Remodeled Mixed-Use
For Sale
$1,399,000
2891 E Adams, Show Low, AZ 85901
Commercial Sale, Show Low, AZ
Property Size7,686 SF
Lot Size5.75 Acres
Price / SF$182.02
Days on Market94
Property Features for 2891 E Adams
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Window features
Window Treatments, Window Coverings, Insulated Windows, Double Pane Windows
Patio and Porch features
Patio, Porch
Exterior features
Outdoor Grill
Subdivision
Show Low Unsub
Directions
Going east on Hwy 60 (Deuce of Clubs), turn right on 27th Place across from Hatch Toyota. Follow to the end just before Show Low Block, and turn left through the black wrought-iron gate. The house will be directly in front, while the commercial building is to the right at the end of the driveway.
Standard status
Active
APN
210-23-034A
Size
7,686 SF
Lot size
5.75 Acres
Taxes and HOA fees
Tax Description
SECTION 21,T10N,R22E: PARCEL 3, PER SURVEY 2020-3189; ALSO:COMBO2.68AC FROM 210-23-033 & 034 TO 210-23-034A: FOR 2023 ROLL (LEGAL DESCRIPTION IS FOR TAX PURPOSES ONLY/NOT FOR DEED PREPARATION)
Tax Annual Amount
8870
Legal Description
SECTION 21,T10N,R22E: PARCEL 3, PER SURVEY 2020-3189; ALSO:COMBO2.68AC FROM 210-23-033 & 034 TO 210-23-034A: FOR 2023 ROLL (LEGAL DESCRIPTION IS FOR TAX PURPOSES ONLY/NOT FOR DEED PREPARATION)
Utilities
Utilities
Propane
Heating system
Propane (Heating), Wood, Forced Air, Pellet Stove
Cooling system
Central Air
Building Details
Year built
1982
Roof type
Shingle, Metal
Additional Structures
Other
Listing Agency:
Realty One Group Mountain Desert - Show Low
(928) 486-6650
Listed By:
Richard Lofgreen
(928) 369-8326
Added: Jul 26
Changed: Oct 22
Last Checked: Oct 27 at 6:06PM
MLS# 262425
Copyright © 2026 White Mountain Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 5.75-acre mixed-use property at 2891 E Adams includes two remodeled buildings. The residence measures 3,164 square feet and contains 4 bedrooms and 4-1/2 baths, along with a built-in doggy bath facility. A separate 4,042-square-foot commercial building provides 4 bathrooms, 2 offices, and 2 large open areas. The property also includes a patio, porch, outdoor grill, central air, and multiple heating systems, including forced air, wood, a pellet stove, and propane.
Constructed in 1982, the improvements feature both shingle and metal roofing. Propane service is present, and the property is located in Show Low, AZ 85901. The combination of residential and commercial buildings creates a distinct mixed-use configuration with substantial enclosed space across the site.
Constructed in 1982, the improvements feature both shingle and metal roofing. Propane service is present, and the property is located in Show Low, AZ 85901. The combination of residential and commercial buildings creates a distinct mixed-use configuration with substantial enclosed space across the site.
Key Highlights
- 5.75‑acre mixed‑use property at 2891 E Adams, Show Low, AZ 85901
- 3,164‑square‑foot remodeled residence with 4 bedrooms and 4‑1/2 baths
- Separate 4,042‑square‑foot commercial building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,960
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,379,200
$2.4M
Cap Rate 7%
$1,699,429
$1.7M
Cap Rate 9%
$1,321,778
$1.3M
Market Conditions
NOI Build-Up for 7,686 SF
Gross rent
$200.1K $26.04/SF
− Vacancy
−$9.8K −$1.28/SF
EGI
$190.3K $24.76/SF
− OpEx
−$71.4K −$9.29/SF
NOI
$119.0K $15.48/SF
Area
Navajo County, AZ
Vacancy
4.90%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,379,200
Cap Rate 7%
$1,699,429
Cap Rate 9%
$1,321,778
Alternative Uses
Best Use
Mixed Use
$1.70M
$1.49M – $1.98M
NOI $118,960 @ 7.0% cap · market cap 8.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.09M
$1.83M – $2.44M
NOI $146,205 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
Explore this area
Business Placement
Demographics for 85901, AZ
18,701
Population
12,437
Households
1.5
Avg Household Size
49
Median Age
26%
College-Educated
94%
High-School Grad
263.1 sq mi
ZIP Area
71
Density / Sq Mi
$60,313
Median Household Income
$37,466
Median Earnings
$1,009
Median Rent
$256,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five-acre commercial holding with a remodeled residence, separate commercial building, and established utility improvements.
Where is this mixed-use property located?
The property is located at 2891 E Adams Show Low, AZ.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 5.75‑acre mixed‑use property at 2891 E Adams, Show Low, AZ 85901; 3,164‑square‑foot remodeled residence with 4 bedrooms and 4‑1/2 baths; Separate 4,042‑square‑foot commercial building
