Two-Building Auto Shop
For Sale
$999,995
825 N Navajo Dr, Page, AZ 86040
Commercial Building, 2 story above ground, Commercial, 1 story above ground, Page, AZ
Property Size3,300 SF
Lot Size0.89 Acres
Price / SF$303.03
Days on Market274
Property Features for 825 N Navajo Dr
General Information
Property type
Residential
Property subtype
Office
Zoning
Commercial
Bathrooms
1
Half bathrooms
2
Rooms
Bathroom 1
Interior features
Flooring- Laminate
Appliances
Water Heater, Water Heater- Electric
Subdivision
Lake Powell Estates
Lot features
Corner Lot, Fenced- Partial, Gutters & Downspouts, Out Buildings, R V/ Boat Parking, Sidewalks, Storage Shed, Work Shop, Outdoor Lighting
Standard status
Active
APN
800-43-011B, 800-43-
Size
3,300 SF
Lot size
0.89 Acres
Utilities
Utilities
Propane
Heating system
Other (Heating), Electric (Heating)
Cooling system
Wall Unit(s)
Building Details
Year built
1987
Floors in Building
2
Roof type
Metal, Built-Up
Architectural style
Other
Listing Agency:
Burton Brokerage, Inc.
(602) 319-8575
Listed By:
Gracie Burton · License #BR103771000
(928) 645-4921
Added: Dec 11, 2025
Changed: Sep 3
Last Checked: Sep 11 at 1:06AM
MLS# 1606389
Copyright © 2026 Page Lake Powell MLS. 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 commercial property comprises two buildings totaling 3,300 square feet on a 0.89-acre site. The layout is identified as suitable for automotive repair, with retail, medical, and office uses also described as allowed under the commercial zoning. The improvements date to 1987 and include laminate flooring, a bathroom, electric heating, wall-unit cooling, an electric water heater, and propane service. Roofing consists of metal and built-up materials.
Located at 825 N Navajo Dr in Page, Arizona, the property offers additional room for expansion. Site cleanup has been completed, and both Phase I and Phase II environmental reports are described as clean. The address is in Coconino County and carries ZIP Code 86040.
Located at 825 N Navajo Dr in Page, Arizona, the property offers additional room for expansion. Site cleanup has been completed, and both Phase I and Phase II environmental reports are described as clean. The address is in Coconino County and carries ZIP Code 86040.
Key Highlights
- 3,300‑square‑foot property on 0.89 acres
- Two buildings with room for expansion
- Commercial zoning; automotive repair, retail, medical, and office uses identified
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
$39,914
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
3.99%
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%
$798,280
$798.3K
Cap Rate 7%
$570,200
$570.2K
Cap Rate 9%
$443,489
$443.5K
Market Conditions
NOI Build-Up for 3,300 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
$61.0K $18.48/SF
− Vacancy
−$4.0K −$1.20/SF
EGI
$57.0K $17.28/SF
− OpEx
−$17.1K −$5.18/SF
NOI
$39.9K $12.10/SF
Area
Coconino County, AZ
Vacancy
6.50%
Lease Rate
$18.48 /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%
$798,280
Cap Rate 7%
$570,200
Cap Rate 9%
$443,489
Alternative Uses
Best Use
Retail
$570.2K
$498.9K – $665.2K
NOI $39,914 @ 7.0% cap · market cap 3.99%
Second Best
Industrial
$282.2K
$246.9K – $329.2K
NOI $19,751 @ 7.0% cap · market cap 1.98%
Theoretical Best
Office A
$912.3K
$798.3K – $1.06M
NOI $63,862 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
99k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Groceries 25%
Hotels & Casinos 16%
Dining 11%
Safeway
Groceries
24,315 visits/mo
0.4 miles
Circle K
Shops & Services
10,834 visits/mo
0.2 miles
Dollar Tree
Shops & Services
7,567 visits/mo
0.4 miles
Redd's Ace
Home Improvements & Furnishings
5,652 visits/mo
0.3 miles
Wells Fargo
Shops & Services
5,160 visits/mo
0.4 miles
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 Retail in West region
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Frequently Asked Questions
What type of property is this?
Auto shop - The site includes separate buildings and additional room for expansion within a commercial-zoned setting.
Where is this auto shop located?
The property is located at 825 N Navajo Dr Page, AZ.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: 3,300‑square‑foot property on 0.89 acres; Two buildings with room for expansion; Commercial zoning; automotive repair, retail, medical, and office uses identified
