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    The Largest CRE Database in the US with Over 1 Million Listings

    343 Commercial Way Chino Valley, AZ 86323

    Sponsored
    For Lease
    $6,000 /Mo ($1.57 SF/Yr)

    COMMERCIAL - Chino Valley, AZ

    Lot size:
    1.05 Acres
    Days on Market:
    35
    Last Refresh:
    Feb 2 at 6:06 pm

    Property Features for 343 Commercial Way

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CH
    Interior features
    Ceiling Fan(s), Fire/Smoke Detector
    Exterior features
    Fence, Handicap Access
    Fencing
    Fenced
    Accessibility
    Accessible Approach with Ramp
    Lot size
    1.05 Acres

    Utilities

    Utilities
    Phone Available
    Heating system
    Electric (Heating), Natural Gas
    Cooling system
    Ceiling Fan(s)
    Water source
    Private

    Building Details

    Year built
    2000
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Concrete
    Building materials
    Block, Permits Drawn
    Roof type
    Metal

    We can help!

    Listing Contact
    Kevin Schmidt

    Keller Williams Arizona Realty (480) 767-3007

    Listing agent Kevin Schmidt (928) 421-4550

    Listing date Dec 30, 2025

    MLS# 1078093

    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

    Chino Valley Commercial Space Available

    Located at 343 Commercial Way in Chino Valley, AZ, this commercial building offers a combination of warehouse and office space suitable for light industrial, service, or distribution operations. Unit A offers approximately 3,200 square feet for $6000 per month, while Unit B provides approximately 1500 square feet for $3000 per month. The property is situated in the growing commercial corridor of Chino Valley, providing visibility and access to Highway 89 and surrounding business areas. The warehouse features an open floor plan, high ceilings, and roll-up doors for loading and unloading. The office area includes finished office space and restroom facilities. On-site parking and available utilities are included. The property's zoning is suitable for various business uses. The location provides convenient access to Prescott, Prescott Valley, and nearby communities, making it a potential hub for regional operations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Elite Roofing Supply ... Big Box & Wholesale Store

    Suggested Use

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

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

    Similar Places Nearby

    Freedom Storage AZ, LLC, American Eagle Mini Storage, Fort Knox Self Storage, Freedom Storage, AK&K Storage Units

    Location Insight

    • Map
    • Local Demand
    City
    Chino Valley
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.453689
    Latitude
    34.782843

    Nearby Similar for Lease

    • $12 SF/Yr
      40,075 SF

      Chino Valley Retail Flex Space

      Retail or commercial flex space in Chino Valley business district.
      990 N State Route 89, Chino Valley, AZ 86323
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space in Growing Area

      Retail space available in a growing Prescott, Arizona trade-area.
      380 Butterfield Rd, Chino Valley, AZ 86323
      View Details
    • Contact for pricing

      Fully Leased Retail Center

      Retail center in Chino Valley, Arizona, currently 100% leased.
      1950 Sr 89, Chino Valley, AZ
      View Details

    FAQs

    What type of property is this?
    Warehouse - Functional warehouse and office space in growing Chino Valley corridor.
    Where is this warehouse located?
    The property is located at 343 Commercial Way Chino Valley, AZ.
    What is the lease rate?
    The lease rate is $1.57 SF/Yr.
    What are key features of this property?
    This property features: - Flexible zoning suitable for a variety of business uses.; - Excellent visibility and easy access to Highway 89.; - Functional combination of warehouse and office space.
    (602) 821-1107
    Request Owner's contact information
    343 Commercial Way Chino Valley, AZ 86323
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    Chino Valley, AZ 86323
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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
    343 Commercial Way Chino Valley, AZ 86323
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    We can help!
    Listing Contact
    Kevin Schmidt
    Real Estate License ID: SA673727000
    (602) 821-1107
    Learn more
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