Freestanding Auto Shop
For Sale
$350,000
268 W Lewis Avenue, Ash Fork, AZ 86320
1954 auto/mechanical building on a 0.33-acre lot, currently used as Cowper Garage with room for parking and storage.
Property Size744 SF
Lot Size0.33 Acres
Price / SF$470.43
Days on Market58
Property Features for 268 W Lewis Avenue
General Information
Standard status
Active
Size
744 SF
Lot size
0.33 Acres
Property subtype
Commercial
Building Details
Building Size
744 SF
Year Built
1954
Buildings
1
Listing Agency:
RE/MAX Fine Properties
(928) 699-1917
Listed By:
Weston T Foster · License #SA689135000
(928) 699-1917
Source:
Sunhaven-realestate
Added: Jun 4
Changed: Jul 31
Last Checked: Jul 31 at 6:58AM
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 RE/MAX Fine Properties
Investment Insights
Based on property information with market context.
This freestanding auto shop building was built in 1954 and is currently used as Cowper Garage. The property includes a 744 SF building designed for automotive or mechanical use, positioned on a 0.33-acre lot.
The site’s oversized lot supports practical operations, including space for parking and storage, with room for additional development. The property is located at 268 W Lewis Avenue in Ash Fork, and is described as part of Arizona Route 66 history.
With its existing garage configuration and generous lot area, the property is well suited to an owner-user seeking an automotive-focused workspace or an investor looking for a small commercial asset with room to expand the site’s use.
The site’s oversized lot supports practical operations, including space for parking and storage, with room for additional development. The property is located at 268 W Lewis Avenue in Ash Fork, and is described as part of Arizona Route 66 history.
With its existing garage configuration and generous lot area, the property is well suited to an owner-user seeking an automotive-focused workspace or an investor looking for a small commercial asset with room to expand the site’s use.
Key Highlights
- Built in 1954
- Currently used as Cowper Garage
- 744 SF auto shop building
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 | $21.6k | $29.04 |
| − Vacancy | −$1.1k | −$1.45 |
| EGI | $20.5k | $27.59 |
| − OpEx | −$6.2k | −$8.28 |
| NOI | $14.4k | $19.31 |
744 SF · lease $29.04/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$205.3K
$179.6K – $239.5K
NOI $14,368 @ 7.0% cap · market cap 4.11%
Second Best
Retail
$184.2K
$161.2K – $215.0K
NOI $12,897 @ 7.0% cap · market cap 3.68%
Theoretical Best
Warehouse
$249.2K
$218.1K – $290.8K
NOI $17,447 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 86320, AZ
2,111
Population
1,349
Households
1.6
Avg Household Size
55
Median Age
13%
College-Educated
82%
High-School Grad
806.8 sq mi
ZIP Area
3
Density / Sq Mi
$43,553
Median Household Income
$41,131
Median Earnings
$1,063
Median Rent
$186,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - 1954 auto/mechanical building on a 0.33-acre lot, currently used as Cowper Garage with room for parking and storage.
Where is this auto shop located?
The property is located at 268 W Lewis Avenue Ash Fork, AZ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Built in 1954; Currently used as Cowper Garage; 744 SF auto shop building
