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Three-Building Industrial Campus

9500 E Lorna Lane Prescott Valley, AZ 86314

9500 E Lorna Lane, Prescott Valley, AZ, 86314
$10,250,000
For Sale
Claim this Listing
$10,250,000

COMMERCIAL - Prescott Valley, AZ

Property Size30,554 SF
Lot Size2.90 Acres
Price / SF$335.47
AddedMay 7
Days on Market69
Last RefreshJul 14 at 10:06 pm

Property Features for 9500 E Lorna Lane

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
IG
Parking
75
Interior features
Fire/Smoke Detector
Exterior features
Handicap Access
Accessibility
Accessible Approach with Ramp
Standard status
Active
Lot size
2.90 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
W2 LOT 22 PRESCOTT VALLEY BUSINESS PARK SEC 19-14-1E 2657/112

Utilities

Utilities
Phone Available
Heating system
Heat Pump (Heating)
Cooling system
Central Air

Building Details

Year built
1996
Floors in Building
2
Number of units
3
Flooring type
Carpet, Concrete
Building materials
Steel Frame
Roof type
Metal

Listing agent Matthew Fish License #BR626105000

Listing office Arizona Commercial 122 N. Cortez St. Suite #300, Phoenix, AZ

Listing date May 7, 2026

MLS# 1081789

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.

This fully improved, three-building industrial campus spans 2.9 acres across three parcels, totaling 30,554 square feet. The buildings feature extensive interior buildout and a layout that includes dedicated rooms plus administrative and classroom-style spaces. Building 1 (built 1994) is built out exclusively with classrooms. Building 2 (built 1994) includes classrooms, a gymnasium, and a commercial kitchen. Building 3 (built 2004) provides administrative offices on the upper level and classrooms on the lower level.

The property is equipped with full HVAC, security glass, and fire sprinklers throughout. All three parcels are sold together as one contiguous campus. Zoned General Industrial (IG), the property supports manufacturing, wholesale, and commercial uses, with a 2-to-1 parking ratio noted in the offering materials.

Key Highlights

  • Fully improved 30,554 SF industrial campus on 2.9 acres.
  • General Industrial (IG) zoning allows for a wide range of industrial and institutional uses.
  • Existing layout ideal for conversion to rehabilitation facility or manufacturing plant.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $887.3k $29.04
− Vacancy −$44.4k −$1.45
EGI $842.9k $27.59
− OpEx −$252.9k −$8.28
NOI $590.0k $19.31
30,554 SF · lease $29.04/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Industrial
$8.43M
$7.38M – $9.83M (±1% cap)
NOI $590,047 @ 7.0% cap · market cap 5.76%
Second Best
Healthcare Medical
$7.11M
$6.22M – $8.30M (±1% cap)
NOI $497,769 @ 7.0% cap · market cap 4.86%
Theoretical Best
Warehouse
$10.24M
$8.96M – $11.94M (±1% cap)
NOI $716,485 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Prescott Valley School High School

Suggested Use

Dental Office Restaurant Real Estate Agency Grocery & Convenience Store Cafe & Coffee Shop HVAC Service Locksmith Kitchen & Bath Showroom Hotel & Motel (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Manufacturing property - Three industrial buildings total 30,554 SF with full HVAC and fire sprinklers, offered as a single contiguous IG-zoned campus.
Where is this manufacturing property located?
The property is located at 9500 E Lorna Lane Prescott Valley, AZ.
What is the asking price?
The asking price for this property is $10,250,000.
What are key features of this property?
This property features: Fully improved 30,554 SF industrial campus on 2.9 acres.; General Industrial (IG) zoning allows for a wide range of industrial and institutional uses.; Existing layout ideal for conversion to rehabilitation facility or manufacturing plant.
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