Versatile Commercial Property in
For Sale
$399,000
10 N WASHINGTON Street, Wickenburg, AZ 85390
Two buildings on a corner lot suitable for various ventures.
Property Size2,344 SF
Lot Size0.16 Acres
Price / SF$170.22
Days on Market760
Property Features for 10 N WASHINGTON Street
General Information
Standard status
Active
Size
2,344 SF
Lot size
0.16 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1978
Listing Agency:
Arizona Legends Realty
(602) 309-7466
Listed By:
Lori Horcos · License #BR686709000
(602) 309-7466
Source:
Exitrealty
Added: Jul 2, 2024
Changed: Jul 6
Last Checked: Jul 30 at 7:27AM
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 Legends Realty
Investment Insights
Based on property information with market context.
This commercial property in Wickenburg, Arizona, features two buildings totaling 2344 square feet on a 7000 square foot corner lot. The property includes a substantial carport and an expansive open concrete pad. It is suitable for retail, warehouse, automotive, or manufacturing ventures. The property is located in a designated Opportunity Zone, potentially providing tax benefits.
Key Highlights
- Prime commercial real estate in Wickenburg, AZ.
- Located in a designated Opportunity Zone offering potential tax benefits.
- Two buildings totaling 2344 sq ft on a 7000 sq ft corner lot.
Financial Insights For Retail
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 | $44.4k | $18.96 |
| − Vacancy | −$2.2k | −$0.95 |
| EGI | $42.2k | $18.01 |
| − OpEx | −$12.7k | −$5.40 |
| NOI | $29.6k | $12.61 |
2,344 SF · lease $18.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$422.2K
$369.4K – $492.6K
NOI $29,554 @ 7.0% cap · market cap 7.41%
Second Best
Warehouse
$344.3K
$301.3K – $401.7K
NOI $24,101 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$725.1K
$634.4K – $845.9K
NOI $50,754 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
767
Businesses Nearby
Explore this area
Business Placement
Demographics for 85390, AZ
9,102
Population
5,702
Households
1.6
Avg Household Size
62
Median Age
35%
College-Educated
96%
High-School Grad
475.6 sq mi
ZIP Area
19
Density / Sq Mi
$65,985
Median Household Income
$43,070
Median Earnings
$1,234
Median Rent
$465,800
Median Home Value
Market
Average Price Trend$/SF for Retail properties & Spaces in Maricopa County, AZ
Properties on Market for Retail properties & Spaces in Maricopa County
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail property - Two buildings on a corner lot suitable for various ventures.
Where is this retail property located?
The property is located at 10 N WASHINGTON Street Wickenburg, AZ.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Prime commercial real estate in Wickenburg, AZ.; Located in a designated Opportunity Zone offering potential tax benefits.; Two buildings totaling 2344 sq ft on a 7000 sq ft corner lot.
