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10000 E University Dr
Prescott Valley, AZ 86314
10000 E University Drive · Office Property For Sale
Executive Summary
Property Description
Offered for sale is this fully entitled, shovel ready Senior Living project ideally located in Prescott Valley AZ. The project is anchored around the existing 54,500 SF, 3-story former university building that will serve as the community center. The existing building can facilitate community activities and accommodate uses including memory care facilities, caf? and restaurant, sports and fitness, as well as senior memory care apartments. The Senior Living community is approved for either a 55 and overactive adult community or a full Continuing Care Retirement Community (CCRC).
The site has been approved for 259 residential units with a mixture of Apartments, single family cottages, and townhomes as well as potential for multiple restaurants, pickleball and tennis, and other amenities. This Senior Living enclave will be at the center of a possible larger adjacent development that will have potentially 2000 new single-family homes as well as commercial locations.
Location Description
The site is positioned in the center of the town of Prescott Valley with easy access from both major arterial highways serving the community. Additionally, the property provides spectacular mountain views and is less than 2 miles from the primary retail center of Prescott Valley offering an entertainment center, Hospital, restaurants, Banks, Offices, and some of the best shopping in Yavapai County as well as multiple outdoor recreational activities in the nearby area.
Highlights
19,476 SF office building
Prime Prescott Valley location
Modern and well-maintained
Attractive investment opportunity
Highly desirable for office use
Proximity to amenities and services
Spacious and flexible floor plan
Ample parking for employees and visitors
Offered for sale is this fully entitled, shovel ready Senior Living project ideally located in Prescott Valley AZ. The project is anchored around the existing 54,500 SF, 3-story former university building that will serve as the community center. The existing building can facilitate community activities and accommodate uses including memory care facilities, caf? and restaurant, sports and fitness, as well as senior memory care apartments. The Senior Living community is approved for either a 55 and overactive adult community or a full Continuing Care Retirement Community (CCRC).
The site has been approved for 259 residential units with a mixture of Apartments, single family cottages, and townhomes as well as potential for multiple restaurants, pickleball and tennis, and other amenities. This Senior Living enclave will be at the center of a possible larger adjacent development that will have potentially 2000 new single-family homes as well as commercial locations.
Location Description
The site is positioned in the center of the town of Prescott Valley with easy access from both major arterial highways serving the community. Additionally, the property provides spectacular mountain views and is less than 2 miles from the primary retail center of Prescott Valley offering an entertainment center, Hospital, restaurants, Banks, Offices, and some of the best shopping in Yavapai County as well as multiple outdoor recreational activities in the nearby area.
Highlights
19,476 SF office building
Prime Prescott Valley location
Modern and well-maintained
Attractive investment opportunity
Highly desirable for office use
Proximity to amenities and services
Spacious and flexible floor plan
Ample parking for employees and visitors
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
54,552 SF
Building Class
B
Year Built
2005
Price
$20,526,000 CAD
Price Per SF
$376.26 CAD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
19,476 SF
Building FAR
0.03
Lot Size
49.31 AC
Zoning
PL
Parking
205 Spaces (3.76 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Courtyard
- Fenced Lot
- Fireplace
- Fitness Center
- Security System
- Air Conditioning
- Balcony
- Raised Floor System
Property Taxes
| Parcel Number | 402-14-239B | Improvements Assessment | $15,645,234 CAD |
| Land Assessment | $1,298,797 CAD | Total Assessment | $16,944,031 CAD |
Property Taxes
Parcel Number
402-14-239B
Land Assessment
$1,298,797 CAD
Improvements Assessment
$15,645,234 CAD
Total Assessment
$16,944,031 CAD
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