Firearms Retail
For Sale
$1,600,000
1362 E Snowflake Boulevard, Snowflake, AZ 85937
COMMERCIAL - Snowflake, AZ
Property Size5,000 SF
Lot Size2.00 Acres
Price / SF$320
Days on Market362
Property Features for 1362 E Snowflake Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security System
Window features
Double Pane Windows
Interior features
Vaulted Ceiling(s)
Exterior features
Smart Light(s)
Subdivision
Snowflake
Directions
From Main Street (Hwy 77) in Snowflake turn East on Snowflake Blvd, drive aproximately 1.4 miles to property on the north side of Snowflake Blvd.
Standard status
Active
APN
303-01-013T
Size
5,000 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Description
SECTION 18,T13N,R22E:PARCEL A PER SURVEY (2022-21787) AKA: COMMNE CORNER; TH S02DG13'42E 580.20' TPOB; TH S02DG13'42E 295'; TH S54DG35'54W 256.25' TANGENT CURVE RADIUS 1145.92'; TH 21.46' CRUVE 01DG04'22 S55DG07'05W 21.46'; N02DG13'42W 454.82'; TH N89DG43'57E 232.65' TPOB; OUT OF 303-01-013R PER MLD(2022-21788) FOR 2023 ROLL (LEGAL DESCRIPTION IS FOR TAX PURPOSES ONLY/DO NOTUSE IN DEED PREPERATION)
Tax Annual Amount
1973
Legal Description
SECTION 18,T13N,R22E:PARCEL A PER SURVEY (2022-21787) AKA: COMMNE CORNER; TH S02DG13'42E 580.20' TPOB; TH S02DG13'42E 295'; TH S54DG35'54W 256.25' TANGENT CURVE RADIUS 1145.92'; TH 21.46' CRUVE 01DG04'22 S55DG07'05W 21.46'; N02DG13'42W 454.82'; TH N89DG43'57E 232.65' TPOB; OUT OF 303-01-013R PER MLD(2022-21788) FOR 2023 ROLL (LEGAL DESCRIPTION IS FOR TAX PURPOSES ONLY/DO NOTUSE IN DEED PREPERATION)
Utilities
Heating system
Electric (Heating)
Building Details
Year built
2022
Roof type
Metal
Listing Agency:
SEI Real Estate Professionals - Snowflake
(928) 457-0189
Listed By:
Michael Lunt · License #SA562498000
(928) 243-2588
Added: Aug 26, 2025
Changed: Aug 4
Last Checked: Aug 22 at 1:06PM
MLS# 257728
Copyright © 2026 White Mountain 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.
This 5000-square-foot retail space supports a specialized firearms and shooting-sports operation, including retail sales and firearm repair work. The business offering includes handguns, rifles, shotguns, tactical equipment, holsters, shooting accessories, and gunsmithing tools. The property also includes vaulted ceilings, electric heating, smart lighting features, and a metal roof.
Constructed in 2022, the property occupies 2 acres at 1362 E Snowflake Boulevard in Snowflake, Arizona. Its current commercial use combines product sales with repair services, providing a defined operating format for a firearms-focused retail business. The building’s newer construction and documented interior and exterior features add practical context for evaluating the facility.
Constructed in 2022, the property occupies 2 acres at 1362 E Snowflake Boulevard in Snowflake, Arizona. Its current commercial use combines product sales with repair services, providing a defined operating format for a firearms-focused retail business. The building’s newer construction and documented interior and exterior features add practical context for evaluating the facility.
Key Highlights
- 5000 square feet of retail space
- Firearms retail operation with repair services
- Product offering includes handguns, rifles, shotguns, tactical gear, and holsters
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
$86,674
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
5.42%
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%
$1,733,480
$1.7M
Cap Rate 7%
$1,238,200
$1.2M
Cap Rate 9%
$963,044
$963.0K
Market Conditions
NOI Build-Up for 5,000 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
$130.2K $26.04/SF
− Vacancy
−$6.4K −$1.28/SF
EGI
$123.8K $24.76/SF
− OpEx
−$37.1K −$7.43/SF
NOI
$86.7K $17.33/SF
Area
Navajo County, AZ
Vacancy
4.90%
Lease Rate
$26.04 /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%
$1,733,480
Cap Rate 7%
$1,238,200
Cap Rate 9%
$963,044
Alternative Uses
Best Use
Retail
$1.24M
$1.08M – $1.44M
NOI $86,674 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.36M
$1.19M – $1.59M
NOI $95,111 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 85937, AZ
8,434
Population
3,159
Households
2.7
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
289.7 sq mi
ZIP Area
29
Density / Sq Mi
$64,475
Median Household Income
$29,099
Median Earnings
$1,182
Median Rent
$259,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail facility with firearms repair capability, vaulted ceilings, and smart lighting features.
Where is this retail space located?
The property is located at 1362 E Snowflake Boulevard Snowflake, AZ.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 5000 square feet of retail space; Firearms retail operation with repair services; Product offering includes handguns, rifles, shotguns, tactical gear, and holsters
