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Property profile & analytics
FOR SALE
Warehouses

5700 E Old Walnut Canyon Rd Flagstaff, AZ 86004

6,000 SF 1.78 ac lot Built 1977
Entity Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US07-1409581
Property summary
AI-generated overview

This exceptional Flagstaff commercial property presents a compelling investment opportunity. The 9,600 square foot warehouse sits on a 1.77-acre lot and boasts a diversified income stream from two tenants. Wyndham Vacation Resorts occupies half the warehouse under a secure 30-year triple net lease, guaranteeing consistent revenue. The remaining half is leased to Katlon Inc. under a three-year modified gross lease, offering flexibility for future growth. Adding significant value is the fully leased 143-space RV and boat storage facility situated on 1.66 acres, currently operating with a waiting list. The combined warehouse and storage spaces yield an attractive 6.08 percent cap rate. The sale includes valuable equipment: a 1998 Chevy truck with snow plow (valued at $15,000), a 2021 John Deere tractor (valued at $61,000), and a 1994 Arctic Cat (valued at $750). These assets enhance operational efficiency and contribute to the overall property value. Note that 3.78 acres of adjacent land are available for purchase separately for $475,000. This property offers a rare combination of stable income, high occupancy, and valuable equipment, making it an ideal investment.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1977
Total area 6,000 SF
Lot 1.78 ac (77,319 SF)
APN 117-02-008D
UPID US07-1409581
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
$670k
Comparable Approach Comparable
$410k
Blend (final) Blend
$500k
Owner & transaction history
Katlon INC · 15 yrs held
Katlon INC
since 2011
2 recorded transactions
2018
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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