Quonset Hut Flex
For Sale
$329,000
4588 N Haskell Avenue, Willcox, AZ 85643
Commercial Sale, Willcox, AZ
Property Size3,290 SF
Lot Size2.06 Acres
Price / SF$100
Days on Market30
Property Features for 4588 N Haskell Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Cochise - Call
Fencing
Chain Link
Lot features
Adjacent to Rail
Subdivision
Cochise
Standard status
Active
APN
202-51-003
Size
3,290 SF
Lot size
2.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
N LOT 13 OR SWSW BY M&B BEG 864.14'N OF SECOR OF LOT 13 N430.32S46DEG 24MIN W441.6' S39DEG 03MIN E293.5' N52DEG 56MIN E1
Tax Annual Amount
1098
Legal Description
N LOT 13 OR SWSW BY M&B BEG 864.14'N OF SECOR OF LOT 13 N430.32S46DEG 24MIN W441.6' S39DEG 03MIN E293.5' N52DEG 56MIN E1
Utilities
Sewer type
Septic Tank
Water source
Well
Building Details
Year built
1966
Roof type
Metal
Listing Agency:
Mesquite Ranch Realty Inc
(520) 766-6778
Listed By:
Nancy Welch
(520) 405-1077
Added: Aug 11
Changed: Aug 19
Last Checked: Sep 9 at 2:06AM
MLS# 22619585
Copyright © 2026 Multiple Listing Service of Southern Arizona. 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 flex-space property includes a 3,290-square-foot Quonset hut on 2.06 acres. The improvements feature a metal roof, chain-link fencing, a private well, and an on-site septic system. Built in 1966, the property provides a functional combination of enclosed commercial space and usable land.
The site is located at 4588 N Haskell Avenue in Willcox, Arizona, within Cochise County. A billboard is also located on the property, providing an additional site feature. Zoning is identified as Cochise - Call.
The site is located at 4588 N Haskell Avenue in Willcox, Arizona, within Cochise County. A billboard is also located on the property, providing an additional site feature. Zoning is identified as Cochise - Call.
Key Highlights
- 2.06‑acre commercial property with a 3,290‑square‑foot Quonset hut
- Private well and on‑site septic system
- Metal roof and chain‑link fencing
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
$24,841
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
7.55%
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%
$496,820
$496.8K
Cap Rate 7%
$354,871
$354.9K
Cap Rate 9%
$276,011
$276.0K
Market Conditions
NOI Build-Up for 3,290 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
$43.4K $13.20/SF
− Vacancy
−$5.2K −$1.58/SF
EGI
$38.2K $11.62/SF
− OpEx
−$13.4K −$4.07/SF
NOI
$24.8K $7.55/SF
Area
Cochise County, AZ
Vacancy
12.00%
Lease Rate
$13.20 /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%
$496,820
Cap Rate 7%
$354,871
Cap Rate 9%
$276,011
Alternative Uses
Best Use
Flex RnD
$354.9K
$310.5K – $414.0K
NOI $24,841 @ 7.0% cap · market cap 7.55%
Second Best
Industrial
$229.7K
$201.0K – $268.0K
NOI $16,077 @ 7.0% cap · market cap 4.89%
Theoretical Best
Specialty Retail
$487.5K
$426.6K – $568.8K
NOI $34,126 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85643, AZ
8,208
Population
3,965
Households
2.1
Avg Household Size
41
Median Age
18%
College-Educated
83%
High-School Grad
2,206.7 sq mi
ZIP Area
4
Density / Sq Mi
$56,952
Median Household Income
$32,712
Median Earnings
$700
Median Rent
$161,500
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.
Frequently Asked Questions
What type of property is this?
Flex space - Commercial property with a private well, septic system, and chain-link fencing.
Where is this flex space located?
The property is located at 4588 N Haskell Avenue Willcox, AZ.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 2.06‑acre commercial property with a 3,290‑square‑foot Quonset hut; Private well and on‑site septic system; Metal roof and chain‑link fencing
