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Northern Arizona's Commercial Property Experts

Prime Development Lots

Project Description


This rare opportunity affords a developer a downtown location in Prescott, Arizona on one of the most traveled arteries in the trade area.

The Property

This property is comprised of seven (7) contiguous parcels totaling one acre. Located at the traffic controlled intersection of Montezuma and Merritt Streets, the property is perfect for retail, medical, drive through, restaurant and office.

The property can be developed into a small retail or office strip center or multi-building income producing investment.

An extremely high percentage of local residents travel the Montezuma Street corridor daily and the property is just minutes from Prescott’s famous Whiskey Row and the Courthouse Square.


The Market

Prescott is one of Arizona’s most sought after locations in the State and specialized retail, medical and business establishments are making the community their choice for business.

The community’s downtown square is home to dozens of local events throughout the year. Hundreds of thousands of tourists and local residents find their way to Whiskey Row and the courthouse square. The Prescott, Arizona downtown square is home to countless parades, art fairs, rodeos, holiday and sporting events are all centralized at the Prescott courthouse square.

Finding buildable property within the core market is difficult as in-fill lots are being absorbed at a quickening pace.


Terms and Conditions for Aquisition

The Owner of the property has indicated a willingness to consider creative acquisition models, such as:

  • Seller Carry Back Financing
  • Short Term Joint Ventures
  • Beneficial Partnership Structures
  • Cash Out, Cash to New Loan
  • Option Sale with Structured Take Out

Of course, the objective of the Owner is to sell the property at a negotiated market value.

If you are considering building long-term value through ownership of prime commercial real estate in Prescott, Arizona, this is an opportunity for your new business location, coupled with additional investment income potential.


Call Donald Teel for additional information: (928) 777-8100


Project Details

  • Date March 22, 2017
  • Tags Land

Our Business Scope

cpna-star-75-50.fwCPNA is a full service commercial real estate company specializing in property management, investment strategies (selling and buying), leasing and development.

We can help you invest, divest, manage and develop a commercial property.

Please click here to contact us or, if you prefer, call us at (928) 445-7000.

Medical Space & Projects

jt-75-75-framed.fwThe Medical market continues to grow with the aging population of the U.S. and Prescott medical space is available for physicians and groups.

CPNA can assist you and your medical team with locating a suitable site to build your office or, we can help you locate lease space for medical office use.

    CONTACT US: (928) 445-7000

Land, Lots & Acreage

cpna-star-75-50.fwCPNACPNA has a full range of land options for commercial projects.

Let our team help you with locating the best commercial land location and we will even help you with creating a cost budget for construction and locating the appropriate financing. We believe It is time to invest in land.

CALL (928) 445-7000

Retail & Office Properties

dst-75-75-framed.fwCPNA specializes in retail sales, leasing and property management.

Our current centers include the Prescott Gateway Mall and Willow Creek Village.

We have properties available for lease and sale including medical, office, industrial, restaurants, land and more.

Call CPNA (928) 445-7000

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