$160,000
UNDER CONTRACT

1701 Adams Ave Prescott, AZ 86305

Estimated payment $996/month

Total Views 298
-- Bed
-- Bath
2,642 Sq Ft
$61 Price per Sq Ft

Highlights

  • Popular Property
  • Central Air
  • Heating System Uses Natural Gas
  • Lincoln Elementary School Rated A-
  • Concrete Flooring

About This Home

Welcome to this unique corner property in Forbing Park! Zoned as RESIDENTIAL, this property offers tremendous potential for investors seeking a project to transform into a profitable asset. OR, for those dreaming of a warehouse-style conversion or unique home, this property could be your blank canvas. This property has had a legacy as a well-respected, family owned, fine art foundry with 50+ years' operating history. Using traditional bronze casting process, the foundry has produced in all areas; from mold making, sprucing, metal work, fabrication, to patinas. Finished pieces have ranged from jewelry to sculpture to monuments. Although this is zoned as residential the sellers have a use permit that is permanent and transferable for bronze casting studio in R1L-12 zone. Property offers: Large 2,641sf space, high ceilings, concrete floors, newer HVAC, 1-bathroom, electric, natural gas and septic, hauled water tank (2,600+ gals), Conex storage container. All metal casting equipment to convey. Come see it in person and let your imagination ''RE-CAST'' this property! Property is being sold as-is. Property has well that was capped in 2004. Buyer to verify all information.

Listing Agent

Selena Myles

Coldwell Banker Northland License #SA679268000 Listed on: 10/29/2025

Coldwell Banker Northland

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,913

Year Built

  • Built in 1964

Lot Details

  • 0.34 Acre Lot
  • Chain Link Fence
  • Property is zoned R1L-12

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,642 Sq Ft Home
  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Forbing Park Subdivision
  • Operating Expense $1,913

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 115-06-047

Property Details

Property Type

Other

Est. Annual Taxes

$1,913

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Iron Spring Road & Meadowridge Road
  • Legal Info Range: 2W
  • Property Type: Comm/Industry Sale
  • Zoning: R1L-12
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Stories: 1
  • Year Built: 1964
  • Tax Year: 2025
  • Lot Size Acres: 0.34
  • Subdivision Name: FORBING PARK
  • Structure Type: Other (See Remarks)
  • Roofing:Composition: Yes
  • Special Features: UnderContract
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 2642.0
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

  • Electric: Over 220 Amp, APS
  • Cooling: Central Air
  • Heating: Natural Gas
  • Green Building Features: Other (See Remarks), Physcl Chlgd (SRmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: See Remarks, None
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 15006.0
  • Parcel #: 115-06-047

Multi Family

  • Annual Operating Expense: 1913.0

Tax Info

  • Tax Annual Amount: 1913.0
  • Tax Book Number: 115.00
  • Tax Lot: 1
  • Tax Map Number: 6.00

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2026 $1,880 -- -- --
2024 $1,873 -- -- --
2023 $1,873 $39,849 $23,096 $16,753
2022 $1,861 $20,831 $10,088 $10,743
2021 $1,938 $20,033 $10,088 $9,945
2020 $1,914 $0 $0 $0
2019 $1,872 $0 $0 $0
2018 $1,915 $0 $0 $0
2017 $1,835 $0 $0 $0
2016 $1,815 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2025 10/29/25 For Sale $160,000 -- $61 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6939828

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-06-047