Lake Powell Industrial
1056 Vista Ave Suite B Page AZ Page, AZ 86040
For Sale
Contact for pricing
Industrial condo for sale in Page, Arizona near Lake Powell.
Property Size2,500 SF
Price / SF$160
Days on Market181
Property Features for 1056 Vista Ave Suite B Page AZ
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Industrial
Listing Agency:
NAI Horizon - Phoenix
(602) 393-6668
Listed By:
Austin Escobedo · License #SA717847000
Source:
Crexi
Added: Jan 23
Changed: Jul 10
Last Checked: Jul 23 at 6:45AM
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 NAI Horizon - Phoenix
Investment Insights
Based on property information with market context.
This 2,500-square-foot industrial condo is located in Page, Arizona, near Lake Powell. The property is suitable for boat and RV storage.
Key Highlights
- Lake Powell Access: Enjoy recreational opportunities with proximity to Lake Powell.
- Boat/RV Storage: Suitable for storing your boats and RVs.
- Industrial Condo: Provides flexible space for various uses, condo ownership offers benefits.
Financial Insights For Flex RnD
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 | $45.0k | $18.00 |
| − Vacancy | −$2.3k | −$0.90 |
| EGI | $42.8k | $17.10 |
| − OpEx | −$15.0k | −$5.98 |
| NOI | $27.8k | $11.11 |
2,500 SF · lease $18.00/SF/yr · vacancy 5.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$397.0K
$347.4K – $463.1K
NOI $27,788 @ 7.0% cap · market cap 6.95%
Second Best
Industrial
$213.7K
$187.0K – $249.4K
NOI $14,962 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$691.2K
$604.8K – $806.4K
NOI $48,381 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pioneer Title Agency
Title Company
Similar Off Market Nearby
- Lake Powell Groceries — 240 Vermilion Ave, Page, AZ 86040
FAQs
What type of property is this?
Flex space - Industrial condo for sale in Page, Arizona near Lake Powell.
Where is this flex space located?
The property is located at 1056 Vista Ave Suite B Page AZ Page, AZ.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Lake Powell Access: Enjoy recreational opportunities with proximity to Lake Powell.; Boat/RV Storage: Suitable for storing your boats and RVs.; Industrial Condo: Provides flexible space for various uses, condo ownership offers benefits.
