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    Modern Office/Industrial Facility For Sale Title is generated by Realmo AI

    2220 Taxi Way, Prescott, AZ 86301

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    Modern office/industrial building with exceptional access and functionality in Prescott.

    Type:Industrial, Office
    Property size:
    10,112 SF
    Price / SF:
    $316/SF
    Added:
    Jun 6, 2025
    Days on Market:
    391
    Last Refresh:
    Mar 16 at 1:17 pm

    Property Features for 2220 Taxi Way

    General Information

    Standard status
    Active
    Size
    10,112 SF
    Property subtype
    Industrial, Office

    Building Details

    Year Built
    2022

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    Scott Armstrong

    Listing office Berkshire Hathaway HomeServices

    Listing date Jun 6, 2025

    Source Crexi

    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 Berkshire Hathaway HomeServices

    HighLights

    • Modern construction: Built in 2022, only 2.5 years old.
    • Full drive‑around access for efficient logistics.
    • Secure, fenced yard for storage.
    • Elevator serving both floors.
    • Versatile space suitable for office or industrial use.
    • Prime location in Prescott, Arizona.

    Overview

    This contemporary office/industrial building, approximately 2.5 years old, is located in Prescott, Arizona. The property features an elevator that services both floors and full drive-around access to facilitate logistics. A secure, fenced yard provides space for equipment or product storage. The property is suitable for either industrial or office use.

    Local Financial Insights For Warehouse

    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 $293.7k $29.04
    − Vacancy −$14.7k −$1.45
    EGI $279.0k $27.59
    − OpEx −$41.8k −$4.14
    NOI $237.1k $23.45
    10,112 SF · lease $29.04/SF/yr · vacancy 5.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $3.39M
    $2.96M – $3.95M (±1% cap)
    NOI $237,124 @ 7.0% cap · market cap 7.41%
    Second Best
    Industrial
    $2.79M
    $2.44M – $3.25M (±1% cap)
    NOI $195,279 @ 7.0% cap · market cap 6.10%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.43
    Latitude
    34.6294

    FAQs

    What type of property is this?
    Flex space - Modern office/industrial building with exceptional access and functionality in Prescott.
    Where is this flex space located?
    The property is located at 2220 Taxi Way Prescott, AZ.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: Modern construction: Built in 2022, only 2.5 years old.; Full drive‑around access for efficient logistics.; Secure, fenced yard for storage.
    More about this property
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