Three-Unit Storefront
For Sale
$1,200,000
909 N Main Street, Cottonwood, AZ 86326
Commercial Sale, Cottonwood, AZ
Property Size2,958 SF
Lot Size0.08 Acres
Price / SF$405.68
Days on Market833
Property Features for 909 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Window features
Skylight(s)
Directions
Follow I-17 N to AZ-260 W/Finnie Flat Rd in Camp Verde. Take exit 287 from I-17; N Follow AZ-260 W to N Main St in Cottonwood
Subdivision
70 - Cottonwood/Clarkdale
Standard status
Active
APN
40634039
Size
2,958 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
COTTONWOOD ADD LOT 3 BLK 1
Tax Annual Amount
1331
Legal Description
COTTONWOOD ADD LOT 3 BLK 1
Utilities
Utilities
Cable Available
Heating system
Central, Natural Gas
Cooling system
Central Air, Multi Units
Building Details
Year built
1957
Roof type
Flat
Listing Agency:
da Vinci Realty
(928) 779-3800
Listed By:
Mark T Belsanti · License #SA104226000
(928) 254-1770
Added: Jun 4, 2024
Changed: Sep 12
Last Checked: Sep 14 at 12:06AM
MLS# 197022
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 2,958-square-foot storefront property contains 3 fully occupied units within a building constructed in 1957. The commercial asset has a flat roof, central air conditioning, multi-unit cooling, and central natural gas heating. Cable is available, supporting the building’s existing retail configuration.
The property occupies a 0.08-acre site at 909 N Main Street in Cottonwood, Arizona, within Yavapai County. Its Light Commercial zoning and 100% occupancy provide a defined operating profile for an owner-user or retail-focused purchaser.
The property occupies a 0.08-acre site at 909 N Main Street in Cottonwood, Arizona, within Yavapai County. Its Light Commercial zoning and 100% occupancy provide a defined operating profile for an owner-user or retail-focused purchaser.
Key Highlights
- 2,958‑square‑foot storefront building with 3 fully occupied units
- 100% occupancy across the property
- Light Commercial zoning
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
$51,276
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
4.27%
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%
$1,025,520
$1.0M
Cap Rate 7%
$732,514
$732.5K
Cap Rate 9%
$569,733
$569.7K
Market Conditions
NOI Build-Up for 2,958 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
$77.0K $26.04/SF
− Vacancy
−$3.8K −$1.28/SF
EGI
$73.3K $24.76/SF
− OpEx
−$22.0K −$7.43/SF
NOI
$51.3K $17.33/SF
Area
Yavapai County, AZ
Vacancy
4.90%
Lease Rate
$26.04 /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%
$1,025,520
Cap Rate 7%
$732,514
Cap Rate 9%
$569,733
Alternative Uses
Best Use
Retail
$732.5K
$641.0K – $854.6K
NOI $51,276 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$990.9K
$867.1K – $1.16M
NOI $69,365 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 86326, AZ
24,465
Population
12,243
Households
2
Avg Household Size
49
Median Age
25%
College-Educated
91%
High-School Grad
45.5 sq mi
ZIP Area
538
Density / Sq Mi
$58,250
Median Household Income
$36,479
Median Earnings
$1,102
Median Rent
$312,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - Occupied retail building with multiple suites, central air, and natural gas heating in Cottonwood.
Where is this storefront property located?
The property is located at 909 N Main Street Cottonwood, AZ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2,958‑square‑foot storefront building with 3 fully occupied units; 100% occupancy across the property; Light Commercial zoning
