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    2020 Industrial Dr Page, AZ 86040

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    Claim this Listing
    For Sale
    $1,500,000

    Commercial Building, Commercial - Page, AZ

    Property size:
    2,904 SF
    Lot size:
    1.67 Acres
    Price / SF:
    $516/SF
    Added:
    Dec 3, 2025
    Days on Market:
    142
    Last Refresh:
    Apr 24 at 6:06 am

    Property Features for 2020 Industrial Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial,Industrial
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Interior features
    Flooring- Carpet
    Exterior features
    Fenced- Full, Rv/Boat Parking, Work Shop
    Fencing
    Fenced, Full
    Standard status
    Active
    APN
    802-12-032
    Size
    2,904 SF
    Lot size
    1.67 Acres

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1985
    Floors in Building
    2
    Flooring type
    Carpet
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    RV/Boat Storage

    We can help!

    Listing Contact
    Holly Helme

    Listing agent Holly Helme License #BR629830000

    Listing office Majestic View Properties, LLC PO Box 1404, Page, AZ

    Listing date Dec 3, 2025

    MLS# 1606387 Listing URL

    Copyright © 2026 Page Lake Powell MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Park Commercial Building For Sale

    Located in an industrial park, this property features a 1.67-acre lot that is fully fenced with two access gates. The main building measures 40x60 and includes a front office, a private office, and a shop area equipped with 14' overhead pull-up doors and a propane heater. A mezzanine provides additional work or storage space. An additional 13x27 storage room offers approximately 351 sq ft of space with shelving, along with a half bath of approximately 17 sq ft and an additional storage area. The property includes two covered parking areas, each approximately 25x42. A 36x40 concrete apron is situated in front, along with a 12x16 ramp. The lot also features two RV electric hook-ups and existing storage customers for RVs, generating monthly income. The property is suitable for a commercial business or storage area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Similar Places Nearby

    • Anchors Away Boat & RV Storage — 2020 Border Rd, Page, AZ 86040
    • Industrial Park Storage — 2011 Industrial Dr, Page, AZ 86040
    • Antelope Recreation Center Boat RV Storage, Conoco Gas Station — 910 Coppermine Rd, Page, AZ 86040
    • Page Lake Powell Indoor Boat Storage — 3011 Border Rd, Page, AZ 86040
    • All Seasons Boat & Mini Storage — 2031 Border Rd, Page, AZ 86040

    Map

    City
    Page
    County
    Coconino
    State
    Arizona
    Longitude
    -111.4489383
    Latitude
    36.8911908

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    FAQs

    What type of property is this?
    Warehouse - 1.67 acre commercial lot with shop and storage.
    Where is this warehouse located?
    The property is located at 2020 Industrial Dr Page, AZ.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 1.67 acre fully fenced lot in industrial park with two access gates.; 40x60 main building with front office, private office, 3/4 bath, and shop area with 14' overhead doors.; Existing storage customers for RVs providing monthly income, plus RV hookups.
    (928) 660-3320
    We can help!
    Listing Contact
    Holly Helme
    Real Estate License ID: BR629830000
    Learn More
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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
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