Estimated payment $3,453/month
Highlights
- Wood Flooring
- Security Fence
- Multiple Heating Units
- Ducts Professionally Air-Sealed
About This Home
Located in the heart of historic Globe, Arizona, just one block from the highway on Oak and Pine Streets, this 7,924 sq ft mixed-use property offers exceptional potential for investors. Currently home to four diverse storefronts - including a dentist's office, tattoo parlor, beauty salon, and AA recovery center - the property generates a rental income of $59,692. Additionally, it features two fully operational AirBnB units, with the possibility to add three more for even greater return potential. With an attractive 9.38% cap rate, this property is a prime opportunity for investors seeking strong, stable returns. Don't miss your chance to own a piece of Globe's vibrant commercial district! OWNER MAY CARRY!
Property Details
Property Type
- Other
Est. Annual Taxes
- $2,533
Year Built
- Built in 1950
Lot Details
- 0.28 Acre Lot
- Property fronts an alley
- Security Fence
- Property is zoned Commercial
Home Design
- 7,924 Sq Ft Home
- Composition Roof
- Block Exterior
Flooring
- Wood
- Vinyl
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
- Public Parking
- Free Parking
Utilities
- Ducts Professionally Air-Sealed
- Cooling System Mounted To A Wall/Window
- Central Air
- Multiple Heating Units
- Heat Pump System
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 208-03-202
Community Details
Overview
- 2 Buildings
- Globe Townsite Subdivision
Building Details
- Operating Expense $12,133
- Gross Income $71,880
- Net Operating Income $59,692
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,533 | -- | -- | -- |
| 2024 | $2,533 | $43,574 | $1,919 | $41,655 |
| 2023 | $2,533 | $37,990 | $2,050 | $35,940 |
| 2022 | $2,556 | $29,694 | $2,050 | $27,644 |
| 2021 | $2,684 | $29,694 | $2,050 | $27,644 |
| 2020 | $2,512 | $0 | $0 | $0 |
| 2019 | $2,476 | $0 | $0 | $0 |
| 2018 | $2,389 | $0 | $0 | $0 |
| 2017 | $2,322 | $0 | $0 | $0 |
| 2016 | $2,073 | $0 | $0 | $0 |
| 2015 | $2,033 | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Price Changed | $595,000 | -0.7% | $75 / Sq Ft |
| 06/20/2025 06/20/25 | Price Changed | $599,000 | -3.4% | $76 / Sq Ft |
| 05/19/2025 05/19/25 | For Sale | $620,000 | -- | $78 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $77,979 | Pioneer Title Agency Inc |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6868396
APN: 208-03-202
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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