Vacant Conventional
For Sale
$1,499,000
1481 Az-89a, Clarkdale, AZ 86324
Commercial Sale, Clarkdale, AZ
Property Size4,058 SF
Lot Size1.75 Acres
Price / SF$369.39
Days on Market425
Property Features for 1481 Az-89a
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
North State Route AZ 89A, Lincoln Drive roundabout, back to AZ 89A. Take a right on Paloma.
Subdivision
70 - Cottonwood/Clarkdale
Standard status
Active
APN
40626344a
Size
4,058 SF
Lot size
1.75 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
11843
Utilities
Utilities
Phone Available
Heating system
Heat Pump (Heating), Natural Gas
Cooling system
Central Air, Heat Pump
Amenities
water fountains
Building Details
Roof type
Tile
Listing Agency:
Linton Real Estate
(928) 779-4411
Listed By:
Michelle M Linton
(928) 600-3974
Added: Aug 12, 2025
Changed: Oct 2
Last Checked: Oct 10 at 10:06PM
MLS# 201874
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 vacant conventional restaurant property includes an upgraded kitchen and dining area, commercial equipment, storage space, patio seating, and decorative water fountains. Recent exterior paint complements the tile roof, while heat pump and central air systems provide building climate control. Natural gas heating is also present.
The property occupies a 1.75-acre commercially zoned lot along Hwy 89A in Clarkdale. On-site parking and phone availability are included. An adjacent lot is part of the sale and may be split, retained, or considered for future expansion, as permitted. The existing configuration and equipment package are suited to continued restaurant use, with the property also identified for event space or other commercial use.
The property occupies a 1.75-acre commercially zoned lot along Hwy 89A in Clarkdale. On-site parking and phone availability are included. An adjacent lot is part of the sale and may be split, retained, or considered for future expansion, as permitted. The existing configuration and equipment package are suited to continued restaurant use, with the property also identified for event space or other commercial use.
Key Highlights
- Commercially zoned 1.75‑acre lot along Hwy 89A
- Vacant restaurant property with upgraded kitchen and dining area
- Sale includes kitchen equipment, storage space, and patio seating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,366
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,567,320
$1.6M
Cap Rate 7%
$1,119,514
$1.1M
Cap Rate 9%
$870,733
$870.7K
Market Conditions
NOI Build-Up for 4,058 SF
Gross rent
$117.8K $29.04/SF
− Vacancy
−$5.9K −$1.45/SF
EGI
$112.0K $27.59/SF
− OpEx
−$33.6K −$8.28/SF
NOI
$78.4K $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 Rate 5%
$1,567,320
Cap Rate 7%
$1,119,514
Cap Rate 9%
$870,733
Alternative Uses
Best Use
Industrial
$1.12M
$979.6K – $1.31M
NOI $78,366 @ 7.0% cap · market cap 5.23%
Second Best
Specialty Retail
$770.8K
$674.4K – $899.2K
NOI $53,954 @ 7.0% cap · market cap 3.60%
Theoretical Best
Warehouse
$1.36M
$1.19M – $1.59M
NOI $95,159 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
5,268 visits/mo
0.3 miles
Demographics for 86324, AZ
4,544
Population
2,593
Households
1.8
Avg Household Size
54
Median Age
24%
College-Educated
97%
High-School Grad
259.8 sq mi
ZIP Area
17
Density / Sq Mi
$32,637
Median Household Income
$28,026
Median Earnings
$897
Median Rent
$345,000
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Includes upgraded kitchen equipment, storage, patio seating, and on-site parking.
Where is this conventional restaurant located?
The property is located at 1481 Az-89a Clarkdale, AZ.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Commercially zoned 1.75‑acre lot along Hwy 89A; Vacant restaurant property with upgraded kitchen and dining area; Sale includes kitchen equipment, storage space, and patio seating
