NOT LISTED FOR SALE

Sedona, AZ 86336

Estimated Value: $3,012,992

-- Bed
-- Bath
4,257 Sq Ft
$708/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $2,900,000 $681 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $17,415/month

219 Days on Market

About This Home

As of February 2024

SEE OFFERING MEMORANDUM FOR DETAILS.

Sale leaseback from COE.

Low maintenance income producing property in heart of Sedona.

10 year NNN w/annual base rent increases.

6.0% CAP rate.

Experienced operator w/7 Jay Bird's locations.

Occupied by Jay Bird's Nashville Hot Chicken (only fried chicken concept in Sedona).

3 other owned and operated restaurants in Sedona alone (see OM for details)

30 total restaurants and counting throughout West/Southwest.

High barrier to entry market.

Frontage property w/monument sign.

One of the few drive-thru establishments in town.

Pride of ownership.

Perfect candidate for 1031 exchange.

*Real estate only - business NOT for sale.

Last Agent to Sell the Property

Jack McMahon

McMahon & Miller Commercial License #BR649715000 Listed on: 07/24/2023

Last Buyer's Agent

Jack McMahon

McMahon & Miller Commercial License #BR649715000 Listed on: 07/24/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $19,617

Year Built

  • Built in 2009

Lot Details

  • Property is zoned Commercial

Home Design

  • 4,257 Sq Ft Home
  • Wood Frame Construction
  • Block Exterior
  • Stucco

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Master Water Meter

Community Details

  • Commercial Only Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 40825038f

Property Details

Property Type

Other

Est. Annual Taxes

$19,617

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Number Of Buildings: 1
  • Year Built: 2009
  • Tax Year: 2022
  • Subdivision Name: Commercial Only
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Living Area: 4257.0
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Construction Type: Wood Frame, Stucco, Block
  • Roof: See Remarks
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Utilities

  • Electric: Individual Meter, Master Meter
  • Cooling: Central Air
  • Heating: Natural Gas
  • Green Building Features: Physcl Chlgd (SRmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter, Individual Meter
  • Heating:Natural Gas: Yes
  • Electric Master Meter: Yes

Lot Info

  • Parcel #: 40825038f

Tax Info

  • Tax Annual Amount: 19617.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Feb 22, 2024
Sold by
Fun Properties Llc
Bought by
Frances Tung Piecyk 8-12-2020 Trust and Piecyk
Seller's Agent
Jack McMahon
McMahon & Miller Commercial
Buyer's Agent
Jack McMahon
McMahon & Miller Commercial
List Price
$2,998,800
Sold Price
$2,900,000
Premium/Discount to List
-$98,800
-3.29%
Current Estimated Value
$3,012,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,992
Avg. Annual Appreciation
4.02%

Purchase Details

Listed on
Sep 4, 2019
Closed on
Mar 18, 2021
Sold by
Cc Fast Casual Food Llc
Bought by
Fun Properties Llc
Seller's Agent
Rob Schabatka
RE/MAX Sedona
Buyer's Agent
Jack McMahon
McMahon & Miller Commercial
List Price
$1,850,000
Sold Price
$2,150,000
Premium/Discount to List
$300,000
16.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%

Purchase Details

Listed on
May 9, 2017
Closed on
Oct 12, 2017
Sold by
Swt Arizona Investments Llc
Bought by
Cc Fast Casual Food Llc
Seller's Agent
Ricky Schabatka
RE/MAX Sedona
Buyer's Agent
Rob Schabatka
RE/MAX Sedona
List Price
$2,350,000
Sold Price
$1,450,000
Premium/Discount to List
-$900,000
-38.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%

Purchase Details

Closed on
Aug 14, 2013
Sold by
Sundown Llc
Bought by
Swt Arizona Investments Llc

Purchase Details

Closed on
Nov 6, 2007
Sold by
Naylor Stephen
Bought by
Sundown Llc and Sundown Commerce Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,870,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 1995
Sold by
Bauer Charles F and Bauer Margarita
Bought by
Naylor Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
9.23%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frances Tung Piecyk 8-12-2020 Trust $2,900,000 Stewart Title & Trust Of Phoen
Fun Properties Llc $2,150,000 Stewart Ttl & Tr Of Phoenix
Cc Fast Casual Food Llc $1,450,000 Empire West Title Agency Llc
Swt Arizona Investments Llc $1,015,000 Lawyers Title Of Arizona
Sundown Llc $900,000 Pioneer Title Agency Inc
Naylor Stephen $300,000 Transamerica Title Ins Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sundown Llc $1,870,000
Previous Owner Naylor Stephen $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $2,900,000 -3.3% $681 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
07/24/2023 07/24/23 For Sale $2,998,800 +39.5% $704 / Sq Ft
03/19/2021 03/19/21 Sold $2,150,000 +16.2% $590 / Sq Ft View Prior Sale
03/18/2021 03/18/21 Pending -- -- --
09/04/2019 09/04/19 For Sale $1,850,000 +27.6% $507 / Sq Ft
10/16/2017 10/16/17 Sold $1,450,000 -38.3% $398 / Sq Ft View Prior Sale
09/23/2016 09/23/16 For Sale $2,350,000 -- $645 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

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 $19,351 -- -- --
2024 $19,410 -- -- --
2023 $19,410 $339,262 $135,317 $203,945
2022 $19,617 $286,765 $119,930 $166,835
2021 $20,506 $265,875 $109,027 $156,848
2020 $20,505 $0 $0 $0
2019 $20,308 $0 $0 $0
2018 $19,385 $0 $0 $0
2017 $18,862 $0 $0 $0
2016 $18,612 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jack McMahon

    Seller's Agent in 2024

    Jack McMahon

    McMahon & Miller Commercial

    (928) 224-2709

    6 in this area

    9 Total Sales

    Jack McMahon
    Section Image
  • Rob Schabatka

    Seller's Agent in 2021

    Rob Schabatka

    RE/MAX

    (928) 821-3508

    101 in this area

    205 Total Sales

    Rob Schabatka
    Section Image
  • Ricky Schabatka

    Seller Co-Listing Agent in 2021

    Ricky Schabatka

    RE/MAX

    (928) 282-4166

    95 in this area

    188 Total Sales

    Ricky Schabatka
    Section Image
See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 533643

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-25-038F

Arizona Yavapai County Sedona

86336

This home since 24 July 2023 and is currently estimated at $3,012,992, approximately $707 per square foot. This property was built in 2009. This home is a home located in Yavapai County with nearby schools including West Sedona Elementary School, Sedona Red Rock Junior/Senior High School, and Sedona Charter School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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

Nearby Homes