1220 S Eastern Drive, Cornville, AZ 86325 (MLS# 6933075)

Contract Info

Ownership: Fee Simple Current Price: $3,958,000 Sold Price: $3,958,000 Status: Closed List Date: 2025-10-13

Location, Tax & Legal

Assessor's Map #: 4 Assessor's Parcel #: 27 Add'l Parcels: No Tax Municipality: Yavapai - COUNTY Taxes: 17310 Tax District: 0620 Legal: See Semi-Private Remarks Marketing Name: Shell Gas Station House Number: 1220 Compass: S Street Name: Eastern St Suffix: Drive City/Town Code: Cornville State/Province: AZ Zip Code: 86325 Country: US County Code: Yavapai Subdivision: NA Assessor Number: 407-04-027 Tax Year: 2025

General Property Description

Type of Property: Gas Station, Restaurant Ttl Apx SqFt Bldg: 10803 # of Buildings: 1 Uncvrd Parking Spcs: 56 Stories: 2 # of Interior Levels: 2 Flood Zone: No Year Built: 2013 Zoning: C2-10

Currently Not Used

Sold Price Per SqFt: 366.38

Legal Info

Range: 4E Section: 11 Township: 15N Lot Number: NA

Construction

Stucco: 1 Wood Frame: 1

Roofing

Tile: 1 Foam: 1

Floors

Concrete: 1

Bay Info

# of Bays: 3 # of Bay Doors: 3

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Other Income: 0 Vacancy Allowance: 0.1 Adjusted Gross Inc: 588033.9

Building Type

Commercial: 1

Business Type

Mixed: 1 Service Business: 1 Restaurant: 1 Fast Food: 1 Medical: 1 Retail: 1 Food Service: 1

Pmt & Rate Info

Cap Rate: 12 Equity: 3958000 Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

Forced Air: 1 Propane: 1

Cooling

Central Air: 1

Interior Features

Fire Sprinklers: 1 Phone Available: 1 Public Restrooms: 1

Loading Facilities

None: 1

Road Access Type

County Road: 1

Exterior

Corner Lot: 1 Landscaping: 1 Curb(s) & Gutter(s): 1 Building Sign: 1

Source of Fincl Data

Owner: 1 Books Shown: 1

Road Responsibility

County Maintained Road: 1

Traffic Count

5,001 to 15,000: 1

Fencing

Partial: 1

Water Source

Domestic Well: 1

Freeway/Highway

2.1 - 5 Miles: 1

Building Features

Kitchen: 1

Sewer

Septic Tank: 1

Parking Features

Free: 1 Parking Lot: 1 Paved: 1 Off Street: 1

Electric

APS: 1

Gas

Propane Bottled: 1

New Financing

Cash to Loan: 1 1031 Exchange: 1

Special

Unincorporated Area: 1

Use Restrictions

Currently Leased: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

Phase I Available: 1

Sold Info

Loan Type: Cash to Loan Loan Years: 15 Payment Type: Fixed Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 7700 Seller Concession $/%: $

Remarks Misc

Cross Street: Page Springs Rd Geo Lat: 34.71684 Geo Lon: -111.900499

Status Change Info

Off Market Date: 2026-05-18 Under Contract Date: 2026-02-17 Close of Escrow Date: 2026-05-22 Sold Price: $3,958,000

Income Expenses

Gross Annual Sch Inc: 653371 Net Operating Income: 475000

Property Features

Building Type: Commercial Business Type: Mixed; Service Business; Restaurant; Fast Food; Medical; Retail; Food Service Construction: Stucco; Wood Frame Roofing: Tile; Foam Floors: Concrete Ceiling Height: 8.1 Feet to 10 Feet Heating: Forced Air; Propane Cooling: Central Air Loading Facilities: None Interior Features: Fire Sprinklers; Phone Available; Public Restrooms Exterior: Corner Lot; Landscaping; Curb(s) & Gutter(s); Building Sign Fencing: Partial Building Features: Kitchen Parking Features: Free; Parking Lot; Paved; Off Street Road Access Type: County Road Road Responsibility: County Maintained Road Electric: APS Gas: Propane Bottled Water Source: Domestic Well Sewer: Septic Tank New Financing: Cash to Loan; 1031 Exchange Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Special: Unincorporated Area Source of Fincl Data: Owner; Books Shown Traffic Count: 5,001 to 15,000 Use Restrictions: Currently Leased Environmental: Phase I Available