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219 Douglas St, Bisbee, AZ, 85603

219 Douglas St Bisbee, AZ 85603

For Sale
$375,000

Historic Copper City Electric building with original equipment included and utilities already on.

Property Size4,950 SF
Lot Size0.53 Acres
Price / SF$75.76
Days on Market185

Property Features for 219 Douglas St

General Information

Standard status Active
Property type Flex space, Industrial properties, Creative space, Office Spaces, Commercial real estate
Size 4,950 SF
Lot size 0.53 Acres

Building Details

Year Built 1930
Listing Agency:
Added: Jan 25 Changed: Jul 28

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $38.6k $7.80
− Vacancy −$4.1k −$0.82
EGI $34.6k $6.98
− OpEx −$10.4k −$2.09
NOI $24.2k $4.89
4,950 SF · lease $7.80/SF/yr · vacancy 10.50% · expense 30.00%

Alternative Uses

Best Use
Office B
$540.5K
$473.0K – $630.6K (±1% cap)
NOI $37,838 @ 7.0% cap · market cap 10.09%
Second Best
Flex RnD
$533.9K
$467.2K – $622.9K (±1% cap)
NOI $37,374 @ 7.0% cap · market cap 9.97%
Theoretical Best
Specialty Retail
$733.5K
$641.8K – $855.7K (±1% cap)
NOI $51,344 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Flex space

Frequently Asked Questions

What type of property is this?
Flex space - Historic Copper City Electric building with original equipment included and utilities already on.
Where is this flex space located?
The property is located at 219 Douglas St Bisbee, AZ.
What is the asking price?
The asking price for this property is $375,000.
More about this property
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