Multi-Tenant Mixed-Use
New
For Sale
$1,750,000
11814 S FOOTHILLS BLVD, Yuma, AZ 85367
COMMERCIAL-INVESTMENT, Yuma, AZ
Property Size9,000 SF
Lot Size1,610.65 Acres
Price / SF$194.44
Days on Market4
Property Features for 11814 S FOOTHILLS BLVD
General Information
Property type
Residential
Property subtype
Retail
Lot features
Freestanding
Subdivision
EM1- FOOTHILLS
Standard status
Active
Lot size
1,610.65 Acres
Taxes and HOA fees
Tax Description
Section: 09 Township: 09S Range: 21W N156.7 FT OF E2 SE4 SE4 SE4 EXC E 55 FT R/W 2001-04457
Legal Description
Section: 09 Township: 09S Range: 21W N156.7 FT OF E2 SE4 SE4 SE4 EXC E 55 FT R/W 2001-04457
Building Details
Building materials
Frame, Stucco, One Story
Listing Agency:
Realty Executives McConnaughay · Realty Executives International
(928) 343-9415
Listed By:
Christine McConnaughay · License #BR036090000
(928) 580-3947
Added: Sep 20
Last Checked: Sep 23 at 2:06AM
MLS# 20263991
Copyright © 2026 Yuma Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2004, this one-story mixed-use commercial building is constructed with frame and stucco materials. The property is occupied by three businesses serving automotive, educational, and medical uses, creating a varied tenant profile within the building. Site improvements include extensive asphalt paving and approximately 49 marked parking spaces.
The property fronts Foothills Blvd in Yuma, Arizona, providing a visible commercial setting for the existing occupants. Its combination of multiple businesses, established improvements, and dedicated parking supports a range of commercial operations within a single asset.
The property fronts Foothills Blvd in Yuma, Arizona, providing a visible commercial setting for the existing occupants. Its combination of multiple businesses, established improvements, and dedicated parking supports a range of commercial operations within a single asset.
Key Highlights
- Three occupied businesses with automotive, educational, and medical uses
- Built in 2004
- One‑story frame and stucco construction
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
$140,318
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
8.02%
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%
$2,806,360
$2.8M
Cap Rate 7%
$2,004,543
$2.0M
Cap Rate 9%
$1,559,089
$1.6M
Market Conditions
NOI Build-Up for 9,000 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
$261.4K $29.04/SF
− Vacancy
−$36.9K −$4.09/SF
EGI
$224.5K $24.95/SF
− OpEx
−$84.2K −$9.35/SF
NOI
$140.3K $15.59/SF
Area
Yuma County, AZ
Vacancy
14.10%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
37.50%
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%
$2,806,360
Cap Rate 7%
$2,004,543
Cap Rate 9%
$1,559,089
Alternative Uses
Best Use
Mixed Use
$2.00M
$1.75M – $2.34M
NOI $140,318 @ 7.0% cap · market cap 8.02%
Second Best
Retail
$1.30M
$1.14M – $1.52M
NOI $91,255 @ 7.0% cap · market cap 5.21%
Theoretical Best
Specialty Retail
$4.62M
$4.04M – $5.39M
NOI $323,584 @ 7.0% cap · market cap 18.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
U-Haul
Shops & Services
1,648 visits/mo
0.1 miles
Demographics for 85367, AZ
21,303
Population
16,265
Households
1.3
Avg Household Size
64
Median Age
17%
College-Educated
90%
High-School Grad
37.6 sq mi
ZIP Area
567
Density / Sq Mi
$55,766
Median Household Income
$37,196
Median Earnings
$1,205
Median Rent
$184,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - One-story commercial building with three occupied businesses, asphalt parking, and frontage along Foothills Blvd.
Where is this mixed-use property located?
The property is located at 11814 S FOOTHILLS BLVD Yuma, AZ.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Three occupied businesses with automotive, educational, and medical uses; Built in 2004; One‑story frame and stucco construction
