Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Automotive Garage and Shop Building Title is generated by Realmo AI

    268 W Lewis Avenue, Ash Fork, AZ 86320

    View on Map
    Claim this Listing
    New
    For Sale
    $350,000

    COMMERCIAL - Ash Fork, AZ

    Property size:
    744 SF
    Lot size:
    0.33 Acres
    Price / SF:
    $470/SF
    Added:
    Jun 4, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 4 at 9:06 pm

    Property Features for 268 W Lewis Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    PS
    Fencing
    Fenced
    Standard status
    Active
    APN
    30210005
    Size
    744 SF
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    ASHFORK LOTS 9 10 11 & 12 BLK 2
    Tax Annual Amount
    791

    Utilities

    Utilities
    Natural Gas Available

    Building Details

    Year built
    1954
    Roof type
    Metal

    We can help!

    Listing Contact
    Weston T Foster
    Weston T Foster

    Listing agent Weston T Foster License #SA689135000

    Listing office RE/MAX Fine Properties 21020 N Pima Rd, Flagstaff, AZ

    Listing date Jun 4, 2026

    MLS# 204777

    Copyright © 2026 Northern Arizona Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1954‑built commercial property at 268 W Lewis Ave in Ash Fork
    • 0.33‑acre lot with fenced property and room for parking, storage, and expansion
    • 744 SF metal‑roof building currently used as Cowper Garage / former community gas station
    • Suitable for automotive or mechanical use based on current building setup
    • Natural gas available
    • 2.68 W Lewis Ave listing on historic Route 66 (Arizona Route 66) area

    Overview

    This for-sale automotive property features a 1954-built, 744 square foot building currently operating as Cowper Garage. The site is set on a 0.33-acre lot, offering room for practical on-site needs such as parking and storage alongside the existing shop use.

    The property is located at 268 W Lewis Avenue in Ash Fork, AZ, and is described as having historic ties to the area’s Route 66-era community gas station. With the building already configured for automotive and mechanical work, the improvements support continued use while allowing an owner-operator to evaluate other commercial concepts.

    For buyers seeking an owner-user facility, the current garage setup provides a straightforward foundation for maintaining or expanding automotive-related services. For investors or entrepreneurs, the oversized lot and existing shop building can support a range of automotive-focused tenancy strategies, depending on operational requirements and any future redevelopment plans.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Ash Fork
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.482762
    Latitude
    35.224432

    Nearby Similar for Sale

    • $350,000

      Historic Ash Fork Post Office

      Charming, well-preserved historic building on a spacious corner lot.
      435 Park Avenue, Ash Fork, AZ 86320
      View Details
    • $154,000

      Off-Grid Homestead Ready for Living

      40+ acre off-grid homestead designed for self-sufficiency.
      Raz Road lot: 102, Ash Fork, AZ 86046
      View Details
    • $199,800

      I-40 Land Opportunity, Ash Fork

      58.76 acres on I-40, endless possibilities for development.
      W Old Hwy 66, Ash Fork, AZ 86320
      View Details
    • $64,900

      10-Acre Camping Ready Land

      10-acre camping property with cowboy septic, 5th wheel, deck.
      206 Brava Lane, Ash Fork, AZ 86320
      View Details
    • $70,000

      Private Campground in Ash Fork

      Private 20.7-acre campground nestled in junipers and pinion pines.
      5 Deer Droppings, Ash Fork, AZ 86320
      View Details
    • $67,000,000
      15,803 SF

      TA Travel Center For Sale

      Travel center on Old Highway 66 near I-40.
      950 Old Hwy 66, Ash Fork, AZ
      View Details

    FAQs

    What type of property is this?
    Auto shop - Freestanding 744 sq ft garage on a 0.33-acre lot, suited for automotive or mechanical operations in Ash Fork.
    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: 1954‑built commercial property at 268 W Lewis Ave in Ash Fork; 0.33‑acre lot with fenced property and room for parking, storage, and expansion; 744 SF metal‑roof building currently used as Cowper Garage / former community gas station
    (928) 699-1917
    We can help!
    Listing Contact
    Weston T Foster
    Weston T Foster
    Real Estate License ID: SA689135000
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    268 W Lewis Avenue, Ash Fork, AZ 86320
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!