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Home > 199 S CANDY Lane, Cottonwood, AZ 86326 (MLS# 6924394)

199 S CANDY Lane, Cottonwood, AZ 86326

$2,950,000
Property Type: Comm/Industry Sale Square Footage: 10,352 Lot Size (sq. ft.): 42,352 Status: Active
Current Price: $2,950,000 List Date: 9/25/2025 Last Modified: 10/14/2025

Description

The Cottonwood Medical Building is a fully leased, purpose built, multi-tenant medical office building located on a prime lot adjacent to the Verde Valley Medical Center. Excellent condition. Seasoned tenants. Designed by distinguished architect Howard A. Perlman, AIA and constructed by Terry Wiggins Construction. See Offering Memorandum in Documents Tab. Due Diligence Package Available from Co-Listing Agent.

More Information MLS# 6924394

Contract Info

Ownership: Fee Simple Current Price: $2,950,000 List Price: $2,950,000 Status: Active List Date: 2025-09-25

Location, Tax & Legal

Assessor's Map #: 33 Legal Description (Abbrev): AN IRREG PCL,THE SW COR BEING THE INTERSECTION OF THE SW LINE OF MOUNTAIN TERRACE PROFESSIONAL OFFIC Assessor's Parcel #: 131 Assessor Parcel Ltr: J Add'l Parcels: No Tax Municipality: Cottonwood Census Tract: 2001 Taxes: 10365 Legal: See ALTA Survey or Title Commitment. Marketing Name: Cottonwood Medical Build House Number: 199 Compass: S Street Name: CANDY St Suffix: Lane City/Town Code: Cottonwood State/Province: AZ Zip Code: 86326 Zip4: 4183 County Code: Yavapai Subdivision: Metes & Bounds Assessor Number: 406-33-131-J Tax Year: 2024

General Property Description

Type of Property: Medical Office Building Ttl Apx SqFt Bldg: 10352 # of Buildings: 1 Uncvrd Parking Spcs: 38 Stories: 1 Lot Size Dimensions: 43,124 Flood Zone: No Volts/Amps: 1000 Year Built: 1990 Zoning: PAD

Currently Not Used

Sold Price Per SqFt: 284.97

Legal Info

Range: 3E Section: 33 Township: 16 Lot Number: See Legal

Construction

Brick: 1 Stucco: 1 Wood Frame: 1

Roofing

Tile: 1 Foam: 1

Floors

Vinyl: 1 Carpet: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 10365 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 193836

Building Type

Office: 1

Business Type

Medical: 1

Pmt & Rate Info

Cap Rate: 5.07 Equity: 2950000 Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

Heat Pump: 1 Natural Gas: 1

Cooling

Central Air: 1

Interior Features

Finished: 1 Security System: 1 Private Restrooms: 1 Public Restrooms: 1

Loading Facilities

None: 1

Road Access Type

Dedicated Street: 1

Road Surface Type

Asphalt: 1

Exterior

Sprinkler System-Ground: 1 Landscaping: 1 Monument Sign: 1

Source of Fincl Data

Owner: 1 Accountant: 1 Projected Proforma: 1 Tax Return: 1

Fencing

None: 1

Water Source

City Franchise: 1 Individual Meter: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1 Parking Lot: 1 Paved: 1

Electric

APS: 1 Underground: 1 3 Phase Power: 1

Gas

Individual Meter: 1 Unisource: 1

New Financing

Cash Only: 1

Existing 1st Loan

Treat as Free&Clear: 1

Use Restrictions

Currently Leased: 1

Reports/Disclosures

Seller Prop Disc Stm: 1 ALTA Survey Availbl: 1 Vicinity of an Airport: 1

Environmental

Phase I Available: 1

Remarks Misc

Cross Street: 89A & S Candy Lane Directions: Highly visible lot adjacent to the Verde Valley Medical Center. Geo Lat: 34.736602 Geo Lon: -112.031403

Income Expenses

Gross Annual Sch Inc: 193836 Net Operating Income: 149637

Property Features

Building Type: Office Business Type: Medical Construction: Stucco; Wood Frame; Brick Roofing: Tile; Foam Floors: Vinyl; Carpet Ceiling Height: 8.1 Feet to 10 Feet Heating: Natural Gas; Heat Pump Cooling: Central Air Loading Facilities: None Interior Features: Finished; Security System; Private Restrooms; Public Restrooms Exterior: Sprinkler System-Ground; Landscaping; Monument Sign Fencing: None Parking Features: Free; Parking Lot; Paved Road Access Type: Dedicated Street Electric: APS; Underground; 3 Phase Power Gas: Individual Meter; Unisource Water Source: City Franchise; Individual Meter Sewer: Sewer - Public New Financing: Cash Only Showing Notification Methods: Phone Call Lockbox Type: None Source of Fincl Data: Owner; Accountant; Projected Proforma; Tax Return Existing 1st Loan: Treat as Free&Clear Road Surface Type: Asphalt Use Restrictions: Currently Leased Environmental: Phase I Available
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
IDX
Last Updated: October - 14 - 2025
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