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Building Details

Year Built 1996

Buildings 1

Construction metal

Listing Agency: Arizona Commercial

Listed By: Doug Taber · License #BR721756000 Show Phone

Source: Searchprescotthouses

Added: Apr 26 Changed: Oct 1 Last Checked: Oct 14 at 11:40PM

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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.

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 / Yr

$32,361

Cap Rate

6.16%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$647,220 $647.2K

Cap Rate 7%

$462,300 $462.3K

Cap Rate 9%

$359,567 $359.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,380 SF

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 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 (±1% cap)

NOI $32,361 @ 7.0% cap · market cap 6.16%

Second Best

Industrial

$380.7K

$333.1K – $444.2K (±1% cap)

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. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Plumbing Service Electrical Service Storage Facility Big Box & Wholesale Store Kitchen & Bath Showroom Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Similar For Sale Nearby

See more

Insulated Metal Flex Workshop

20253 E Conestoga Drive, Mayer, AZ 86333

$339,000

0.42 Acres

View details

Industrial

15868 S Black Mountain Road, Mayer, AZ 86333

Contact for pricing

1,920 SF

View details

Historic Mixed-Use Complex

12780 E Central Ave, Mayer, AZ 86333

$899,000

7,617 SF

View details

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