Fenced Flex Space with Office
For Sale
$525,000
10020 S State Route 69, Mayer, AZ 86333
Fenced industrial yard combines warehouse and office improvements.
Property Size1,380 SF
Lot Size0.78 Acres
Price / SF$380.43
Days on Market90
Property Features for 10020 S State Route 69
General Information
Standard status
Active
Size
1,380 SF
Lot size
0.78 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
1,080 SF
Office Build-Out
300 SF
Building Details
Year Built
1996
Buildings
1
Construction
metal
Listing Agency:
Arizona Commercial
(928) 421-0040
Listed By:
Doug Taber · License #BR721756000
Source:
Searchprescotthouses
Added: Jun 2
Changed: Aug 30
Last Checked: Aug 30 at 3:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arizona Commercial
Investment Insights
Based on property information with market context.
This flex-space property combines a fenced commercial yard with a 1,080-square-foot metal warehouse structure and a 300-square-foot mobile office trailer. The trailer includes an ADA ramp, creating a separate office component alongside the storage and work area. Total reported property size is 1,380 square feet, with improvements dating to 1996.
The parcel encompasses approximately 0.78 acres along the State Route 69 corridor in Mayer, Arizona. The configuration supports office, storage, and operational support functions within a secured yard environment.
The parcel encompasses approximately 0.78 acres along the State Route 69 corridor in Mayer, Arizona. The configuration supports office, storage, and operational support functions within a secured yard environment.
Key Highlights
- Approximately 0.78‑acre commercial parcel
- 1,080 SF metal warehouse structure
- 300 SF mobile office trailer with ADA ramp
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
$32,361
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
6.16%
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%
$647,220
$647.2K
Cap Rate 7%
$462,300
$462.3K
Cap Rate 9%
$359,567
$359.6K
Market Conditions
NOI Build-Up for 1,380 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
$40.1K $29.04/SF
− Vacancy
−$2.0K −$1.45/SF
EGI
$38.1K $27.59/SF
− OpEx
−$5.7K −$4.14/SF
NOI
$32.4K $23.45/SF
Area
Yavapai County, AZ
Vacancy
5.00%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
15.00%
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%
$647,220
Cap Rate 7%
$462,300
Cap Rate 9%
$359,567
Alternative Uses
Best Use
Warehouse
$462.3K
$404.5K – $539.4K
NOI $32,361 @ 7.0% cap · market cap 6.16%
Second Best
Industrial
$380.7K
$333.1K – $444.2K
NOI $26,650 @ 7.0% cap · market cap 5.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86333, AZ
5,886
Population
3,296
Households
1.8
Avg Household Size
54
Median Age
12%
College-Educated
84%
High-School Grad
499.2 sq mi
ZIP Area
12
Density / Sq Mi
$54,385
Median Household Income
$27,900
Median Earnings
$1,008
Median Rent
$173,000
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 - Fenced industrial yard combines warehouse and office improvements.
Where is this flex space located?
The property is located at 10020 S State Route 69 Mayer, AZ.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Approximately 0.78‑acre commercial parcel; 1,080 SF metal warehouse structure; 300 SF mobile office trailer with ADA ramp
