Building Details

Year Built 2004

Buildings 2

Listing Agency: Tierra Antigua Realty, LLC Show Phone

Listed By: Robert Maloney · License #SA584140000 Show Phone

Source: Exitrealty

Added: Jul 17, 2025 Changed: Oct 25 Last Checked: Oct 28 at 7:03AM

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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 Tierra Antigua Realty, LLC

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This flex space property includes two separate buildings totaling 2,216 square feet. The smaller structure contains an office, kitchen, and bathroom, while the larger building is configured as a wood shop and includes two garage doors for convenient equipment and vehicle access. A storage shed is also included.

The property is located at 116 N Huachuca Boulevard in Huachuca City, with 112 feet of frontage along Highway 90. Built in 2004, the site combines office accommodations with workshop and storage improvements in a two-building layout.

Key Highlights

• 2,216‑square‑foot flex space property with two buildings
• 112 feet of frontage along Highway 90
• 824‑square‑foot office with kitchen and bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$10,829

Cap Rate

7.34%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$216,580 $216.6K

Cap Rate 7%

$154,700 $154.7K

Cap Rate 9%

$120,322 $120.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,216 SF

Gross rent

$17.3K $7.80/SF

− Vacancy

−$1.8K −$0.82/SF

EGI

$15.5K $6.98/SF

− OpEx

−$4.6K −$2.09/SF

NOI

$10.8K $4.89/SF

Area

Cochise County, AZ

Vacancy

10.50%

Lease Rate

$7.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$216,580

Cap Rate 7%

$154,700

Cap Rate 9%

$120,322

Alternative Uses

Best Use

Office B

$242.0K

$211.7K – $282.3K (±1% cap)

NOI $16,939 @ 7.0% cap · market cap 11.48%

Second Best

Flex RnD

$239.0K

$209.2K – $278.9K (±1% cap)

NOI $16,732 @ 7.0% cap · market cap 11.34%

Theoretical Best

Specialty Retail

$328.4K

$287.3K – $383.1K (±1% cap)

NOI $22,985 @ 7.0% cap · market cap 15.58%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Big Box & Wholesale Store Real Estate Agency Hair Salon Building Supply

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

2

Drive-in doors

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

119

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 85616, AZ

5,110

Population

2,421

Households

2.1

Avg Household Size

52

Median Age

26%

College-Educated

93%

High-School Grad

150.3 sq mi

ZIP Area

34

Density / Sq Mi

$50,515

Median Household Income

$40,820

Median Earnings

$937

Median Rent

$157,600

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Frequently Asked Questions

What type of property is this?

Flex space - Two-building commercial property with office, workshop, storage, and vehicle-access functionality.

Where is this flex space located?

The property is located at 116 N HUACHUCA Boulevard Huachuca City, AZ.

What is the asking price?

The asking price for this property is $147,500.

What are key features of this property?

This property features: 2,216‑square‑foot flex space property with two buildings; 112 feet of frontage along Highway 90; 824‑square‑foot office with kitchen and bathroom