Flex Manufacturing and
258 Justin Dr Cottonwood, AZ 86326
New
258 Justin Dr, Cottonwood, AZ, 86326
$2,700,000
For Sale
$2,700,000
I-2 flex property with office and warehouse space, multiple offices and restrooms, and 70 parking spaces.
Property Size21,124 SF
Lot Size1.51 Acres
Price / SF$127.82
Days on Market6
Property Features for 258 Justin Dr
General Information
- Standard status
- Active
- Size
- 21,124 SF
- Lot size
- 1.51 Acres
- Property subtype
- Other
Building Details
- Year Built
- 1993
Listing agency
Coldwell Banker Northland
(928) 634-9536
Listed by
Cris Ballard · License #BR007957000
Source
Commercialcafe
Added: Jul 17 Updated: Jul 22 at 6:17PM Checked: Jul 22 at 6:17PM
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 Northland
Investment Insights
Based on property information with market context.
This I-2 zoned flex property includes approximately half office space and half warehouse, totaling 21,124 SF. The building features conference rooms, multiple restrooms, and a mix of small and large offices, along with warehouse space for manufacturing or distribution operations. The property is situated on 1.51 acres and includes 70 parking spaces.
The property is located in Mingus Industrial Park at 258 Justin Dr in Cottonwood, AZ. It was formerly used as a vitamin manufacturing and distribution center, and the building is described as being in good shape.
The current configuration supports a combined work-and-storage setup with dedicated office components and warehouse space within one facility.
The property is located in Mingus Industrial Park at 258 Justin Dr in Cottonwood, AZ. It was formerly used as a vitamin manufacturing and distribution center, and the building is described as being in good shape.
The current configuration supports a combined work-and-storage setup with dedicated office components and warehouse space within one facility.
Key Highlights
- I‑2 zoned industrial/flex building in Mingus Industrial Park, built in 1993
- 21124 SF total space, approximately half office and half warehouse
- 1.51 acres with 70 parking spaces
Local Financial Insights For Flex RnD
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 | $296.6k | $14.04 |
| − Vacancy | −$13.3k | −$0.63 |
| EGI | $283.2k | $13.41 |
| − OpEx | −$99.1k | −$4.69 |
| NOI | $184.1k | $8.72 |
21,124 SF · lease $14.04/SF/yr · vacancy 4.50% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$7.08M
$6.19M – $8.26M
NOI $495,354 @ 7.0% cap · market cap 18.35%
Second Best
Industrial
$5.83M
$5.10M – $6.80M
NOI $407,938 @ 7.0% cap · market cap 15.11%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - I-2 flex property with office and warehouse space, multiple offices and restrooms, and 70 parking spaces.
Where is this flex space located?
The property is located at 258 Justin Dr Cottonwood, AZ.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: I‑2 zoned industrial/flex building in Mingus Industrial Park, built in 1993; 21124 SF total space, approximately half office and half warehouse; 1.51 acres with 70 parking spaces
