Combined Two-Unit Office
For Sale
$395,000
2155 W State Route 89a #207 208, Sedona, AZ 86336
The second-floor layout includes a reception area, multiple offices, a conference room, and storage.
Property Size1,448 SF
Price / SF$272.79
Days on Market56
Property Features for 2155 W State Route 89a #207 208
General Information
Standard status
Active
Size
1,448 SF
Elevators
Yes
Property subtype
Commercial
Zoning
Commercial
Additional Details
Floor
Second Floor
Utilities to Site
Yes
Office Units
2
Property Use
Office
Taxes and HOA fees
Annual Taxes
$2,937
Amenities
reception area
storage
conference room
common area bathrooms
Building Details
Building Size
1,448 SF
Year Built
1984
Buildings
1
Stories
2
Listing Agency:
Coldwell Banker Realty
(928) 282-4666
Listed By:
Andrew Brearley · License #BR006410000
(928) 300-2973
Source:
Azhomeseekers
Added: Sep 9
Changed: Nov 3
Last Checked: Nov 3 at 2:08PM
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 Coldwell Banker Realty
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.
Two office units are configured together as a 1,448-square-foot suite with a reception area, several offices, storage, and a conference room. The property was built in 1984 and is located on the second floor of a commercial condominium building. Water and sewer connections are stubbed out in the units.
The suite sits beside the elevator and stairwell, with shared restrooms in the common area. Commercial zoning allows general retail and other commercial or service uses.
The suite sits beside the elevator and stairwell, with shared restrooms in the common area. Commercial zoning allows general retail and other commercial or service uses.
Key Highlights
- Combined two‑unit office suite totaling 1,448 square feet
- Reception area, several offices, conference room, and storage
- Second‑floor position beside the elevator and stairwell
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,973
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,460
$399.5K
Cap Rate 7%
$285,329
$285.3K
Cap Rate 9%
$221,922
$221.9K
Market Conditions
NOI Build-Up for 1,448 SF
Gross rent
$33.7K $23.28/SF
− Vacancy
−$7.1K −$4.89/SF
EGI
$26.6K $18.39/SF
− OpEx
−$6.7K −$4.60/SF
NOI
$20.0K $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%
$399,460
Cap Rate 7%
$285,329
Cap Rate 9%
$221,922
Alternative Uses
Best Use
Office B
$285.3K
$249.7K – $332.9K
NOI $19,973 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$400.3K
$350.3K – $467.0K
NOI $28,022 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
5
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 second-floor layout includes a reception area, multiple offices, a conference room, and storage.
Where is this office unit located?
The property is located at 2155 W State Route 89a #207 208 Sedona, AZ.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Combined two‑unit office suite totaling 1,448 square feet; Reception area, several offices, conference room, and storage; Second‑floor position beside the elevator and stairwell
