Medical Office Building with Procedure
For Sale
$1,400,000
3107 Clearwater Drive, Prescott, AZ 86305
Flexible medical facility with exam, treatment, administrative, and reception areas in an established Prescott medical campus.
Property Size4,401 SF
Price / SF$318.11
Days on Market14
Property Features for 3107 Clearwater Drive
General Information
Standard status
Active
Size
4,401 SF
Property subtype
Office
Additional Details
Asking Price
$1,400,000
Taxes and HOA fees
Annual Taxes
$7,437
Amenities
Central Air
3
Paved Driveway, On Site.
Building Details
Year Built
2004
Buildings
1
Building Size
4,401 SF
Listing Agency:
(928) 642-3032
Listed By:
Arizona Commercial
(928) 642-3032
Source:
Xome
Added: Jul 20
Changed: Aug 2
Last Checked: Aug 2 at 4:39AM
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 Arizona Commercial
Investment Insights
Based on property information with market context.
Built in 2004, this 4,401-square-foot medical office building offers a purpose-built layout for clinical and professional operations. The interior includes 14 exam rooms, a procedure room, reception area, private offices, charting rooms, a break room, four restrooms, and central air. The property can be arranged as a single occupancy or divided into two suites, supporting multiple configuration options.
The building is located within The Crossings medical office campus in Prescott, near Downtown Prescott, Willow Creek Road, Iron Springs Road, and SR-89. On-site parking and a paved driveway provide practical site access for staff and visitors.
The building is located within The Crossings medical office campus in Prescott, near Downtown Prescott, Willow Creek Road, Iron Springs Road, and SR-89. On-site parking and a paved driveway provide practical site access for staff and visitors.
Key Highlights
- 4,401 SF medical office building constructed in 2004
- 14 exam rooms plus a dedicated procedure room
- Reception, private offices, 2 charting rooms, break room, and 4 restrooms
Financial Insights For Healthcare Medical
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 | $127.8k | $29.04 |
| − Vacancy | −$8.3k | −$1.89 |
| EGI | $119.5k | $27.15 |
| − OpEx | −$47.8k | −$10.86 |
| NOI | $71.7k | $16.29 |
4,401 SF · lease $29.04/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.02M
$896.2K – $1.19M
NOI $71,699 @ 7.0% cap · market cap 5.12%
Second Best
Office B
$914.4K
$800.1K – $1.07M
NOI $64,009 @ 7.0% cap · market cap 4.57%
Theoretical Best
Warehouse
$1.47M
$1.29M – $1.72M
NOI $103,203 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86305, AZ
19,555
Population
10,920
Households
1.8
Avg Household Size
62
Median Age
47%
College-Educated
97%
High-School Grad
588.5 sq mi
ZIP Area
33
Density / Sq Mi
$78,802
Median Household Income
$37,630
Median Earnings
$1,132
Median Rent
$627,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Bioveteria — 3607 Crossings Dr, Prescott, AZ 86305, United States
- Granite Mountain Vet Hospital — 3073 Willow Creek Rd, Prescott, AZ 86301
- Szekely Don DVM — 3073 Willow Creek Rd, Prescott, AZ 86301, United States
Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible medical facility with exam, treatment, administrative, and reception areas in an established Prescott medical campus.
Where is this medical office space located?
The property is located at 3107 Clearwater Drive Prescott, AZ.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 4,401 SF medical office building constructed in 2004; 14 exam rooms plus a dedicated procedure room; Reception, private offices, 2 charting rooms, break room, and 4 restrooms
