Sign Up Successful!
You now have access to more from Realmo!
    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

    345 S River Run Rd Flagstaff, AZ 86001

    Sponsored
    For Sale
    Contact for pricing

    COMMERCIAL - Flagstaff, AZ

    Property size:
    1,535 SF
    Days on Market:
    93
    Last Refresh:
    Feb 18 at 8:06 am

    Property Features for 345 S River Run Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    10416007a
    Size
    1,535 SF

    Utilities

    Utilities
    Cable Available
    Heating system
    Natural Gas, Central
    Cooling system
    Gas (Cooling), Central Air

    Building Details

    Roof type
    Flat, Built-Up

    We can help!

    Listing Contact
    Darien D Degher
    Darien D Degher

    Coldwell Banker Dallas Real Estate (928) 526-5309

    Listing agent Darien D Degher (928) 607-3749

    Listing date Nov 18, 2025

    MLS# 202757

    Copyright © 2026 Northern Arizona Multiple Listing Service. 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

    Flagstaff Office Suite For Sale

    This meticulously maintained mid-sized office suite is available for lease in central Flagstaff, situated within the city's thriving commercial core. The modern space offers a versatile layout and a spacious floor plan, making it suitable for various business needs. Abundant natural light fills the interior. The property provides a flexible canvas for success, balancing contemporary aesthetics with superior functionality. The well-maintained exterior and ample parking further enhance its appeal. The property size is 1535 square feet. This property presents an exceptional opportunity for businesses seeking a prominent presence, with its convenient location and high visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wespac Construction | Flagstaff Construction Company Behavioral Consultation Services Crisis Center Bureau of Alcohol, Tobacco, ... Federal Police Intermountain Centers Flagstaff, ... Crisis Center Flagstaff Custom Home ... Construction Company

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm 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
    -111.63733
    Latitude
    35.189869

    Nearby Similar for Sale

    • $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
    • $1,200,000

      Flagstaff Duplex: Income Opportunity

      Income-producing duplex near downtown Flagstaff with private garages and backyards.
      1 E Terrace Ave, Flagstaff, AZ 86001
      View Details
    • $1,200,000
      2,470 SF

      Flagstaff Duplex: Income Opportunity

      Income-producing duplex near downtown Flagstaff with garages and private yards.
      1 E Terrace Ave, Flagstaff, AZ 86001
      View Details
    • $1,650,000
      3,648 SF

      Historic Downtown Flagstaff Income Property

      Updated income property in the heart of Historic Downtown Flagstaff.
      309 N Humphreys St, Flagstaff, AZ 86001
      View Details
    • $1,650,000
      3,648 SF

      Historic Downtown Flagstaff Income Property

      Updated income property on a high-profile corner lot.
      309 N Humphreys St, Flagstaff, AZ 86001
      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
    • $3,950,000
      12,864 SF

      Remodeled Multifamily Investment Opportunity

      Fully remodeled 19-unit property on 0.89 acres in Flagstaff.
      2010 Route 66 E, Flagstaff, AZ 86004
      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
      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
    • $3,400,000
      10,200 SF

      Flagstaff Multifamily Investment Opportunity

      Ten-unit Flagstaff residential income property with strong rental history.
      1715 N 1St St, Flagstaff, AZ 86004
      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
    • $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

    FAQs

    What type of property is this?
    Office space - Well-maintained office suite in central Flagstaff, ideal for businesses.
    Where is this office space located?
    The property is located at 345 S River Run Rd Flagstaff, AZ.
    What is the asking price?
    The asking price for this property is $4,600.
    What are key features of this property?
    This property features: - Prime Central Flagstaff Location: Situated in the thriving commercial core.; - Versatile Layout and Spacious Floor Plan: Providing a flexible canvas for success.; - Abundant Natural Light: Creates a bright and welcoming workspace.
    (928) 607-3749
    Request Owner's contact information
    345 S River Run Rd Flagstaff, AZ 86001
    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.
    345 S River Run Rd
    Flagstaff, AZ 86001
    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
    345 S River Run Rd Flagstaff, AZ 86001
    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
    Darien D Degher
    Darien D Degher
    Real Estate License ID: SA640115000
    (928) 607-3749 (928) 526-5309
    Learn more
    Google sign-in failed. Please try again or use another login method.