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    223 White Spar Rd Prescott, AZ 86303

    For Sale
    $780,000

    SINGLE_FAMILY - Prescott, AZ

    Type:Office
    Lot size:
    0.19 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 223 White Spar Rd

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Security features
    Security, Security System
    Zoning
    BG
    Rooms
    Bathroom 1, Bathroom 3, Bathroom 2
    Bathrooms
    3
    Parking
    11
    Parking features
    On Street
    Interior features
    Fire/Smoke Detector, Security/Alarm
    Lot size
    0.19 Acres

    Utilities

    Utilities
    Phone Available
    Heating system
    Heat Pump (Heating), Electric (Heating)
    Cooling system
    Heat Pump, Central Air
    Water source
    Public

    Building Details

    Year built
    1992
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Wood, Carpet, Tile
    Building materials
    Frame, Stucco
    Roof type
    Asphalt

    Sandra F Shaffer (928) 899-3111

    Listing agent Sandra F Shaffer (928) 899-3111

    Listing date Oct 8, 2025

    Copyright © 2025 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.

    Overview

    Commercial Office Building Investment Opportunity

    This commercial office building is situated along the high-traffic corridor of White Spar Road, offering excellent visibility. Suite A, comprising approximately 2413 square feet, is currently occupied by a long-term tenant who recently signed a new ten-year NNN lease with built-in rent increases. Two lower suites, totaling approximately 1188 square feet, are available, presenting an opportunity for either an owner-user or additional income generation. Based on 2026 proforma rents, the investment is projected to yield a 7.08% cap rate when fully leased. Recent improvements to the property include exterior paint, as well as paint and flooring upgrades in Suites B & C. The property features 11 on-site parking spaces, which have been recently restriped. This property is zoned BG. It is located near downtown Prescott.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Journey Real Estate Property Management Company TravelCrafters Inc Travel Agency Another Journey Association / Organization SkinFit Prescott Facial Spa Suncrest Real Estate ... Real Estate Agency

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.471176
    Latitude
    34.530943

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    FAQs

    What type of property is this?
    Office building - High-visibility office building with long-term tenant and income potential.
    Where is this office building located?
    The property is located at 223 White Spar Rd Prescott, AZ.
    What is the asking price?
    The asking price for this property is $780,000.
    What are key features of this property?
    This property features: - High-traffic location on White Spar Rd with excellent visibility.; - Long-term tenant in Suite A with a new ten-year NNN lease and rent increases.; - Potential 7.08% cap rate based on 2026 proforma rents when fully leased.
    (928) 899-3111
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    Realmo Value Estimation

    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.

    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.

    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
    223 White Spar Rd Prescott, AZ 86303
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