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Flex Space with Insulated Workshop
For Sale
$339,000

20253 E CONESTOGA Drive, Mayer, AZ 86333

Commercially zoned property combines a dedicated workshop, covered exterior work area, carports, and an updated residential component.

Property Size1,200 SF
Lot Size0.42 Acres
Price / SF$313.60
Days on Market60

Property Features for 20253 E CONESTOGA Drive

General Information

Standard status Active
Size 1,200 SF
Lot size 0.42 Acres
Property subtype Comm/industry Sale

Warehouse & Industrial

Clear Height 14 ft
Warehouse Space 1,200 SF

Building Details

Buildings 1
Building Size 1,200 SF
Construction metal
Listing Agency: Code of the West
Listed By: Trisha Lash · License #SA648016000
Source: Lisaroberts
Added: Aug 19 Changed: Oct 2 Last Checked: Oct 16 at 9:05AM

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 Code of the West

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Investment Insights

Based on property information with market context.

This flex-space property occupies 0.42 acres and includes an insulated metal workshop measuring 30' x 40' x 14'. The building has an evaporative cooler and an oversized roll-up door suitable for RV or camper access, with capacity for approximately 7.5 vehicles, equipment, or workspace functions. A covered work area connected to the residence and two carports add additional sheltered utility.

The residential improvement is a remodeled three-bedroom, two-bath double-wide CAVCO built in 1998. Updates include custom doors, wood detailing, upgraded lighting, faucets, toilets, and a renovated primary shower. The property also includes front and rear porches, with mountain views from the front porch and mature Texas Lilac, Desert Willow, and Brazilian Mesquite trees around the back porch.

Located at 20253 E Conestoga Dr in Mayer, Arizona, the property is positioned between Phoenix, Prescott, and Flagstaff.

Key Highlights

  • 0.42‑acre commercially zoned flex‑space property
  • Insulated metal workshop measures 30' x 40' x 14'
  • Oversized roll‑up door accommodates an RV or camper

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,349
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,980 $507.0K
Cap Rate 7%
$362,129 $362.1K
Cap Rate 9%
$281,656 $281.7K
Market Conditions
NOI Build-Up for 1,081 SF
Gross rent
$31.4K $29.04/SF
− Vacancy
−$1.6K −$1.45/SF
EGI
$29.8K $27.59/SF
− OpEx
−$4.5K −$4.14/SF
NOI
$25.3K $23.45/SF
Area
Yavapai County, AZ
Vacancy
5.00%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,980
Cap Rate 7%
$362,129
Cap Rate 9%
$281,656

Alternative Uses

Best Use
Warehouse
$362.1K
$316.9K – $422.5K (±1% cap)
NOI $25,349 @ 7.0% cap · market cap 7.48%
Second Best
Industrial
$298.2K
$261.0K – $347.9K (±1% cap)
NOI $20,876 @ 7.0% cap · market cap 6.16%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Law Firm Auto Parts Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14 ft
Clear height

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby
Under-served
Demand for This Use

Demographics for 86333, AZ

5,886
Population
3,296
Households
1.8
Avg Household Size
54
Median Age
12%
College-Educated
84%
High-School Grad
499.2 sq mi
ZIP Area
12
Density / Sq Mi
$54,385
Median Household Income
$27,900
Median Earnings
$1,008
Median Rent
$173,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Practical Healthy Living, LLC — 15709 S Maverick Trail, Mayer, AZ 86333

Frequently Asked Questions

What type of property is this?
Flex space - Commercially zoned property combines a dedicated workshop, covered exterior work area, carports, and an updated residential component.
Where is this flex space located?
The property is located at 20253 E CONESTOGA Drive Mayer, AZ.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 0.42‑acre commercially zoned flex‑space property; Insulated metal workshop measures 30' x 40' x 14'; Oversized roll‑up door accommodates an RV or camper
More about this property
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