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    1670 Willow Creek Rd, Unit A Prescott, AZ 86301

    View on Map
    Sponsored
    For Lease
    $20 SF/Yr ($3,630 /Mo)

    COMMERCIAL - Prescott, AZ

    Type:Office
    Property size:
    1,144 SF
    Lot size:
    0.05 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 30 at 2:06 am

    Property Features for 1670 Willow Creek Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    BG
    Parking
    6
    Exterior features
    Handicap Access
    Accessibility
    Accessible Approach with Ramp
    Size
    1,144 SF
    Lot size
    0.05 Acres

    Utilities

    Utilities
    Phone Available
    Heating system
    Zoned, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1995
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet, Tile
    Building materials
    Frame, Stucco
    Roof type
    Metal

    We can help!

    Listing Contact
    Raymond G. Zogob
    Raymond G. Zogob

    Arizona Property Brokerage

    Listing agent Raymond G. Zogob

    Listing date Mar 29, 2026

    MLS# 1080708

    Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Professional Medical/Office Space For Lease

    This commercial suite, ideal for medical or office use, is located along the Willow Creek Road corridor, two blocks north of Dignity Health YRMC hospital's west campus, within the Sante Fe Office Park commercial subdivision. The property features approximately 1,144 square feet of space and is offered for lease at $2,240 per month gross, which equates to $20 per square foot per year, plus $3.50 per square foot per year NNN, in addition to utilities. Currently occupied by the Ageless Living Institute, Suite A includes two private offices, a large open bullpen area suitable for up to six partitioned workstations or the creation of two additional private offices, a waiting/reception area, a kitchen/breakroom, a large storage closet, and one restroom. It also features a rear exit door and an outdoor patio area. The building is situated at the north entrance of the commercial complex, providing good building visibility and signage. Unreserved on-site parking is available within the Sante Fe Office Park subdivision. Occupancy is expected by July of 2026. The 1,944 square foot two-suite commercial building is also offered for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    D. Lee Abbott, ... Physician Edward Jones - Financial ... Financial Advisor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Prescott Animal Hospital, Dow Steven H DVM, Killian Raenell DVM, Pauletto Tammy J DVM, Nolte Bryan DVM

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.483096
    Latitude
    34.570625

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    FAQs

    What type of property is this?
    Medical Office Space - Commercial suite available for lease near Dignity Health YRMC.
    Where is this medical office space located?
    The property is located at 1670 Willow Creek Rd, Unit A Prescott, AZ.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: Situated along Willow Creek Road, near Dignity Health YRMC hospital's west campus, offering excellent visibility and accessibility.; - Flexible Space: +/- 1,144 sf suite with 2 private offices, a large open bullpen area, waiting/reception area, kitchen/breakroom, storage, and restroom.; - Lease Terms: Available for lease at $2,240/month gross ($20/sf/yr plus $3.50/sf/yr NNN) plus utilities.
    (619) 997-3329
    Request Owner's contact information
    1670 Willow Creek Rd, Unit A Prescott, AZ 86301
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    Prescott, AZ 86301
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1670 Willow Creek Rd, Unit A Prescott, AZ 86301
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    We can help!
    Listing Contact
    Raymond G. Zogob
    Raymond G. Zogob
    Real Estate License ID: SA553424000
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