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Commercial sold for $1,750,000 in 451 days

15 Cultural Park Pl Sedona, AZ, 86336

Neighborhood: Under 5 Acres

Off the market Commercial

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Trophy 5,797 sqft., office/retail commercial building (C-1) and 4,448 sqft covered parking structure situated on .598 acres, in American's most beautiful city, Sedona, Arizona! Aside from the incredible red rock views showcased, what is most attractive from a developer's or owner's perspective is the premier location, which is truly the Gateway to Sedona. This 5,797 square foot office/retail building has three separate executive suites, men and women restrooms, outdoor patio, elevator, and covered/ uncovered adequate parking. The two larger suites are on the top floor appreciating the wonderful red rock views with 2,016 SqFt., and 2,479 SqFt, while the smaller suite on the main floor is 401 SqFt respectively along with a 4448 SqFt., covered & uncovered parking with 18 parking spaces... COMMERCIAL OFFICE BUILDING: 15 CULTURAL PARK PLACE, SEDONA (1 PARCEL: 408-11-176A) Developed with a 2-story building constructed of concrete masonry unit (CMU) block surfaced with painted stucco. The ground floor of the building (formerly the Arizona Visitor's Center) is a covered parking lot, and the 2nd floor is subdivided as offices. A detention basin, bank-lined with sandstone rip-rap, is used to capture stormwater runoff from the building's roof. Tallpines performed an environmental study and observed no stained soils or petroleum odors inside the basin. This environmental study can be provided upon request. Over 1,900 SqFt of deck and terrace located at the first signaled intersection on the West side of Sedona. New roof and terrace surfaces in 2015. Elevator and fire sprinkler system. Zoning is C-1. This building was designed by Steve Thompson, and truly a property to be proud of. Property is currently vacant. Alta Survey, topographic survey, and Phase 1 available upon request. The Commercial Building at 15 Cultural Park Place, Parcel 408-11-176A, is located at the main entry to the Cultural Park at the intersection of West Sedona Route 89A and Cultural Park Place. At the intersection of 89A, there is a Marriott Courtyard and Residence Inn (being built), Yavapai College, Sedona Red Rock High School & the Sedona Performing Arts Center, and Diamond Resort Timeshare. This commercial building shall be sold WITH its adjoining 40-acre vacant land (10 Parcels), known as the "CULTURAL PARK", which is listed separately as "VACANT LAND" at $19,900,000, unless a buyer or developer refuses to purchase the building in conjunction with the vacant land. This land is one of two of the largest undeveloped properties left in and around Sedona. Approved for the property are outlined in the Sedona Community Plan update for the Western Gateway Community Focus Area (CFA) and this Plan serves as a guide intended for use by both public and private entities and is not a regulatory document for future development of this beautiful land and can be provided upon request. Potential uses including housing, lodging, wellness village, center of innovation, conference center, food service, retail, and other commercial uses. Listing agents recently met with the City of Sedona and the City is in favor and supports development of the 40+ acres of vacant land, including residential housing, depending on the overall plan design. CULTURAL PARK SOLD TOGETHER WITH COMMERCIAL BUILDING - LIST PRICE: $19,900,000 | 40.9 ACRES + 9 PARCELS - SEE ATTACHED SUPPLEMENTAL INFO IN REAL ESTATE MLS DOCUMENTS - DRONE VIDEO COMING SOON! The Sedona Cultural Park property consists of approximately 40.9 acres located in America's most beautiful city, Sedona, AZ. The premier location of the Cultural Park is truly the Gateway to West Sedona with unparalleled red rocks vistas, panoramic views, and sits against US Forest Service land on the west and north property boundaries. The property is accessed from Highway 89A & Cultural Park Place & Arts Village Drive. The Cultural Park is one of two of the largest undeveloped properties left in and around Sedona. Potential uses include housing, lodging, wellness village, center of innovation, conference center, food service, retail and other commercial uses. Examples of approved uses for the property serve as a guide and are outlined in the Sedona Community Plan update for the Western Gateway Community Focus Area City of Sedona (provided upon request). The City of Sedona would need to approve rezoning & land use. Property Includes: Unpaved Parking Lots; Georgia Frontiere Performing Arts Pavilion, Stage & 5,500 Seats; Maintenance Warehouse. Alta & Topographic Survey's and Phase 1 available upon request. The 40.9 acres of vacant land at the Park is $19,900,000. DEVELOPERS & INVESTORS: Envision The Sedona Western Gateway Mixed Use Community Plan & Develop An Innovative, Walkable, Live, Work, Relax, Shop, Eat, Wellness, Performing Arts, Trails, Open Space Environment That Fulfills A Significant Number Of Needs For The Sedona Community & Offer The City Of Sedona & A Transportation Hub Station With Parking To Potentially Transport Thousands Around Sedona Alleviating Traffic Concerns The Residents Discuss. This is the LAST largest piece of land in Sedona that has the potential for an exceptional development!
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Property details

2000 year built
Price per sqft
$301/sqft
Address
15 Cultural Park Pl, Sedona, AZ, 86336
City of Arizona
Sedona
County
Yavapai
Year Built
2000
Neighborhood
Under 5 Acres
District
Rr Loop/outlying

Nearby major retailers

Safeway
Whole Foods Market
Supermarket: 2
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Interior Features

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

Listed by

Edward Pennington, Russ Lyon Sotheby's Intl Rlty
Name
Edward Pennington
License number
SA021068000
Brokerage company
Russ Lyon Sotheby's Intl Rlty
MLS #
521656

