Office Condo with
For Sale
$274,500
2155 W State Route 89a #107, Sedona, AZ 86336
The suite has two entrances, a private bathroom, and a washer and dryer.
Property Size929 SF
Price / SF$295.48
Days on Market179
Property Features for 2155 W State Route 89a #107
General Information
Standard status
Active
Size
929 SF
Property subtype
Commercial
Zoning
CO
Additional Details
Furnished
No
Office Units
1
Property Use
Office
Taxes and HOA fees
Annual Taxes
$1,883
Amenities
kitchenette
en suite bathroom
Building Details
Building Size
929 SF
Year Built
1984
Buildings
2
Listing Agency:
Realty ONE Group Mountain Desert
(928) 862-4035
Listed By:
Mike Wise · License #SA578505000
(928) 301-9631
Source:
Jlberrycompany
Added: May 6
Changed: Oct 30
Last Checked: Oct 30 at 2:07AM
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 Realty ONE Group Mountain Desert
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 929-square-foot office condo was built in 1984 and is zoned CO. The suite has two entrances, an en suite bathroom, and a kitchenette; the washer and dryer are included. Furnishings may be available separately.
In West Sedona, the property is near shopping, restaurants, lodging, a post office, and a Safeway. The building's roof combines concrete tile and PVC membrane.
In West Sedona, the property is near shopping, restaurants, lodging, a post office, and a Safeway. The building's roof combines concrete tile and PVC membrane.
Key Highlights
- 929‑square‑foot office condo built in 1984
- CO zoning
- Two entrances, an en suite bathroom, and a kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,814
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,280
$256.3K
Cap Rate 7%
$183,057
$183.1K
Cap Rate 9%
$142,378
$142.4K
Market Conditions
NOI Build-Up for 929 SF
Gross rent
$21.6K $23.28/SF
− Vacancy
−$4.5K −$4.89/SF
EGI
$17.1K $18.39/SF
− OpEx
−$4.3K −$4.60/SF
NOI
$12.8K $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%
$256,280
Cap Rate 7%
$183,057
Cap Rate 9%
$142,378
Alternative Uses
Best Use
Office B
$183.1K
$160.2K – $213.6K
NOI $12,814 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$256.8K
$224.7K – $299.6K
NOI $17,978 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,255
Businesses Nearby
Explore this area
Business Placement
Demographics for 86336, AZ
11,125
Population
8,066
Households
1.4
Avg Household Size
62
Median Age
51%
College-Educated
95%
High-School Grad
203.7 sq mi
ZIP Area
55
Density / Sq Mi
$65,000
Median Household Income
$34,981
Median Earnings
$1,456
Median Rent
$705,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The suite has two entrances, a private bathroom, and a washer and dryer.
Where is this office unit located?
The property is located at 2155 W State Route 89a #107 Sedona, AZ.
What is the asking price?
The asking price for this property is $274,500.
What are key features of this property?
This property features: 929‑square‑foot office condo built in 1984; CO zoning; Two entrances, an en suite bathroom, and a kitchenette
