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5980 E Coury Drive Cottonwood, AZ $ 5,777,862
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$ 5,777,862 Get more info
5980 E Coury Drive
$ 5,777,862
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Share Save

5980 E Coury Drive

Cottonwood, AZ, 86326
$ 5,777,862
Baths0.0 Sq 28,468

Monthly Estimate*

$ 38,401

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Studio

Commercial Property for sale in Cottonwood, AZ

for $5,777,862. This 28,468 square foot building was built in 2007 on a lot size of 5.25.

Ford Dealership leased to Jones Ford selling at a high cap rate. The Dealership was built by Steve Coury and leased to Jones Ford on June 30, 2015. The lease rate is $25,000 a month and has not changed since the inception of the lease. In addition to the lease reserve there is a sales tax rebate in a development agreement that is equal to 1/2 of the city sales collected by the town of Camp Verde. The dealership has 28,490 sq ft of building and is located on 242,490 sq ft of land. The property was Ford approved and was designed to meet Ford Dealership standards in 2006. The building includes a spacious showroom, offices, service center, parts department, waiting rooms restrooms. The lease with Jones renews in June of 2029. All facts and figures to be verified by buyers.

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Commercial Active

Price

$ 5,777,862

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 34,551

Style

Comm/Industry Sale

Lot Size

5.25

Year Built

2007

Town/City

Cottonwood

County/Region

Yavapai

MLS | Web ID

6692613
Features
General
Sewer Septic Tank
Heating Heat Pump
Cooling Central A/C
Roof Rolled/Hot Mop
Zoning C3-2A
Construction Materials Metal Siding Block
Year Built 2007
Electric 440 Volts 220 Volts APS
Township 31
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 25000.0
Business Type Retail Automobile
County Yavapai
Net Operating Income 478658.0
Operating Expense 34551.0
Property Type Comm/Industry Sale
Attached Garage N
Subdivision Name none
Building Features Conference Room Reception Room Showroom Kitchen Computer Room Display Window(s)
Status Active
Directions From the Junction of Interstate 17 and AZ State Route 260 travel west on 260 for 7.3 miles. Jones Ford Auto Dealership is on the left.
City Cottonwood
Buyer Agent Compensation 2.25
Disclosures Other (See Remarks) None
View Y/N N
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 228690.0
Carport Y/N N
Street Name Coury
Tax Annual Amount 34551.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 46
Structure Type Commercial
Standard Status Active
Occupancy Type Tenant
Tax Lot 0
Cap Rate 8.28
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community N
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Interior
Flooring Carpet Ceramic Tile Vinyl
Street Suffix Drive
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing Other
Parking Features Paved Parking Public Parking Free
Water Source City Franchise
Total Parking 0.0
Lot Size Area 228690.0
Number of Buildings 1
Spa N
Lot Size Acres 5.25
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5980
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* Excluded Features
List By
Berkshire Hathaway Homeservices Arizona Properties

Broker

sqftage@gmail.com

Email

Affordability Calculator

$41,281
Per Month
93%
7%
0%
Monthly Principal & Interest
$38,401
Monthly Property Taxes
$2,879
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
260072 Elementary School
263420 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/17/2024$5,777,862 Listed Price

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5980 E Coury Drive, Cottonwood, AZ, 86326 is a Commercial Property for sale at $5,777,862 with 28,468 sqft and a lot size of 5.25. 5980 E Coury Drive is a studio with 0.0 baths and was built in 2007. The property's zip code is 86326 which is in Cottonwood, AZ

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