$3,381,958
248 Justin DriveCottonwood, AZ 86326
MLS# 536351

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Property Description6.5% CAP! Excellent investment opportunity! Just east of Cottonwood Airport in the Mingus Industrial Park this 17,645 sq ft industrial building is being offered for sale with a long-term Tenant in place. The building has three 12' tall X 10' wide overhead doors, one grade level dock, one dock high dock with a hydraulic lift system, CMU construction, 5445 sq ft of the building is cold storage, fully fire sprinklered, 18' of clear height, 3-phase power, a 40KW backup generator in case there is ever interruption in the electrical grid, almost the entire parcel is paved other than a retention pond out front, 4 evaporative coolers, and 4 HVAC Units.
Details
Location, Tax & Legal
House Number: 248
Street Name: Justin
St Suffix: Drive
City/Town Code: Cottonwood
State/Province: AZ
Zip Code: 86326
County Code: Yavapai
Subdivision: Mingus Ind Pk
Assessor Number: 40651012e
Tax Year: 2023
General Property Description
Ttl Apx SqFt Bldg: 17645
Year Built: 1999
Zoning: I-2
Remarks & Misc
Directions: from 260 and 89A West on 89A use left 2 lanes to turn onto 89A/Cottonwood. Turn left onto Justin Dr. Make a right and property is on your left.
Geo Lat: 34.73489
Geo Lon: -112.035649
Sold Info
Loan Type: Cash
Contract Info
Current Price: $2,000,000
List Price: $3,381,958
Status: Closed
List Date: 2024-06-08
Status Change Info
Off Market Date: 2024-09-10
Under Contract Date: 2024-09-01
Close of Escrow Date: 2024-09-10
Sold Price: $2,000,000
Property Features
Business Type: Warehouse
Construction: Brick
Roofing: Rolled
Floors: Concrete
Heating: Electric; Other
Cooling: Central Air
Interior Features: Fire Sprinklers; Smoke Detector(s); Phone Available
Exterior: Landscaping
Road Access Type: City Street
Road Responsibility: City Maintained Road
Electric: 3 Phase Power
Gas: Natural Gas
Water Source: City Franchise
Sewer: Sewer - Public; Other
New Financing: Cash Only; 1031 Exchange; Other (See Remarks)
Road Surface Type: Paved
Listing Office: Prescott Commercial Real Estat
Last Updated: July - 18 - 2026
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