Clear-Span Flex
For Sale
$1,175,000
6655 Inter Cal Way, Prescott, AZ 86301
Commercial Sale, Prescott, AZ
Property Size4,900 SF
Lot Size1.00 Acre
Price / SF$239.80
Days on Market171
Property Features for 6655 Inter Cal Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IL
Zoning description
Industrial Light
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
12
Security features
Security, Security Lighting
Interior features
Fire/Smoke Detector, Security/Alarm
Exterior features
Handicap Access
Accessibility
Accessible Approach with Ramp
Subdivision
Prescott Airpark
Directions
Larry Caldwell then right at the round about onto Corsair. Turn left onto Inter Cal Way. Property is at the top of the hill on the right side of the road.
Standard status
Active
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Description
PRESCOTT AIRPARK UNIT 7 LOT 50 CONT 1.00AC SEC 30-15-1W M&P 51/08
Tax Annual Amount
4566
Legal Description
PRESCOTT AIRPARK UNIT 7 LOT 50 CONT 1.00AC SEC 30-15-1W M&P 51/08
Utilities
Utilities
Natural Gas Available
Heating system
Zoned, Electric (Heating), Natural Gas
Cooling system
Ductless, Central Air
Water source
Public
Building Details
Year built
2021
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Steel Frame
Roof type
Metal
Listing Agency:
Arizona Commercial
(928) 515-1223
Listed By:
Matthew Fish · License #BR626105000
(480) 309-1089
Added: Mar 12
Changed: Aug 29
Last Checked: Aug 29 at 10:06AM
MLS# 1080278
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.
Built in 2021, this 4,900-square-foot flex property provides a clear-span steel-framed structure with concrete flooring and climate control throughout. The interior includes two offices and a half bathroom, while warehouse heating and cooling are supported by two HVAC units and the offices use mini-split systems. Two 16-foot overhead doors and two pedestrian entrances serve the front of the building. The site includes 12 paved parking spaces and a graded area that can accommodate outside storage or a future expansion project.
Located in Prescott, Arizona, the property offers two concrete aprons and a circular driveway for vehicle access. Natural gas is available, public water serves the property, and the metal roof and security alarm add to the existing infrastructure.
Industrial Light zoning supports industrial use. The building may also be configured as two separate 2,450-square-foot units, providing flexibility for occupancy or layout planning.
Located in Prescott, Arizona, the property offers two concrete aprons and a circular driveway for vehicle access. Natural gas is available, public water serves the property, and the metal roof and security alarm add to the existing infrastructure.
Industrial Light zoning supports industrial use. The building may also be configured as two separate 2,450-square-foot units, providing flexibility for occupancy or layout planning.
Key Highlights
- 4,900 square feet of clear‑span industrial space built in 2021
- Two 16‑foot overhead doors plus two separate walk‑through doors
- Two offices and a half bathroom within the climate‑controlled building
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
$94,627
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
8.05%
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%
$1,892,540
$1.9M
Cap Rate 7%
$1,351,814
$1.4M
Cap Rate 9%
$1,051,411
$1.1M
Market Conditions
NOI Build-Up for 4,900 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
$142.3K $29.04/SF
− Vacancy
−$7.1K −$1.45/SF
EGI
$135.2K $27.59/SF
− OpEx
−$40.6K −$8.28/SF
NOI
$94.6K $19.31/SF
Area
Yavapai County, AZ
Vacancy
5.00%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
30.00%
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%
$1,892,540
Cap Rate 7%
$1,351,814
Cap Rate 9%
$1,051,411
Alternative Uses
Best Use
Warehouse
$1.64M
$1.44M – $1.92M
NOI $114,904 @ 7.0% cap · market cap 9.78%
Second Best
Industrial
$1.35M
$1.18M – $1.58M
NOI $94,627 @ 7.0% cap · market cap 8.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86301, AZ
25,115
Population
13,863
Households
1.8
Avg Household Size
57
Median Age
37%
College-Educated
96%
High-School Grad
33.4 sq mi
ZIP Area
752
Density / Sq Mi
$71,962
Median Household Income
$33,989
Median Earnings
$1,580
Median Rent
$495,100
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 - Climate-controlled industrial facility with offices, overhead doors, paved parking, and a flexible interior configuration.
Where is this flex space located?
The property is located at 6655 Inter Cal Way Prescott, AZ.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 4,900 square feet of clear‑span industrial space built in 2021; Two 16‑foot overhead doors plus two separate walk‑through doors; Two offices and a half bathroom within the climate‑controlled building
