Medical Office with Exam
For Sale
$549,000
1360 N Rim Drive, Flagstaff, AZ 86001
Commercial Sale, Flagstaff, AZ
Property Size1,639 SF
Lot Size0.04 Acres
Price / SF$334.96
Days on Market140
Property Features for 1360 N Rim Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Hwy 180 to Forest Dr Right on RIm Dr
Subdivision
130 - NoHo
Standard status
Active
APN
10101001n
Size
1,639 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
SIXTEENTH: NW QUARTER: NW SECTION: 15 TOWNSHIP: 21N RANGE: 07E FOREST MEDICAL CENTER PARCEL B ACCORDING TO RECORD OF SUR
Tax Annual Amount
4702
Legal Description
SIXTEENTH: NW QUARTER: NW SECTION: 15 TOWNSHIP: 21N RANGE: 07E FOREST MEDICAL CENTER PARCEL B ACCORDING TO RECORD OF SUR
Utilities
Utilities
Natural Gas Available
Heating system
Central
Building Details
Roof type
Asphalt
Listing Agency:
National Flagstaff Connection
(928) 526-3737
Listed By:
Katharine L Haley
(928) 853-1796
Added: May 20
Changed: Oct 2
Last Checked: Oct 6 at 7:06PM
MLS# 204595
Copyright © 2026 Northern Arizona Multiple Listing Service. 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.
This 1,639-square-foot medical office provides a functional clinical layout with a reception area, waiting area, four exam rooms, and a lab/break room. The floor plan also includes a private office with its own access door and two half baths.
The property is located at 1360 N Rim Drive in Flagstaff, with access to Flagstaff Medical Center. Central heating, an asphalt roof, and natural gas availability are included among the property features.
The property is located at 1360 N Rim Drive in Flagstaff, with access to Flagstaff Medical Center. Central heating, an asphalt roof, and natural gas availability are included among the property features.
Key Highlights
- 1,639‑square‑foot medical office building
- Four separate exam rooms support clinical use
- Reception and waiting areas included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,607
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,140
$452.1K
Cap Rate 7%
$322,957
$323.0K
Cap Rate 9%
$251,189
$251.2K
Market Conditions
NOI Build-Up for 1,639 SF
Gross rent
$38.2K $23.28/SF
− Vacancy
−$8.0K −$4.89/SF
EGI
$30.1K $18.39/SF
− OpEx
−$7.5K −$4.60/SF
NOI
$22.6K $13.79/SF
Area
Coconino County, AZ
Vacancy
21.00%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,140
Cap Rate 7%
$322,957
Cap Rate 9%
$251,189
Alternative Uses
Best Use
Office B
$323.0K
$282.6K – $376.8K
NOI $22,607 @ 7.0% cap · market cap 4.12%
Second Best
Healthcare Medical
$283.7K
$248.3K – $331.0K
NOI $19,861 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$453.1K
$396.5K – $528.6K
NOI $31,718 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,586
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86001, AZ
37,093
Population
15,364
Households
2.4
Avg Household Size
27
Median Age
55%
College-Educated
96%
High-School Grad
290.4 sq mi
ZIP Area
128
Density / Sq Mi
$62,587
Median Household Income
$24,346
Median Earnings
$1,505
Median Rent
$570,900
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 Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured for clinical operations with reception, patient waiting, lab, break, and private office areas.
Where is this medical office space located?
The property is located at 1360 N Rim Drive Flagstaff, AZ.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1,639‑square‑foot medical office building; Four separate exam rooms support clinical use; Reception and waiting areas included
