Flex and Industrial
For Sale
$2,850,000
803 N Industrial Dr, Camp Verde, AZ 86322
2016-built facility with 2020 expansion, offering flex use and fenced, secure space for industrial or commercial operations.
Property Size11,928 SF
Lot Size15.00 Acres
Price / SF$238.93
Days on Market519
Property Features for 803 N Industrial Dr
General Information
Standard status
Active
Size
11,928 SF
Lot size
15.00 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$18,989
Building Details
Year Built
2016
Year Renovated
2020
Listing Agency:
Coldwell Banker Northland
(928) 606-1385
Listed By:
Becky McBride
(928) 606-1385
Source:
Exprealty
Added: Mar 21, 2025
Changed: Aug 20
Last Checked: Aug 20 at 9:30AM
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 Coldwell Banker Northland
Investment Insights
Based on property information with market context.
This flex and industrial facility was constructed in 2016 and expanded in 2020, supporting a range of commercial and industrial possibilities. The property was originally built for agricultural and processing use, and the improvements may be re-purposed for other operational needs. The site includes a 15-acre flex footprint, with 10 acres fully fenced and secure and described as having massive electrical capability.
Located directly off I-17 and Hwy 260, the property is positioned for convenient access to major transportation routes.
Presented as move-in ready, this facility combines a newer build with a secure, fully fenced portion of the site, making it well-suited for users that need flexible industrial infrastructure.
Located directly off I-17 and Hwy 260, the property is positioned for convenient access to major transportation routes.
Presented as move-in ready, this facility combines a newer build with a secure, fully fenced portion of the site, making it well-suited for users that need flexible industrial infrastructure.
Key Highlights
- 15‑acre flex footprint with 10 acres fully fenced and secure
- 2016 construction with 2020 expansion for a newer facility build
- Massive electrical capability on the fully fenced, secure 10 acres
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
$230,349
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
8.08%
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%
$4,606,980
$4.6M
Cap Rate 7%
$3,290,700
$3.3M
Cap Rate 9%
$2,559,433
$2.6M
Market Conditions
NOI Build-Up for 11,928 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
$346.4K $29.04/SF
− Vacancy
−$17.3K −$1.45/SF
EGI
$329.1K $27.59/SF
− OpEx
−$98.7K −$8.28/SF
NOI
$230.3K $19.31/SF
Area
Yavapai County, AZ
Vacancy
5.00%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
30.00%
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%
$4,606,980
Cap Rate 7%
$3,290,700
Cap Rate 9%
$2,559,433
Alternative Uses
Best Use
Warehouse
$4.00M
$3.50M – $4.66M
NOI $279,709 @ 7.0% cap · market cap 9.81%
Second Best
Industrial
$3.29M
$2.88M – $3.84M
NOI $230,349 @ 7.0% cap · market cap 8.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86322, AZ
12,696
Population
5,230
Households
2.4
Avg Household Size
48
Median Age
20%
College-Educated
85%
High-School Grad
319.5 sq mi
ZIP Area
40
Density / Sq Mi
$59,018
Median Household Income
$33,365
Median Earnings
$1,036
Median Rent
$293,700
Median Home Value
Market
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?
Flex space - 2016-built facility with 2020 expansion, offering flex use and fenced, secure space for industrial or commercial operations.
Where is this flex space located?
The property is located at 803 N Industrial Dr Camp Verde, AZ.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 15‑acre flex footprint with 10 acres fully fenced and secure; 2016 construction with 2020 expansion for a newer facility build; Massive electrical capability on the fully fenced, secure 10 acres
