Two-Suite Professional Office
For Sale
$595,000
3681 N Robert Road, Prescott Valley, AZ 86314
Commercial Sale, Prescott Valley, AZ
Property Size2,460 SF
Lot Size0.24 Acres
Price / SF$241.87
Days on Market187
Property Features for 3681 N Robert Road
General Information
Property type
Residential
Property subtype
Office
Zoning
C1
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
15
Security features
Security
Interior features
Ceiling Fan(s), Security/Alarm
Exterior features
Handicap Access
Accessibility
Accessible Approach with Ramp
Lot features
Landscaped
Directions
Traveling North on N Robert Rd, property is on the Southeast Corner of the intersection of N Robert Rd and E Lakeshore Drive.
Standard status
Active
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PRESCOTT VALLEY UNIT 2 LOT 286 LESS THE NW PTN SEC 13-14-1W 3189/ 315
Tax Annual Amount
5326
Legal Description
PRESCOTT VALLEY UNIT 2 LOT 286 LESS THE NW PTN SEC 13-14-1W 3189/ 315
Utilities
Utilities
Phone Available
Heating system
Natural Gas
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
2001
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile
Building materials
Frame, Stucco
Roof type
Rolled Hot Mop
Listing Agency:
Arizona Commercial
(928) 515-1223
Listed By:
Matthew Fish · License #BR626105000
(480) 309-1089
Added: Feb 23
Changed: Aug 29
Last Checked: Aug 29 at 10:06AM
MLS# 1079752
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.
Investment Insights
Based on property information with market context.
This C1-zoned office building at 3681 N Robert Road is configured as two separate suites. Suite A includes two private offices, reception space, a half bathroom, and adaptable flex space. Suite B provides three private offices, a half bathroom, and its own breakroom. Carpet and tile flooring, central air, natural-gas heating, and security/alarm features support everyday professional use.
The property occupies the signalized intersection of Robert Road and Lakeshore and offers access to State Route 69, Prescott Valley’s Entertainment District, and the main business district. Frame-and-stucco construction, a rolled hot-mop roof, public water, phone availability, and an accessible approach with ramp are also included.
The property occupies the signalized intersection of Robert Road and Lakeshore and offers access to State Route 69, Prescott Valley’s Entertainment District, and the main business district. Frame-and-stucco construction, a rolled hot-mop roof, public water, phone availability, and an accessible approach with ramp are also included.
Key Highlights
- Two separate office suites with private offices and dedicated support areas
- Suite A includes reception space, two offices, a half bathroom, and flex space
- Suite B features three offices, a half bathroom, and a dedicated breakroom
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
$35,779
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
6.01%
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%
$715,580
$715.6K
Cap Rate 7%
$511,129
$511.1K
Cap Rate 9%
$397,544
$397.5K
Market Conditions
NOI Build-Up for 2,460 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
$57.3K $23.28/SF
− Vacancy
−$9.6K −$3.89/SF
EGI
$47.7K $19.39/SF
− OpEx
−$11.9K −$4.85/SF
NOI
$35.8K $14.54/SF
Area
Yavapai County, AZ
Vacancy
16.70%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
25.00%
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%
$715,580
Cap Rate 7%
$511,129
Cap Rate 9%
$397,544
Alternative Uses
Best Use
Office B
$511.1K
$447.2K – $596.3K
NOI $35,779 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$824.1K
$721.1K – $961.5K
NOI $57,687 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
920
Businesses Nearby
Explore this area
Business Placement
Demographics for 86314, AZ
39,461
Population
16,806
Households
2.3
Avg Household Size
44
Median Age
23%
College-Educated
89%
High-School Grad
26.6 sq mi
ZIP Area
1,483
Density / Sq Mi
$67,263
Median Household Income
$37,829
Median Earnings
$1,432
Median Rent
$363,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - C1-zoned office property with private offices, reception areas, and separate breakrooms for flexible occupancy.
Where is this office building located?
The property is located at 3681 N Robert Road Prescott Valley, AZ.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two separate office suites with private offices and dedicated support areas; Suite A includes reception space, two offices, a half bathroom, and flex space; Suite B features three offices, a half bathroom, and a dedicated breakroom