Buyer agent

Name
Robin Non-member
Brokerage company
Non-Member Office
(928) 282-5409

Payment calculator

Calculate your monthly payments
Mortgage
$5,373
Taxes
$0
HOA dues
$0
$5,373 per month
Mortgage
$350,000 / 20%
2.28%
30 years
Your amount $5,373 / month

Exterior Features

Block, Stucco construction and more
Construction
Block, Stucco
Pool
No

Lot details

TMK #40811176a
Parcel nr.
40811176a

Under 5 Acres neighborhood info

Essentials nearby
Neighborhood stats
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
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no data
Local airport
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no data

People living in Under 5 Acres

19%
Families with children
National average: 39%
35%
Non family households
17,019
Population
$100,389
Average Income

Age & gender

Median age 59 years
More info

Commute types

66% commute by car
More info

Education level

27% have bachelor education
More info

Number of employees

16% work in management
More info

Vehicles available

46% have 2 vehicle
More info

Vehicles by gender

46% have 2 vehicle
More info

Housing market insights for

$1.03m
Neighborhood average
sales price*
$876.03k
Neighborhood median
sales price*
114
Number
of sales*

Housing type

71% are single detacheds
More info

Rooms

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

Bedrooms

81% have 2 or 3 bedrooms
More info

Owners vs Renters

74% are owners
More info

Schools

15 schools with rating up to 5
School rating Distance
NR
Montezuma School
P.O. Box 428, Cottonwood, AZ 86326
Elementary School
4.939mi
NR
Montezuma School
P.O. Box 428, Cottonwood, AZ 86326
Middle School
4.939mi
NR
Montezuma School
P.O. Box 428, Cottonwood, AZ 86326
High School
4.939mi
School rating Distance
NR
Montezuma School
P.O. Box 428, Cottonwood, AZ 86326
4.939mi
NR
Oak Creek School
11490 Purple Sage, Cornville, AZ 86325
8.651mi
NR
Desert Star Community School
1240 S. Recycler Rd., Cornville, AZ 86325
9.811mi
NR
Verde Valley Seventh-Day Adventist School
Po Box 1810, Cottonwood, AZ 86326
12.792mi
5
out of 10
American Heritage Academy
2030 E. Cherry St., Cottonwood, AZ 86326
12.895mi
School rating Distance
NR
Montezuma School
P.O. Box 428, Cottonwood, AZ 86326
4.939mi
NR
Oak Creek School
11490 Purple Sage, Cornville, AZ 86325
8.651mi
NR
Desert Star Community School
1240 S. Recycler Rd., Cornville, AZ 86325
9.811mi
NR
Verde Valley Seventh-Day Adventist School
Po Box 1810, Cottonwood, AZ 86326
12.792mi
5
out of 10
American Heritage Academy
2030 E. Cherry St., Cottonwood, AZ 86326
12.895mi
School rating Distance
NR
Montezuma School
P.O. Box 428, Cottonwood, AZ 86326
4.939mi
5
out of 10
American Heritage Academy
2030 E. Cherry St., Cottonwood, AZ 86326
12.895mi
NR
Vacte - Clarkdale Jerome School District
830 South Main St, Cottonwood, AZ 86326
13.245mi
NR
Vacte - Valley Academy For Career And Technology E
830 South Main St, Cottonwood, AZ 86326
13.254mi
NR
New Visions Academy
125 South 6th St, Cottonwood, AZ 86326
13.439mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Feb 8, 2021

Under 5 Acres Median sales price 2024

Bedrooms Med. price % of listings
Not specified $407.5k 60%
2 beds $740k 40%
Date Event Price $/sqft Source
Feb 8, 2021 Sold $1,750,000 301.88 Public Record
Feb 8, 2021 Pending $1,750,000 301.88 MLS #521656
Jan 12, 2021 Pending - Take Backup $1,750,000 301.88 MLS #521656
Oct 10, 2020 For sale $1,750,000 301.88 MLS #521656
Sep 23, 2020 Pending - Take Backup $1,750,000 301.88 MLS #521656
Nov 16, 2019 New Listing $1,750,000 +52.17% 301.88 MLS #521656
Oct 5, 2010 Expired $1,150,000 208.79 MLS #120565
Aug 28, 2008 New Listing $1,150,000 208.79 MLS #120565

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Frequently Asked Questions about 15 Cultural Park Pl

What is 15 Cultural Park Pl?

15 Cultural Park Pl is a Commercial/Industrial property.

What is the rental income?

-

What is the full address of this Commercial?

15 Cultural Park Pl, Sedona, AZ, 86336.

What comparable properties are nearby?

Comparable nearby commercial properties include 2115 Mountain Rd, 517 N 12th St, 101 S Main St, 415 S Main St, 767 N Main St, 704 S Main St.

MLS Disclaimer: Copyright 2024 Sedona Verde Valley Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. Listing courtesy of Russ Lyon Sotheby's Intl Rlty.
Listing last updated on: Feb 08, 2021
Verhouse Last checked 3 minutes ago


The closest grocery stores are Safeway, 1.93 miles away and Natural Grocers, 2.22 miles away.
The Under 5 Acres neighborhood has a population of 17,019, and 19% of the families have children. The median age is 59.44 years and 66% commute by car. The most popular housing type is "single detached" and 74% is owner.
Commercial Sold $1.75m 15 Cultural Park Pl, Sedona, AZ, 86336 Save House Remove from Saved