Address
6245 E CAVE CREEK Road, Cave Creek, AZ
Price
$ 13,500,000
Property Attributes
  • ID#6651112
  • TypeCommercial
  • CountyMARICOPA
  • CityCave Creek
  • Zip85331
  • StyleComm/Industry Sale
  • Year Built1971
  • Taxes$ 17867
  • Price$ 13,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16353
  • Lot Size6.02 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Frontier Town, a prime 6.02-acre property spanning three parcels in the charming town of Cave Creek, AZ is zoned TCC (Town Commercial Core), offering flexibility in use and specialty. Under the same ownership since 1971, Frontier Town has been a cornerstone of community life, hosting over a dozen retail tenants offering a diverse array of goods. It is a canvas for redevelopment, presenting a blank slate for your vision. Hooked to city water and sewer, SW gas and APS electric, it has 110, 220, & 3-phase so ''power galore''. Strategically situated with 151 feet of frontage to Cave Creek Rd., Frontier Town enjoys proximity to notable destinations like the CIVANA Wellness Resort and Spa & the prestigious Desert Mountain Golf Club. The surrounding trade area is a retail haven, featuring major brands like Fry's Marketplace, Home Depot, Lowe's, CVS, Walmart, Auto Zone, Big O Tires, Burger King. Additional retail brands include the following: Chipotle, Dunn-Edwards Paint, Dutch Bros, Firehouse Subs, Jiffy Lube, Mod Pizza, Sprouts Farmer's Market, Starbucks, Tractor Supply, and many others. Within a 10-minute radius resides the two-year old 31,500 SF Abrazo micro-hospital, reflecting a commitment to health and well-being in the community. As the area experiences new construction, high-end single-family residential communities and condos catering to diverse lifestyles, Frontier Town stands as prime opportunity for redevelopment. Entrepreneurs, developers, and visionaries alike are invited to transform its legacy and contribute to the vibrant narrative of Cave Creek's future.

Price History
1/16/2024 Listed $13,500,000

General Features

Sewer Sewer-In & Connected,Sewer - Available,Septic in & Cnctd,Public Sewer,Septic Tank
Heating Other,See Remarks,Heat Pump,Electric
Cooling See Remarks,Other,Heat Pump,Roof Turbine(s),Office A/C,Wall/Window Unit(s)
Roof See Remarks,Composition,Built-Up,Foam,Metal
Zoning Com Core & Buff
Construction Materials Frame - Wood,Stucco,Metal Siding,Block,Brick,Ducts Professionally Air-Sealed
Year Built 1971
Electric 220 Volts,3 Phase Power,Individual Meter,APS
Township 6N
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 0.0
Business Type Other,See Remarks,Bar,Food Service,Retail,Warehouse,Office,Restaurant,Retail PAD
County Maricopa
Net Operating Income 353013.06
Operating Expense 17867.0
Property Type Comm/Industry Sale
Attached Garage No
Building Features Conference Room,Reception Room,Kitchen,Skylight(s)
Status Active
Directions South side of Cave Creek Rd. In downtown Cave Creek. Approx. 150 yards west of School House Rd.
City Cave Creek
Buyer Agent Compensation 2.00
Disclosures Boundary Survey Avlb,None,Ada Compliance Rpt
View Y/N No
Open Parking Spaces 400.0
Lot Size Square Feet 262362.0
Carport Y/N No
Street Name CAVE CREEK
Tax Annual Amount 17867.0
Current Financing Not Applicable
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 123
Structure Type Other (See Remarks),Commercial,Office,Distribution/Warehse
Standard Status Active
Occupancy Type Tenant
Cap Rate 2.61
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community No

Interior Features

Flooring Other,Carpet,Ceramic Tile,Stone,Wood,Concrete
Street Suffix Road
Electric On Property Y/N No

Exterior Features

Fencing Other,See Remarks,Block,Chain Link,Partial,Wood
Parking Features Other (See Remarks),Paved Parking,Private Parking,Free
Water Source Other,See Remarks,City Franchise,Domestic Well,Wtr Rghts Grndfthrd,Individual Meter
Total Parking 400.0
Lot Size Area 262362.0
Number of Buildings 12
Spa No
Lot Dimensions Par1) 85,813; Par 2) 58,806; Par 3) 117,743
Lot Size Acres 6.02
Road Surface Type Asphalt,Treated,Dedicated Street
Lot Size Units Square Feet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 85331

Price
AVG $4.36M
$13.5M
Taxes
AVG $6,369
$17,867
Visits
AVG 96
86
Data Provided by Inside Real Estate®
Year Built
AVG 1994
1971