Industrial
For Sale
$190,000
310 W First Street, Winslow, AZ 86047
Commercial Sale, Winslow, AZ
Property Size6,318 SF
Lot Size0.26 Acres
Price / SF$106.03
Days on Market149
Property Features for 310 W First Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Subdivision
A and P Addition
Directions
South on Winslow Ave. to First Street. R on First to property on the right
Standard status
Active
APN
103-17-034C
Size
1,792 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Description
A & P ADDN: N 40' OF LOTS 3 & 4; N 40' OF E 10' OF LOT 5; W 15' OF LOT 5; LOTS 6 & 7; ALL IN BLOCK 4. OUT OF 103-17-034B FOR 2021 ROLL
Tax Annual Amount
376
Legal Description
A & P ADDN: N 40' OF LOTS 3 & 4; N 40' OF E 10' OF LOT 5; W 15' OF LOT 5; LOTS 6 & 7; ALL IN BLOCK 4. OUT OF 103-17-034B FOR 2021 ROLL
Building Details
Year built
1961
Listing Agency:
West USA Realty - Snowflake
(602) 942-4200
Listed By:
Charles Tupper · License #SA661338000
(928) 242-2720
Added: Mar 28
Changed: Aug 20
Last Checked: Aug 23 at 11:06AM
MLS# 260286
Copyright © 2026 White Mountain 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.
Investment Insights
Based on property information with market context.
This warehouse property at 310 W First Street in Winslow offers a flexible commercial layout for storage, workshop, distribution, light industrial, or redevelopment applications. The building was constructed in 1961 and occupies a 0.26-acre lot. Its configuration supports a range of operational needs while retaining adaptability for future planning.
The property is positioned along historic Route 66 with visibility from nearby Interstate 40. It is also located near downtown Winslow, combining established roadway exposure with access to the city center. The asset is identified as a warehouse and is offered for sale.
The property is positioned along historic Route 66 with visibility from nearby Interstate 40. It is also located near downtown Winslow, combining established roadway exposure with access to the city center. The asset is identified as a warehouse and is offered for sale.
Key Highlights
- 0.26‑acre lot in Winslow, AZ
- Warehouse building constructed in 1961
- Positioned along historic Route 66
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,329
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$326,580
$326.6K
Cap Rate 7%
$233,271
$233.3K
Cap Rate 9%
$181,433
$181.4K
Market Conditions
NOI Build-Up for 1,792 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$24.3K $13.56/SF
− Vacancy
−$972 −$0.54/SF
EGI
$23.3K $13.02/SF
− OpEx
−$7.0K −$3.91/SF
NOI
$16.3K $9.11/SF
Area
Navajo County, AZ
Vacancy
4.00%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$326,580
Cap Rate 7%
$233,271
Cap Rate 9%
$181,433
Alternative Uses
Best Use
Flex RnD
$368.1K
$322.1K – $429.4K
NOI $25,764 @ 7.0% cap · market cap 13.56%
Second Best
Warehouse
$283.3K
$247.9K – $330.5K
NOI $19,828 @ 7.0% cap · market cap 10.44%
Theoretical Best
Specialty Retail
$487.0K
$426.1K – $568.1K
NOI $34,088 @ 7.0% cap · market cap 17.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 86047, AZ
14,168
Population
4,932
Households
2.9
Avg Household Size
36
Median Age
8%
College-Educated
81%
High-School Grad
1,676.3 sq mi
ZIP Area
8
Density / Sq Mi
$50,062
Median Household Income
$29,846
Median Earnings
$875
Median Rent
$113,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Cox's Automotive Specialties — 600 E 2nd St, Winslow, AZ 86047
- We Can Store It Mini Storage — 600 E 2nd St, Winslow, AZ 86047
Frequently Asked Questions
What type of property is this?
Warehouse - Flexible commercial space with Route 66 exposure, Interstate 40 visibility, and a layout suited to storage or light industrial use.
Where is this warehouse located?
The property is located at 310 W First Street Winslow, AZ.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 0.26‑acre lot in Winslow, AZ; Warehouse building constructed in 1961; Positioned along historic Route 66
