Flex Space with Fenced
New
For Sale
$299,000
412 Haul Road, Page, AZ 86040
Commercial Sale, Page, AZ
Property Size1,472 SF
Lot Size0.11 Acres
Price / SF$203.13
Days on Market4
Property Features for 412 Haul Road
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security System
Fencing
Fenced
Directions
Located on the corner of Haul Rd. and Coppermine, both are main artery traffic routes. Easy Street Commercial Development.
Subdivision
15 - Page
Standard status
Active
APN
80211114a
Size
1,472 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
26
Tax Description
EASY ST. COMMERCIAL Lot:116 thru Lot: 119, A 4/119 UNDIVIDED INTEREST IN THE COMMON AREA. S5 T40N RO9E.
Tax Annual Amount
1304
Legal Description
EASY ST. COMMERCIAL Lot:116 thru Lot: 119, A 4/119 UNDIVIDED INTEREST IN THE COMMON AREA. S5 T40N RO9E.
Utilities
Utilities
Phone Available
Heating system
Electric (Heating)
Cooling system
Electric
Building Details
Year built
2008
Roof type
Metal
Listing Agency:
Coldwell Banker Northland · Coldwell Banker Real Estate
Listed By:
Kathy Christiansen
(928) 526-5309
Added: Sep 29
Changed: Oct 1
Last Checked: Oct 2 at 12:06AM
MLS# 206185
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.
Investment Insights
Based on property information with market context.
This 1,472-square-foot flex property on a 0.11-acre lot was built in 2008 and received upgrades in 2022. The interior includes a staging area, two restrooms and an insulated, multi-use shop with a roll-up bay door. Electric heating and cooling serve the building, which has a metal roof. A fenced section at the rear provides space for secured equipment storage.
At 412 Haul Road in Page, the property is served by an owners association that provides water, sewer, parking, and exterior maintenance and insurance.
At 412 Haul Road in Page, the property is served by an owners association that provides water, sewer, parking, and exterior maintenance and insurance.
Key Highlights
- 1,472‑square‑foot building on a 0.11‑acre lot
- Insulated multi‑use shop with roll‑up bay door
- Rear portion of the lot is fenced for equipment storage
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
$16,361
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
5.47%
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%
$327,220
$327.2K
Cap Rate 7%
$233,729
$233.7K
Cap Rate 9%
$181,789
$181.8K
Market Conditions
NOI Build-Up for 1,472 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
$26.5K $18.00/SF
− Vacancy
−$1.3K −$0.90/SF
EGI
$25.2K $17.10/SF
− OpEx
−$8.8K −$5.98/SF
NOI
$16.4K $11.11/SF
Area
Coconino County, AZ
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
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%
$327,220
Cap Rate 7%
$233,729
Cap Rate 9%
$181,789
Alternative Uses
Best Use
Flex RnD
$233.7K
$204.5K – $272.7K
NOI $16,361 @ 7.0% cap · market cap 5.47%
Second Best
Industrial
$125.9K
$110.1K – $146.8K
NOI $8,810 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$407.0K
$356.1K – $474.8K
NOI $28,487 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Explore this area
Business Placement
Demographics for 86040, AZ
10,179
Population
4,801
Households
2.1
Avg Household Size
34
Median Age
24%
College-Educated
90%
High-School Grad
887.9 sq mi
ZIP Area
11
Density / Sq Mi
$82,544
Median Household Income
$47,070
Median Earnings
$1,009
Median Rent
$124,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - An insulated work area, staging space and two restrooms support a range of operating needs.
Where is this flex space located?
The property is located at 412 Haul Road Page, AZ.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,472‑square‑foot building on a 0.11‑acre lot; Insulated multi‑use shop with roll‑up bay door; Rear portion of the lot is fenced for equipment storage
