UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Cottonwood Cove
MLS Listing ID 7080084
Year Built 2009
Annual Tax Amount $3,075
Tax Year 2025
Lot Size 9,492 Sqft
Acres 0.22
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
1765 E Villa Dr is a stabilized, 100% occupied 2,365 SF C-1 commercial investment in Cottonwood's established medical and professional corridor, offered at $599,000.
CURRENT OPERATIONS
Suite A rent: $2,600/mo ($31,200/yr) - long-term lease in place
Suite B rent: $1,000/mo ($12,000/yr) - leased through 12/31/2026
Current gross income: $3,600/mo ($43,200/yr)
Estimated current NOI: approximately $29,964
Current cap rate at $599,000: approximately 5.0%
PRO FORMA / PROJECTED INCOME
Suite A rent: $2,600/mo ($31,200/yr)
Suite B market/projected rent: $1,500/mo ($18,000/yr) - based on prior rental history at this rate, achievable upon Suite B's lease expiration
Projected gross income: $4,100/mo ($49,200/yr)
Projected NOI: approximately $35,964
Projected cap rate: approximately 6.0%
Projected figures are estimates only and are not guaranteed. Suite B's $1,500/mo rate reflects a prior rental period at that amount, not a signed current lease; the current tenant's lease runs through 12/31/2026.
SUITE DETAIL
Suite A: 1,832 SF - 6 treatment rooms, reception, lobby, break/utility room, storage/equipment room.
Suite B: 533 SF - bedroom, living room, private bathroom, kitchen/dining area (hot plate, apartment-size refrigerator, air fryer/countertop oven), high-speed internet (tenant expense), private entrance. Leased through 12/31/2026; previously operated as a furnished mid-term rental (e.g., traveling healthcare professionals), consistent with its $1,500/mo rental history.
PROPERTY HIGHLIGHTS
Built 2009 | 9,492 SF lot | Zoned C-1 | 9 parking spaces | ADA-accessible restrooms | Showers | No HOA
WHY IT WORKS
A stabilized two-suite commercial investment with existing cash flow and a documented path to improved NOI. Appeals to commercial investors, owner-investors, 1031 exchange buyers, and local business owners seeking a smaller commercial asset with existing tenants. High-visibility corridor near Hwy 89A with easy access to Cottonwood and the greater Verde Valley trade area.
DISCLAIMER
Financial information is believed to be accurate but is not guaranteed and should be independently verified by the buyer. Projected/pro forma rents, expenses, NOI, and cap rate are estimates only and are not guaranteed. Rent roll, lease documentation, and income/expense detail available upon request to pre-qualified buyers.
Location
State AZ
County Yavapai
Community Cottonwood Cove
Area Yavapai
Zoning C1
Direction North on S. Main St 260 continue straight cross over 89a (Speedway on the Left Taco Bell on the right) it will turn into Cove Parkway continue on cove make the first left onto Villa Dr. first building on the Left
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Carpet
Exterior
Parking Features Parking Lot, Paved, Private
Fence None
Roof Type See Remarks,Rolled/Hot Mop
Private Pool No
Building
Dwelling Type Commercial,Office
Sewer No Sewer/Septic
Water Irrigation, City Franchise, Individual Meter
New Construction No
Others
Senior Community No
Tax ID 406-55-024
Ownership Fee Simple
Disclosures None
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Nearby School & Business
Get More Information
Jason Serikaku
Team Lead | Realtor® SASA659882000
Team Lead | Realtor® SASA659882000