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Commercial sold for $1,200,000 in 23 days

611 Miller Valley Rd Prescott, AZ, 86301

Neighborhood: Commercial Only

Off the market Commercial

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On the Market for the first time in 49 years! This 7-unit multi-tenant shopping center is a perfect addition to your portfolio. The property is 100% occupied by 6 separate tenants, new roof in February of 2022, 33 parking spaces, zoned business general, and offers great exposure along Miller Valley Road. There are a lot of upsides in increasing under market base rents, adding NNN's to the gross leases, and renegotiating month to month leases. Current financials and pro-forma available with a signed NDA.
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Property details

1982 year built
Price per sqft
$108/sqft
Address
611 Miller Valley Rd, Prescott, AZ, 86301
City of Arizona
Prescott
County
Yavapai
Year Built
1982
Neighborhood
Commercial Only
District
Out Of Area

Nearby major retailers

Costco
Walmart Supercenter
Lowe's
Whole Foods Market
Safeway
Trader Joe's
Wholesale: 2
Supermarket: 5
Do it yourself: 1
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Interior Features

Carpet, Concrete, Tile floors
Baths
None
Floor Covering
Carpet, Concrete, Tile
Amenities
Refrigeration/Centrl, Handicap Access

Listed by

Matt Fish, Better Homes and Gardens Real Estate Bloomtree Realty
Name
Matt Fish
Brokerage company
Better Homes and Gardens Real Estate Bloomtree Realty
MLS #
529198

Buyer agent

Name
Matt Fish
Brokerage company
Better Homes and Gardens Real Estate Bloomtree Realty

Payment calculator

Calculate your monthly payments
Mortgage
$3,685
Taxes
$0
HOA dues
$0
$3,685 per month
Mortgage
$240,000 / 20%
2.28%
30 years
Your amount $3,685 / month

Exterior Features

Block, Brick, Frame - Wood construction and more
Construction
Block, Brick, Frame - Wood
Pool
No

Lot details

TMK #11307012
Parcel nr.
11307012

Commercial Only neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in Commercial Only

16%
Families with children
National average: 39%
26%
Non family households
81,448
Population
$92,564
Average Income

Age & gender

Median age 59 years
More info

Commute types

81% commute by car
More info

Education level

22% have bachelor education
More info

Number of employees

7% work in education and healthcare
More info

Vehicles available

41% have 2 vehicle
More info

Vehicles by gender

41% have 2 vehicle
More info

Housing market insights for

$371.8k
Neighborhood average
sales price*
$477k
Neighborhood median
sales price*
5
Number
of sales*

Housing type

72% are single detacheds
More info

Rooms

36% of the houses have 4 or 5 rooms
More info

Bedrooms

74% have 2 or 3 bedrooms
More info

Owners vs Renters

72% are owners
More info
8.5 / 20
Below Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Schools

15 schools with rating up to 6
School rating Distance
NR
Sacred Heart Preschool
150 Fleury Street, Prescott, AZ 86301
Elementary School
0.666mi
NR
Sacred Heart Preschool
150 Fleury Street, Prescott, AZ 86301
Middle School
0.666mi
4
out of 10
Northpoint Expeditionary Learning Academy
551 First St, Prescott, AZ 86301
High School
0.468mi
School rating Distance
NR
Sacred Heart Preschool
150 Fleury Street, Prescott, AZ 86301
0.666mi
NR
Sacred Heart School
131 North Summit Avenue, Prescott, AZ 86301
0.699mi
5
out of 10
Lincoln Elementary School
201 Park Ave, Prescott, AZ 86303
0.835mi
NR
Christian Academy Of Prescott
148 South Marina Street, Prescott, AZ 86303
1.055mi
NR
Mountain Oak Charter School
1455 Willow Creek Road, Prescott, AZ 86301
1.165mi
School rating Distance
NR
Sacred Heart Preschool
150 Fleury Street, Prescott, AZ 86301
0.666mi
NR
Sacred Heart School
131 North Summit Avenue, Prescott, AZ 86301
0.699mi
NR
Christian Academy Of Prescott
148 South Marina Street, Prescott, AZ 86303
1.055mi
5
out of 10
Prescott Mile High Middle School
300 South Granite St, Prescott, AZ 86303
1.077mi
NR
Mountain Oak Charter School
1455 Willow Creek Road, Prescott, AZ 86301
1.165mi
School rating Distance
4
out of 10
Northpoint Expeditionary Learning Academy
551 First St, Prescott, AZ 86301
0.468mi
6
out of 10
Prescott High School
1050 North Ruth St, Prescott, AZ 86301
0.702mi
NR
Mijted - Prescott High School
1050 Ruth St, Prescott, AZ 86301
0.708mi
2
out of 10
Kestrel High School
325 North Washington Ave, Prescott, AZ 86301
1.167mi
NR
Mijted - Mountain Institute Central Campus
320 West Aubrey, Prescott, AZ 86303
1.176mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Mar 31, 2022

Commercial Only Median sales price 2024

Bedrooms Med. price % of listings
No data for selected period
Date Event Price $/sqft Source
Mar 31, 2022 Sold $1,200,000 108.97 Public Record
Mar 31, 2022 Price Decrease $1,200,000 -14.29% 108.97 MLS #529198
Mar 9, 2022 New Listing $1,400,000 127.13 MLS #529198

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Frequently Asked Questions about 611 Miller Valley Rd

What is 611 Miller Valley Rd?

611 Miller Valley Rd is a Commercial/Industrial property.

What is the rental income?

-

What is the full address of this Commercial?

611 Miller Valley Rd, Prescott, AZ, 86301.

What comparable properties are nearby?

Comparable nearby commercial properties include 823 E Sheldon St, 1151 E State Route 89a, 767 N Main St, 704 S Main St, 415 S Main St, 517 N 12th St.

MLS Disclaimer: Copyright 2024 Sedona Verde Valley Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. Listing courtesy of Better Homes and Gardens Real Estate Bloomtree Realty.
Listing last updated on: Oct 28, 2022
Verhouse Last checked 5 minutes ago


The closest grocery stores are Fry's Food Store, 0.23 miles away and Fry's Food Store, 0.23 miles away.
The Commercial Only neighborhood has a population of 81,448, and 16% of the families have children. The median age is 59.36 years and 81% commute by car. The most popular housing type is "single detached" and 72% is owner.
Commercial Sold $1.2m 611 Miller Valley Rd, Prescott, AZ, 86301 Save House Remove from Saved