Industrial Buildings with Fenced
For Sale
$699,000
230 E Coolidge Ave, Coolidge, AZ 85128
Four industrial buildings with gated and fenced yard for sale.
Property Size9,720 SF
Price / SF$57.31
Days on Market221
Property Features for 230 E Coolidge Ave
General Information
Standard status
Active
Size
9,720 SF
Property subtype
Industrial
Building Details
Building Size
9,720 SF
Year Built
1929
Listing Agency:
Commercial Properties Inc
Listed By:
Brandon Koplin · License #SA567178000
(602) 373-4717
Source:
Cpiaz
Added: Jan 26
Changed: Sep 4
Last Checked: Aug 6 at 5:04AM
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 Commercial Properties Inc
Investment Insights
Based on property information with market context.
Four industrial buildings with a fenced yard are available for sale. The property features a gated yard and covered parking. It includes five grade-level doors and 220 amp, 3-phase power. The property is located on Coolidge Ave.
Key Highlights
- Four Industrial Buildings on one lot.
- Benefit from a Fenced and Gated Yard.
- 5 Grade‑Level Doors provide easy access.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,230
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,184,600
$1.2M
Cap Rate 7%
$846,143
$846.1K
Cap Rate 9%
$658,111
$658.1K
Market Conditions
NOI Build-Up for 12,196 SF
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.
Gross rent
$96.6K $7.92/SF
− Vacancy
−$12.0K −$0.98/SF
EGI
$84.6K $6.94/SF
− OpEx
−$25.4K −$2.08/SF
NOI
$59.2K $4.86/SF
Area
Pinal County, AZ
Vacancy
12.40%
Lease Rate
$7.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,184,600
Cap Rate 7%
$846,143
Cap Rate 9%
$658,111
Alternative Uses
Best Use
Industrial
$846.1K
$740.4K – $987.2K
NOI $59,230 @ 7.0% cap · market cap 8.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $236,020 @ 7.0% cap · market cap 33.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
Explore this area
Business Placement
Demographics for 85128, AZ
15,764
Population
6,527
Households
2.4
Avg Household Size
34
Median Age
12%
College-Educated
84%
High-School Grad
166.7 sq mi
ZIP Area
95
Density / Sq Mi
$57,205
Median Household Income
$40,018
Median Earnings
$1,132
Median Rent
$208,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Four industrial buildings with gated and fenced yard for sale.
Where is this industrial property located?
The property is located at 230 E Coolidge Ave Coolidge, AZ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four Industrial Buildings on one lot.; Benefit from a Fenced and Gated Yard.; 5 Grade‑Level Doors provide easy access.
