Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2937 Ben Brks, Unit -- unit 2 & 3 Flagstaff, AZ 86005

    Sponsored
    For Sale
    $4,950,000

    LAND - Flagstaff, AZ

    Lot size:
    20.00 Acres
    Days on Market:
    52
    Last Refresh:
    Mar 2 at 10:06 pm

    Property Features for 2937 Ben Brks

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    residential
    APN
    116-06-009
    Lot size
    20.00 Acres

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Marie France Dagenais
    Marie France Dagenais

    Russ Lyon Sotheby's International Realty (480) 287-5200

    Listing agent Marie France Dagenais (480) 747-0899

    Listing date Jan 10, 2026

    MLS# 6859122 Listing URL

    Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. 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

    20-Acre Estate in Forest Highlands

    Located in The Estates at Forest Highlands, this legacy property represents a rare opportunity within one of Arizona's most desirable communities. The offering consists of two adjoining lots, combining to create a sprawling 20-acre estate. The parcels are designed to harmonize with the high country of Northern Arizona, providing privacy, security, and direct access to the Coconino National Forest, facilitating outdoor recreation. Modern conveniences include underground utilities and individual wells, which allows for custom enhancements such as ponds or pools. The property is situated minutes from downtown Flagstaff, with quick access to Sedona, Oak Creek Canyon, the Grand Canyon, and Flagstaff Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Flagstaff
    County
    Coconino
    State
    Arizona
    Longitude
    -111.719734
    Latitude
    35.099303

    Nearby Similar for Sale

    • New
      $925,000
      2,500 SF

      Flagstaff Commercial Building For Sale

      Fully occupied commercial building in Flagstaff's southside district.
      117 S San Francisco St, Flagstaff, AZ 86001
      View Details
    • $1,850,000
      4,777 SF

      Historic Route 66 Landmark

      Iconic Flagstaff venue on Historic Route 66.
      3404 Route 66 E, Flagstaff, AZ 86004
      View Details
    • Contact for pricing
      1,300 SF

      Flagstaff Office/Medical Space Available

      Office or medical space for lease near the hospital.
      1024 N San Francisco St, Flagstaff, AZ 86001
      View Details
    • Contact for pricing
      5,350 SF

      Downtown Flagstaff Restaurant/Bar Opportunity

      Rare restaurant/bar lease with rooftop patio in downtown Flagstaff.
      101 S San Francisco St, Flagstaff, AZ 86001
      View Details
    • $305,000
      1,620 SF

      Flagstaff Luxury Storage Condo

      Luxury storage condo in Flagstaff's exclusive Boat/RV storage facility.
      5590 Dark Sky Dr, Flagstaff, AZ 86001
      View Details
    • Contact for pricing
      711 SF

      Professional Space Near Flagstaff Medical

      Remodeled medical/wellness space with shared amenities and convenient location.
      1300 N Rim Dr, Flagstaff, AZ 86001
      View Details
    • Contact for pricing
      1,535 SF

      Flagstaff Office Suite For Sale

      Well-maintained office suite in central Flagstaff, ideal for businesses.
      345 S River Run Rd, Flagstaff, AZ 86001
      View Details
    • $950,000
      2,400 SF

      Flagstaff Fourplex Near NAU

      Four-unit property near NAU and downtown Flagstaff.
      607 W Tucson Ave, Flagstaff, AZ 86001
      View Details
    • Contact for pricing
      1,604 SF

      Flagstaff Warehouse with Mezzanine Offices

      Flexible warehouse spaces with mezzanine offices in prime location.
      3111 N Caden Ct, Flagstaff, AZ 86004
      View Details
    • New
      $650,000
      2,070 SF

      Flagstaff Multifamily Property with Income

      Multifamily property in Flagstaff with income potential and large lot.
      3260 Toho Trl, Flagstaff, AZ 86005
      View Details
    • $1,450,000
      3,366 SF

      Downtown Flagstaff Modern Duplex

      Newly built duplex in downtown Flagstaff, ideal for investors.
      11 E Sullivan Ave, Flagstaff, AZ 86001
      View Details
    • $1,895,000
      6,300 SF

      Flagstaff Multifamily Investment Opportunity

      Updated 8-plex in high-demand Flagstaff location near amenities.
      2420 N West St, Flagstaff, AZ 86004
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two adjoining lots in a coveted Arizona community.
    Where is this residential land & home lot located?
    The property is located at 2937 Ben Brks, Unit -- unit 2 & 3 Flagstaff, AZ.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: - Sprawling 20-acre estate comprised of 2 adjoining lots in Forest Highlands.; - Unparalleled privacy and security within an exclusive enclave.; - Direct access to Coconino National Forest for endless outdoor recreation.
    (480) 747-0899
    Request Owner's contact information
    2937 Ben Brks, Unit -- unit 2 & 3 Flagstaff, AZ 86005
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2937 Ben Brks, Unit -- unit 2 & 3
    Flagstaff, AZ 86005
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2937 Ben Brks, Unit -- unit 2 & 3 Flagstaff, AZ 86005
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Marie France Dagenais
    Marie France Dagenais
    Real Estate License ID: SA562310000
    (480) 747-0899 (928) 779-5966 (480) 287-5200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!