Remodeled Gas Station with
For Sale
$370,000
271 N Haskell Ave, Willcox, AZ 85643
General Commercial zoning supports service, convenience, and retail uses.
Property Size2,621 SF
Price / SF$141.17
Days on Market483
Property Features for 271 N Haskell Ave
General Information
Standard status
Active
Size
2,621 SF
Property subtype
Commercial
Zoning
General Commercial
Amenities
washer and dryer hookups
HVAC
Building Details
Year Built
1941
Buildings
2
Listing Agency:
OMNI Homes International
(520) 310-4020
Listed By:
Farley David Rosenstein · License #BR652756000
Source:
Greaterphoenixhomelistings
Added: May 5, 2025
Changed: Aug 29
Last Checked: Aug 29 at 2:37PM
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 OMNI Homes International
Investment Insights
Based on property information with market context.
Located at 271 N Haskell Ave in Willcox, this 2,621-square-foot gas station property includes a remodeled 650-square-foot single-family residence. The home has updated plumbing and electrical systems, new windows and flooring, a metal roof, HVAC, and washer and dryer hookups. The building was constructed in 1941.
The property occupies a double lot and carries General Commercial zoning. Documented use possibilities include a gas service station, convenience market, and retail store. Three adjacent lots are also offered separately, providing an option to evaluate additional land alongside the existing property.
The property occupies a double lot and carries General Commercial zoning. Documented use possibilities include a gas service station, convenience market, and retail store. Three adjacent lots are also offered separately, providing an option to evaluate additional land alongside the existing property.
Key Highlights
- 2,621‑square‑foot gas station property in Willcox
- Remodeled 650‑square‑foot single‑family residence
- Residence includes new metal roof, windows, and flooring
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
$27,186
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
7.35%
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%
$543,720
$543.7K
Cap Rate 7%
$388,371
$388.4K
Cap Rate 9%
$302,067
$302.1K
Market Conditions
NOI Build-Up for 2,621 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
$39.3K $15.00/SF
− Vacancy
−$3.1K −$1.17/SF
EGI
$36.2K $13.83/SF
− OpEx
−$9.1K −$3.46/SF
NOI
$27.2K $10.37/SF
Area
Cochise County, AZ
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
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%
$543,720
Cap Rate 7%
$388,371
Cap Rate 9%
$302,067
Alternative Uses
Best Use
Specialty Retail
$388.4K
$339.8K – $453.1K
NOI $27,186 @ 7.0% cap · market cap 7.35%
Second Best
Retail
$241.7K
$211.5K – $282.0K
NOI $16,919 @ 7.0% cap · market cap 4.57%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
Explore this area
Business Placement
Demographics for 85643, AZ
8,208
Population
3,965
Households
2.1
Avg Household Size
41
Median Age
18%
College-Educated
83%
High-School Grad
2,206.7 sq mi
ZIP Area
4
Density / Sq Mi
$56,952
Median Household Income
$32,712
Median Earnings
$700
Median Rent
$161,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - General Commercial zoning supports service, convenience, and retail uses.
Where is this gas station located?
The property is located at 271 N Haskell Ave Willcox, AZ.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 2,621‑square‑foot gas station property in Willcox; Remodeled 650‑square‑foot single‑family residence; Residence includes new metal roof, windows, and flooring
