street Name: CANDY
St Suffix: Lane
City/Town Code: Cottonwood
State/Province: AZ
Zip Code: 86326
Zip4: 4183
County Code: Yavapai
Subdivision: Metes & Bounds
Assessor Number: 406-33-131-J
Tax Year: 2024
General Property Description
Type of Property: Medical Office Building
Ttl Apx SqFt Bldg: 10352
# of Buildings: 1
Uncvrd Parking Spcs: 38
Stories: 1
Lot Size Dimensions: 43,124
Flood Zone: No
Volts/Amps: 1000
Year Built: 1990
Zoning: PAD
Currently Not Used
Sold Price Per SqFt: 284.97
Legal Info
Range: 3E
Section: 33
Township: 16
Lot Number: See Legal
Construction
Brick: 1
Stucco: 1
Wood Frame: 1
Roofing
Tile: 1
Foam: 1
Floors
Vinyl: 1
Carpet: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 10365
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 193836
Building Type
Office: 1
Business Type
Medical: 1
Pmt & Rate Info
Cap Rate: 5.07
Equity: 2950000
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Heat Pump: 1
Natural Gas: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Security System: 1
Private Restrooms: 1
Public Restrooms: 1
Loading Facilities
None: 1
Road Access Type
Dedicated Street: 1
Road Surface Type
Asphalt: 1
Exterior
Sprinkler System-Ground: 1
Landscaping: 1
Monument Sign: 1
Source of Fincl Data
Owner: 1
Accountant: 1
Projected Proforma: 1
Tax Return: 1
Fencing
None: 1
Water Source
City Franchise: 1
Individual Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Parking Lot: 1
Paved: 1
Electric
APS: 1
Underground: 1
3 Phase Power: 1
Gas
Individual Meter: 1
Unisource: 1
New Financing
Cash Only: 1
Existing 1st Loan
Treat as Free&Clear: 1
Use Restrictions
Currently Leased: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
ALTA Survey Availbl: 1
Vicinity of an Airport: 1
Environmental
Phase I Available: 1
Remarks Misc
Cross Street: 89A & S Candy Lane
Directions: Highly visible lot adjacent to the Verde Valley Medical Center.
Geo Lat: 34.736602
Geo Lon: -112.031403
Income Expenses
Gross Annual Sch Inc: 193836
Net Operating Income: 149637
Property Features
Building Type: Office
Business Type: Medical
Construction: Stucco; Wood Frame; Brick
Roofing: Tile; Foam
Floors: Vinyl; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Natural Gas; Heat Pump
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished; Security System; Private Restrooms; Public Restrooms
Exterior: Sprinkler System-Ground; Landscaping; Monument Sign
Fencing: None
Parking Features: Free; Parking Lot; Paved
Road Access Type: Dedicated Street
Electric: APS; Underground; 3 Phase Power
Gas: Individual Meter; Unisource
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public
New Financing: Cash Only
Showing Notification Methods: Phone Call
Lockbox Type: None
Source of Fincl Data: Owner; Accountant; Projected Proforma; Tax Return
Existing 1st Loan: Treat as Free&Clear
Road Surface Type: Asphalt
Use Restrictions: Currently Leased
Environmental: Phase I Available
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Last Updated: December - 22 - 2025
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