Building Details

Year built 1998

Floors in Building 1

Number of units 1

Flooring type Concrete

Building materials Steel Frame

Roof type Metal

Listing Agency: Code of the West Realty Show Phone

Listed By: Lee D Giblin · License #BR565000000 Show Phone

Added: Jul 21 Changed: Sep 15 Last Checked: Oct 6 at 5:06PM

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MLS# 1083814

Copyright © 2026 Prescott Area 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.

Set on 0.42 acres in Mayer, this C1-3-zoned property includes a 30' x 40' insulated steel-frame workshop with a 14' ceiling, concrete flooring, metal roofing, and an oversized roll-up door sized for an RV or camper. Cooling includes both central air and evaporative equipment, while an external restroom adds utility for workshop operations. Two tethered carports and an attached covered work area provide additional sheltered space.

The property also includes a remodeled 3-bedroom, 2-bath double-wide CAVCO residence built in 1998. Updates include custom doors, woodwork, lighting, faucets, toilets, and a renovated primary shower. A front porch offers mountain views, and the private rear porch is bordered by mature Texas Lilac, Desert Willow, and Brazilian Mesquite trees. Utilities include propane service and a private water source.

Key Highlights

• 0.42‑acre C1‑3‑zoned property in Mayer, AZ
• 30' x 40' x 14' insulated metal workshop
• Oversized roll‑up door accommodates an RV or camper

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$28,140

Cap Rate

8.30%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$562,800 $562.8K

Cap Rate 7%

$402,000 $402.0K

Cap Rate 9%

$312,667 $312.7K

Market Conditions

NOI Build-Up for 1,200 SF

Gross rent

$34.8K $29.04/SF

− Vacancy

−$1.7K −$1.45/SF

EGI

$33.1K $27.59/SF

− OpEx

−$5.0K −$4.14/SF

NOI

$28.1K $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%

$562,800

Cap Rate 7%

$402,000

Cap Rate 9%

$312,667

Alternative Uses

Best Use

Warehouse

$402.0K

$351.8K – $469.0K (±1% cap)

NOI $28,140 @ 7.0% cap · market cap 8.30%

Second Best

Industrial

$331.1K

$289.7K – $386.2K (±1% cap)

NOI $23,174 @ 7.0% cap · market cap 6.84%

Theoretical Best

—

—

same as Best Use

Zoning and permitted uses should be independently verified with authorities.

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

Explore this area Business Placement

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

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Fenced Flex Space with Office Trailer

10020 S State Route 69, Mayer, AZ 86333

$525,000

1,380 SF

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Industrial

15868 S Black Mountain Road, Mayer, AZ 86333

Contact for pricing

1,920 SF

View details

Historic Mixed-Use Complex

12780 E Central Ave, Mayer, AZ 86333

$899,000

7,617 SF

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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 - C1-3-zoned property combines a substantial workshop, covered work areas, and an updated manufactured residence.

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 C1‑3‑zoned property in Mayer, AZ; 30' x 40' x 14' insulated metal workshop; Oversized roll‑up door accommodates an RV or camper