778 W WICKENBURG Way, Wickenburg AZ 85390
$2,295,000
Brokerage: Ivy Realty(623) 299-4954
1 / 40Home facts
- Price
- $2,295,000
- Status
- Active
- Baths
- 0
- Living area
- 6,182 sq ft
- Lot
- 40,076 sq ft
- Year built
- 1982
- Type
- D
- Pool
- No
- Water
- City Franchise, Master Meter
- Sewer
- Sewer-In & Connected, Public Sewer
- MLS #
- 6980540
Listed by Gerchick Real Estate · 602-688-9279
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
Seller-carry mixed-use investment at 760-778 W Wickenburg Way includes two commercial buildings leased to a national ambulance company on an NNN lease, six 1-bedroom apartments, three parcels and excess land. Five apartments are occupied; one is available for lease-up. Lease runs through 11/30/2028 with 3% annual increases and two 5-year options. Tenant reimburses property taxes and insurance. Seller carry available at 5% interest, 25-year amortization and 5-year term, subject to approval. Qualified Opportunity Zone location. Approx. 6,182 SF on 40,076 SF/0.92 acre. Current income after operating expenses is $121,654 with a 5.30% cap rate. Pro forma income after operating expenses is $147,041 with a 6.41% cap rate.
Features
Roof
Foam
Sewer
Sewer-In & Connected, Public Sewer
Cooling
Ceiling Fan(s), Heat Pump
Heating
Heat Pump, 2 or More Units
Electric
Individual Meter, APS
Flooring
Carpet, Ceramic Tile, Vinyl, Wood, Concrete
WaterSource
City Franchise, Master Meter
ParkingFeatures
Off Street, Parking Lot, Other, Paved, Free
ConstructionMaterials
Wood Frame, Stucco, Block
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 550 PALM Drive 52 | Sep 30, 2026 | $17,000 | 2/1 | 860 | eXp Realty |
| 795 N DON FRANK Lane | Sep 29, 2026 | $327,000 | 3/2 | 1,389 | Century 21 Arizona West |
| 786 N DON FRANK Lane | Sep 28, 2026 | $332,000 | 3/2 | 1,374 | Century 21 Arizona West |
| 640 N ATCHISON Circle | Sep 24, 2026 | $630,000 | 3/2 | 1,611 | Tinzie Realty |
| 855 N Milky Way | Sep 22, 2026 | $649,000 | 4/3 | 3,105 | Century 21 Arizona West |
| 550 Palm Drive 17 | Sep 21, 2026 | $39,250 | 2/1 | 800 | Century 21 Arizona West |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:33 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).